East Grand Apartments 83 E Grand Ave 13 Unit Apartment Building $3,555,838 CAD ($273,526 CAD/Unit) 6.96% Cap Rate New Haven, CT 06513

Updated and well-maintained 13-unit multifamily portfolio located on East Grand Ave in New Haven’s Fair Haven Heights neighborhood. The property consists of three buildings with a desirable unit mix including 1-bedroom townhome-style units, ADA-compliant 2-bedroom units, and larger multi-bedroom apartments. Units feature quality interior finishes such as tile flooring, wood kitchen cabinets, granite countertops, and well-maintained kitchens and baths. The asset benefits from historically low tenant turnover, reflecting strong tenant satisfaction and consistent rental demand. Strong in-place income with upside potential through future rent growth and possible unit expansion opportunities (buyer to perform due diligence). Conveniently located just minutes from I-91, I-95, downtown New Haven, Yale University, and major employment centers, with close proximity to public transportation, schools, shopping, dining, and local businesses within a high-demand rental market. Seller will not provide owner financing; qualified buyers only. Please do not trespass on property or approach tenants. Year built varies per building.