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1280 Townsend Ave - 1280 Townsend Avenue 6 Unit Apartment Building Offered at $1,436,400 CAD at a 7.44% Cap Rate New Haven, CT 06513
Investment Highlights
- Access and Connectivity
- Famous New Haven Location
- Strong Rental Demographics and Demand
- Area Amenities and Demand Drivers
- Off-Street Parking
- Quality of Life Amenities
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 1280 Townsend Ave in New Haven, CT (the “Property”). The two-story building contains six (6) 2-Bedroom/1.5-Bathroom units with 5,693 square feet of gross living area in 9,293 square feet of gross area. Each unit is a townhouse style apartment with direct entry through the front and the rear. The Property is situated upon a 0.37-acre parcel and features off-street parking spaces via a lot to the rear.
1280 Townsend Avenue is well-positioned in New Haven’s Annex neighborhood, offering strong access to the city’s employment centers, shoreline amenities, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Townsend Avenue, Interstate 95 via the nearby Lighthouse Point / Frontage Road interchange, and close proximity to Interstate 91, providing efficient regional access throughout Greater New Haven, the Connecticut shoreline, and the broader Northeast corridor.
1280 Townsend Avenue is well-positioned in New Haven’s Annex neighborhood, offering strong access to the city’s employment centers, shoreline amenities, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Townsend Avenue, Interstate 95 via the nearby Lighthouse Point / Frontage Road interchange, and close proximity to Interstate 91, providing efficient regional access throughout Greater New Haven, the Connecticut shoreline, and the broader Northeast corridor.
Property Facts
| Price | $1,436,400 CAD | Property Type | Multifamily |
| Price Per Unit | $239,400 CAD | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 9,293 SF |
| Cap Rate | 7.44% | No. Stories | 2 |
| No. Units | 6 | Year Built | 1968 |
| Price | $1,436,400 CAD |
| Price Per Unit | $239,400 CAD |
| Sale Type | Investment |
| Cap Rate | 7.44% |
| No. Units | 6 |
| Property Type | Multifamily |
| Lot Size | 0.37 AC |
| Building Size | 9,293 SF |
| No. Stories | 2 |
| Year Built | 1968 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
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1280 Townsend Ave - 1280 Townsend Avenue
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