1533 Chapel

  • Title

    Multifamily Property For Sale

  • City

    New Haven, CT

  • Price

    $1,856,000

  • Cap Rate

    6.84%

  • Gross Leasable Area

    18,000

  • No. Units

    23

  • Occupancy

    95%

  • Price/SF

    $103.11

  • Price/Unit

    $80,695.65

  • No. Stories

    4

  • Property Type

    Multifamily

  • Tenancy

    Multiple

  • Year Built

    1900

  • Lot Size

    0.19 AC

Not found amenities.

Northeast Private Client Group is pleased to present 1533 Chapel, a 23 unit apartment building located in New Haven, CT.
1533 is comprised of 2 studio, 16 one bedroom, and 5 two bedroom units. Heat is provided by a central gas fired system. The property has operated at high historical occupancy.

In 2010 1533 Chapel underwent a complete renovation, including new windows, electrical, plumbing, laundry room, unit renovations with new kitchens and baths, new fire panel and heat timing system, and new gas burner conversion.

1533 Chapel provides a new owner the opportunity to acquire a turn-key asset with room to grow rents in one of the nation’s strongest apartment rental markets.

New Haven, New Haven County, CT