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151 Fitch St
New Haven, CT 06515 Beaver Hills

$1,975,000 USD

Apartments For Sale  •  19,884 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,880 SF
  • Lot Size 0.5 AC
  • Year Built 1900
  • Cap Rate 7.09 %
60 Transit Score
50 Walk Score

Highlights

0.2 miles from SCSU, under 2 miles from Yale, and minutes from downtown, hospitals, and major transit
6 exceptionally large units spread across 4 buildings
Offered at $1,975,000 with a strong 7.09% current cap rate
Upside via renovations, adding in-unit laundry, charging for parking, and expanding the parking lot

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $140,090 USD (2026)
Cap Rate: 7.09 %
Total Expenses: $77,650 USD

Public Transportation

Commuter RailDriveWalkDistance
New Haven-State Street Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min - 2.8 mi
7 min - 3.4 mi
AirportDriveWalkDistance
Tweed/New Haven 16 min - 7.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Matt Cawley 917-946-5425 National Multifamily
Matt Cawley 917-946-5425 National Multifamily