69 Hine Street

West Haven, CT 06516

Sale Price:

$950,000

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Exterior
Exterior

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Boiler
Boiler

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price

$950,000

square feet

9,456

cap rate

7%

occupancy

100%

units

9

buildings

1

noi

$69,942

built

1949

description:

Solid  2 Story Brick Building with 9 Units located one block from the approved development site of the new, upscale, West Haven Waterfront Mall.

 

Unit mix is 7-1 bedroom (4 of the 1 bedroom units are fully furnished apartments) and 2-2 bedroom apartments.

Tenants of the (4)furnished units are traveling medical professionals who rent month to month and work at nearby Yale New Haven Hospital.

 

Spacious Units with Hardwood floors.  

 

Oak kitchen cabinets with hardwood and laminate flooring and tile back-splash.

 

Brand new roof. About 50% of the windows have been recently replaced.  

 

Separate tenant paid electric.  Landlord pays oil heat and hot water.

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