212 Sheffield Ave

Amazing fully occupied 7 unit brick building two blocks away from Science Park, Albertus Magnus and a short bike ride to Downtown New Haven & Yale! The building is fully occupied with great tenants. The building consist of three spacious (3 bed, 1 bath apartment), three (2 bedroom, 1 bath) apartments and one (1 bed, 1 bath apartment). The apartments feature spacious living rooms with hardwood floors, fully appliance tiled kitchens, partially updated baths, in unit laundry and spacious bedrooms with great closet space. Narrow parking lot in the rear of building. Excellent income with gross rents of $164,013 and a net income of $110,977. The building is currently being offered with a 7.85 cap rate with plenty of room to grow.