84 Ashland Place, New Haven, Connecticut

About 84 Ashland Place

HIGHEST & BEST DUE Tuesday October 6th @5pm. Rare opportunity to own a well-cared-for multifamily home that's been in the same family for over 24 years and it shows in all the right ways. The 1st floor unit is owner occupied, while two great, long-term tenants help cover the mortgage or add it to your portfolio and bring all three units to market rent for immediate upside. Sitting on a corner lot with a detached 2-car garage (plus bonus loft space), this three-unit home offers space, light, and character throughout. The 1st and 2nd floor units are nearly mirror images of each other at approximately 1,200 sq ft, each offering 2 bedrooms, gorgeous original hardwood floors, a generous eat-in kitchen, a formal dining room or flex/multi-purpose room, a comfortable living room, and a bright three-season porch. The 3rd floor is a cozy, sunny 1-bedroom at about 800 sq ft with that same open, airy feel. Each unit has its own in-unit washer, and mechanicals have been updated. The 2nd floor tenant pays $1,100/month (includes garage space) and the 3rd floor tenant pays $800/month both easy, reliable tenants who take care of the place. Rents are under market, leaving real room to grow income and boost ROI, whether you're settling in or investing. Solid bones, real character, and upside built in, this is the kind of property that doesn't come around often.

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