Price cut
$2,595,000
18 bd · 6 ba · 9,072 sqft · 7,841 sqft lot
38 Bishop St, New Haven, CT 06511
Multi-family · Built 1900 · $286/sqft ·
$14,890/mo est. payment
Flood factor 1/10
About this home
The East Rock Investment property of your dreams! The building features over 9000 SQ FT of living space spread across 6 large three bedroom, 1 bath apartments. The building is currently bringing in over $277,000 of income with a net income of $211,011 with an 8.14 cap rate. The building has a ton of value with added potential with renovations to kitchens and baths. Low maintenance building with no driveway or off street parking and nice rear lot. The building has separate metered gas heating and electric, but hot water is included. Huge basement with washer and dryer for tenant use. Don't miss this great opportunity.
Facts and features
Bedrooms
- Bedrooms: 18
Other Rooms
- Total Rooms: 36
- Basement Features: Full, Unfinished
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Heating and Cooling
- Heating Features: Hot Water
- Heating Fuel: Natural Gas
- Number of Fireplaces: 0
Land Info
- Lot Description: Level Lot
- Lot Size Acres: 0.18
- Lot Size Source: Public Records
- Lot Size Square Feet: 7841
School Information
- Elementary School: Per Board of Ed
- High School: Per Board of Ed
Multi-Unit Info
- Number of Units In Community: 6
Rental Info
- Gross Income: 277020
Schools
- 3
East Rock Community Magnet School
elementary · K-8 · 0.4 mi
- 2
New Haven Academy
high · 9-12 · 0.2 mi
St. Francis School
elementary · K-8 · 0.9 mi
- 6
Booker T Washington Academy
elementary · K-8 · 0.2 mi
Elm City College Preparatory School
elementary · K-9 · 0.5 mi
- 4
Elm City College Preparatory School
elementary · K-12 · 0.5 mi
Price history
- Jul 2, 2026 · Listed$2,595,000
Where it is
Listed by Jack Hill · Seabury-Hill Realtors · SMARTMLS
