40 Blake St

An amazing opportunity in the Beaver Hills neighborhood of New Haven: this is perfect for an owner occupier or investor! 8+% CAP! This location is home to: Hamilton Park, the Connecticut Open Tournament, and the beautiful West River. This 4-unit asset is 4110 SF & has tenant paid utilities. Unit 1 has 3 bedrooms/ 1 bathroom rented for $1295 that is M2M. Unit 2 has 3 bedrooms/1 bathroom and is ready for occupancy. Unit 3 is 3 bedrooms/ 1 bathroom rented for $1275 with a lease expiration of 11/30/23. Unit 4 has 3 bedrooms/ 1 bathroom rented for $1030 to a long-term tenant of 7 years that is currently M2M. The asset features off street parking. The asset features: newer vinyl siding, windows and porches. The range is natural gas, electrical is updated and there are 2 sides to the basement for the mechanicals. This asset can be purchased with 2 other 4 unit assets on Blake. 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.