15 Colby Ct, New Haven, CT 06515

Beds
16
Baths
16
Sqft
10,000
Garage
Yes

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Listed byHomeSmart Homes and Estates
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Overview

This newly constructed four-unit townhome asset presents a rare opportunity to acquire a core-plus multifamily property in the New Haven market. Built by a reputable local developer, the property is offered as a single investment asset, ideal for investors seeking stable long-term cash flow with future upside. Each of the four townhome-style units is approximately 2,500 square feet and configured with 4 bedrooms and 3.5 bathrooms. Features include hardwood flooring, tiled bathrooms, central air, stainless steel appliances, in-unit laundry, private decks, and one-car garages. Each unit is separately metered for utilities, supporting efficient management and expense control. Guest parking is also included for added convenience. The property will convey as a single asset with no existing condominium association in place. A future condo conversion may offer additional exit flexibility and potential value enhancement. Located within 7-11 minutes of Yale University, Southern Connecticut State University, and the University of New Haven, the property benefits from consistent rental demand driven by nearby universities, faculty, and medical professionals. Projected market rents are $4,500 per unit per month, supporting an estimated gross annual income of approximately $216,000 based on current assumptions.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
16
Number of bathrooms
16
Square feet
10,000
Lot size (acres)
0.19
Year built
2026

Interior features

Laundry
In Unit Washer/Dryer, In Unit

Exterior features

Horse amenities
Stable

Garage and parking

Garage parking spaces
4

Utilities

Heating
Heat Pump
Sewer
Public Sewer
Water
Public Water

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Smart MLS MLS®#: 24176677 Last checked:

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