Multi-Family For Sale · 3 Family
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VC Property Group is proud to present 607 Elm Street located in the Dwight neighborhood of New Haven, CT. This property is fully occupied and generates $57,600 in current gross income, providing an in-place NOI of $37,853. Rent increases to $2,000 per (3) bedroom unit will boost performance marking a 7.75% CAP rate proforma. At a 75% LTV entry, these assets facilitate a 1.13 DSCR. 80% LTV options are available for qualified borrowers. This property features all (3) bedroom units, tenant-paid utilities, public water/sewer, in unit washer/dryer hookups, and a low operating expense profile. This is a stabilized asset providing strong upside with lease up to market rents.
Listed by Connor Wenchell (860) 343-7800 with VC Property Group, LLC (860) 300-3102
Estimate only. Contact a lender for accurate figures.
Connor Wenchell · (860) 343-7800
VC Property Group, LLC · (860) 300-3102
MLS# 24170025 · Data provided by SmartMLS. Information deemed reliable but not guaranteed. Listing updated Apr 24, 2026 7:13 PM UTC
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607 Elm Street, New Haven CT, 06511
$650,000 • Active
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