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143 Bradford Ave - EAST HAVEN 2-FAMILY 2 Unit Apartment Building Offered at $980,735 CAD at a 7.76% Cap Rate East Haven, CT 06512



Executive Summary
Rare opportunity to own a newer construction (2002) side-by-side townhouse-style two-family property located just across from Cosey Beach. This well-maintained investment features professional landscaping, a brand-new roof (less than one year old), city water, city sewer, natural gas heat, central air, and an attached one-car garage for each unit. Each unit offers 3 bedrooms, 1.5 baths, spacious living areas, and separate utilities, making this an ideal turnkey investment or owner-occupant opportunity. Current Lease Information: Unit A: Currently leased at $2,400/month through September 15, 2026. A new lease has already been signed from September 15, 2026 through September 14, 2028 at $2,900/month. Unit B: Leased at $2,900/month from July 1, 2026 through June 30, 2028. Income & Expenses (Stabilized): Gross Annual Rental Income: $69,600 Real Estate Taxes: $8,500 Insurance: $3,000 Maintenance: $500 Water & Sewer: $2,000 Landscaping: $1,250 Total Operating Expenses: $15,250 Net Operating Income (NOI): $54,350 List Price: $700,000 Cap Rate: 7.76% Excellent opportunity to acquire a fully leased, income-producing asset in one of East Haven's desirable shoreline neighborhoods with long-term lease stability already in place.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $980,735 CAD | No. Units | 2 |
| Price Per Unit | $490,367 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 2,432 SF |
| Cap Rate | 7.76% | No. Stories | 3 |
| Sale Condition | 1031 Exchange | Year Built | 2002 |
| Price | $980,735 CAD |
| Price Per Unit | $490,367 CAD |
| Sale Type | Investment |
| Cap Rate | 7.76% |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,432 SF |
| No. Stories | 3 |
| Year Built | 2002 |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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143 Bradford Ave - EAST HAVEN 2-FAMILY
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