Multi-Family For Sale · 5 Family+
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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.
Listed by Javyn Roundtree (475) 227-4312 with Roundtree Realty LLC (475) 227-4312
Estimate only. Contact a lender for accurate figures.
Javyn Roundtree · (475) 227-4312
Roundtree Realty LLC · (475) 227-4312
MLS# 24155329 · Data provided by SmartMLS. Information deemed reliable but not guaranteed. Listing updated Sep 16, 2026 2:39 PM UTC
Peter & Konrad
Co-Founders, RYZE Realty Group
$630,000
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116 Old Foxon Road, East Haven CT, 06513
$899,000 • Active
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