






$899,000
7 bd · 6 ba · 3,364 sqft · 14,810 sqft lot
116 Old Foxon Rd, East Haven, CT 06513
Multi-family · Built 1920 · $267/sqft ·
$5,432/mo est. payment
A 6-unit multifamily offering strong in-place income plus immediate upside through lease-up. Current rents: Unit 1-$1,300, Unit 2-$1,550, Unit 3-$1,300, Unit 6-$1,375; Units 4 (1BR) and 5 (2BR) are empty. In-place gross: $5,525/mo with pro-forma potential up to ~$8,925/mo (market rent: Unit 4-$1,550 and Unit 5-$1,850). Located in a Class A neighborhood in the desirable Foxon area, close to I-95 & Route 1, shopping, dining, and minutes to downtown New Haven/Yale and East Haven beaches/parks. With lease-up alone, this can be positioned to achieve an 8-cap, making it an ideal value-add play with strong long-term fundamentals.
Dominick H. Ferrara School
elementary · 3-5 · 1.2 mi
East Haven High School
high · 9-12 · 1.8 mi
Joseph Melillo Middle School
middle · 6-8 · 2.3 mi
All Nations Christian Academy
elementary · K-4 · 1.3 mi
Deer Run School
elementary · K-2 · 1.6 mi
All Nations Christian Academy
elementary · K-4 · 1.3 mi
Listed by Javyn Roundtree · Javyn Roundtree · SMARTMLS























