501 Blatchley Avenue

Great 4 unit value add opportunity in the charming Fair Haven neighborhood in New Haven - surrounded by several single family homes! Closely connected to Grand avenue which runs through countless local businesses, schools, shopping + recreation. Boasting (2) 2 Bedroom Units + (1) 1 Bedroom. Market rent in the area for 1 beds are upwards to $1300 and 2 beds for $1500.. there is HUGE upside on this one! There is also additional 150 sq ft of unfinished space perfect for an office. The property has separate and tenant paid utilities, vinyl siding and off street parking. With some TLC, this property will be up and running in no time! The field card has the asset as a 3 Unit. The Building Department has the asset as a 4 unit. The Building Dept supersedes the assessor's card. As of 2009, the building card has electrical & occupancy as 4 units. IMPORTANT: AGENTS PLEASE READ AGENT TO AGENT REMARKS. Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.