Description
Exceptional investment opportunity in New Haven's West River/Dwight neighborhood-just minutes from downtown, Yale, hospitals, and major transit. This three-family offers the perfect entry point for investors or owner-occupants looking to create value in a strong rental market. The property features two spacious two-bedroom units and one one-bedroom, each with hardwood floors, generous layouts, and separate tenant-paid utilities. One two-bedroom unit is occupied month-to-month at below-market rent, providing immediate upside through turnover and rent optimization. With light renovations, the income potential here is significant. Savvy investors will recognize the proven demand: 129 Winthrop traded at $415K in good condition, while 706 George achieved $520K post-renovation. Whether you're looking to live in one unit while building equity or reposition the asset for higher returns, this property delivers flexibility, long-term growth, and a location that continues to appreciate.
-
5BEDS
-
0.1ACRES
-
3BATHS
-
01/2 BATHS
-
2,282SQFT
-
$145$/SQFT
School Information
Description
Exceptional investment opportunity in New Haven's West River/Dwight neighborhood-just minutes from downtown, Yale, hospitals, and major transit. This three-family offers the perfect entry point for investors or owner-occupants looking to create value in a strong rental market. The property features two spacious two-bedroom units and one one-bedroom, each with hardwood floors, generous layouts, and separate tenant-paid utilities. One two-bedroom unit is occupied month-to-month at below-market rent, providing immediate upside through turnover and rent optimization. With light renovations, the income potential here is significant. Savvy investors will recognize the proven demand: 129 Winthrop traded at $415K in good condition, while 706 George achieved $520K post-renovation. Whether you're looking to live in one unit while building equity or reposition the asset for higher returns, this property delivers flexibility, long-term growth, and a location that continues to appreciate.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-01-20T13:09:57.26.