607 Elm Street, New Haven, CT 06511

• 11 beds |
• 3 baths |
• 4,402 sqft

Property Description

607 Elm Street located in the Dwight neighborhood of New Haven, CT. This property is fully occupied and generates $57,600 in current gross income, providing an in-place NOI of $37,853. Rent increases to $2,000 per (3) bedroom unit will boost performance marking a 7.75% CAP rate proforma. At a 75% LTV entry, these assets facilitate a 1.13 DSCR. 80% LTV options are available for qualified borrowers. This property features all (3) bedroom units, tenant-paid utilities, public water/sewer, in unit washer/dryer hookups, and a low operating expense profile. This is a stabilized asset providing strong upside with lease up to market rents.

Listing Status:

Active

Date Added:

April 24, 2026

Data Last Updated:

May 12, 2026 at 4:53AM

Listing Office:

VC Property Group, LLC : (860) 300-3102

Listing Agent:

Connor Wenchell : (860) 343-7800

MLS ID:

24170025

Interior

• Basement: Full
• A/C: Window Unit
• Heating: Hot AirNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• Style: Units on different Floors

Construction

• Roofing: Asphalt Shingle

Location

• County: New Haven

Lot

• Zoning: RM21255657

Utilities

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