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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
Building Class C
Year Built 1900
Cap Rate 7.09 %
Zoning RM1

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

151 Fitch Street, New Haven, CT - OM

Financial Summary (Proforma)

Net Operating Income: $140,090 USD (2026)

Cap Rate:	7.09 %
Total Expenses:	$77,650 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
New Haven-State St (Hartford Line - Metro-North Railroad, New Haven - Metro-North Railroad)	6 min	-	2.8 mi
New Haven (Amtrak Hartford Line - Amtrak, Commuter Rail - Amtrak, Northeast Regional - Amtrak, Shore Line East Train - Amtrak, Valley Flyer - Amtrak)	5 min	-	2.8 mi
Airport	Drive	Walk	Distance
Tweed/New Haven	15 min	-	7.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Matt Cawley 917-946-5425 National Multifamily

151 Fitch St New Haven, CT 06515 Beaver Hills