New Haven - Beach Property For Sale #3195623

LOCATION! LOCATION! LOCATION! 764 and 776 Quinnipiac Avenue, two adjacent multi-family opportunities with 4 and 3 units, respectively (1 2BR;2BA and 6 3BR;2.5BA. Beautifully located on the Quinnipiac River with unparalleled views, 764 and 776 Quinnipiac Avenue are situated in the northeastern corner of New Haven and within the Quinnipiac Meadows neighborhood, a lush suburban neighborhood within close driving distance of downtown New Haven. Considered a hidden gem within the city of New Haven, the surrounding area of Quinnipiac Avenue is experiencing an influx of attention and development, further adding to the value-add within the neighborhood.

The units are unique, multi- story, 1770 historic and revitalized property, with extraordinary water views from everywhere and direct water access to private dock for boating, fishing and water recreation. The units contain high ceilings with lots of light and are all in great condition with each property including private garages, private walkways and sidewalks with water views of the Quinnipiac River.

With current financials of the units performing at or above a 6.6% Cap Rate, and an increase to a 7.0% Cap Rate over the next 6 months, these multi-family properties are a great opportunity for investors looking to advance their New Haven portfolio.

764 and 776 Quinnipiac can be sold separately or together. Please see MLS Listing 170527524 for 776 Quinnipiac.