246 Newhall Street, New Haven, CT 06511

• 7 beds |
• 3 baths |
• 1,817 sqft

Property Description

Investor-friendly three-family property in the heart of New Haven! This income-producing multifamily presents an excellent opportunity to expand your investment portfolio or owner-occupy one unit while generating rental income from the other two. The sale includes the adjacent lot at 242 Newhall Drive, offering additional potential. Buyers are encouraged to conduct their own research regarding zoning, permits, and the possibility of future development. Each unit features separate utilities for added convenience and simplified property management. Ideally located just minutes from downtown New Haven, Yale University, major hospitals, public transportation, shopping, dining, and easy access to major highways. All units are rented in the property, generating $3,850/month ($46,200 annually) - bringing a high gross yield to the listing price. New owners enjoy immediate revenue from day one.

Listing Status:

Active

Date Added:

June 25, 2026

Data Last Updated:

August 11, 2026 at 12:53AM

Listing Office:

Smart Realty Services Corp : (203) 437-7919

Listing Agent:

Nathaniel Correa : (203) 247-8512

MLS ID:

24186109

Interior

• Laundry: Basement Hook-Up(s)
• Basement: FullUnfinished
• A/C: Window Unit
• Heating: Gas on Gas

Exterior

• Style: Other

Construction

• Roofing: Asphalt Shingle

Location

• County: New Haven

Lot

• Zoning: RM21252355

Utilities

• Water: Public Water Connected
• Sewer: Public Sewer Connected