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About this home
Opportunity meets flexibility in this well-maintained two-unit home! Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this property offers options for both homeowners and investors alike. With one unit becoming vacant and the other occupied by a month-to-month tenant, the possibilities are especially appealing for those seeking an owner-occupied investment or future rental flexibility. Both units feature spacious living areas, comfortable bedrooms, and functional kitchens, while newer vinyl siding adds curb appeal and helps minimize exterior maintenance. Additional highlights include central air, separate utilities for each unit, natural gas, and public water/sewer. Conveniently located near shopping, dining, public transportation, and major commuter routes, this property offers everyday accessibility and strong potential for continued rental demand. This is one you won't want to overlook!
The Annex, located between the Mill River and the Quinnipiac River, is a waterfront and industrial New Haven neighborhood with working harborscapes and broad marsh-edge views. The neighborhood’s character concentrates along the stretch of Waterfront Street by the Tomlinson Bridge, where marine yards, warehouses, and river traffic set a utilitarian rhythm. Low-slung industrial buildings and big-sky lots define the streetscape, with pockets of newer infill near the water. Lighthouse Point Park frames the shoreline with paths, a historic carousel, and long views across the harbor. The Shore Line East stop at New Haven Union Station links the area to the region, while the river corridors keep the landscape open and tidal.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Finished walk-up attic
Full, unfinished basement
Eight total rooms
Bedrooms
4 bedrooms
Bathrooms
2 full bathrooms
Laundry & utility
Basement laundry hookups
Heating & cooling
Central air
Hot-air heating with natural gas
Exterior features
Porch
Gutters
Level lot
Sage exterior
Home design
Two-family home
Construction
Frame construction
Vinyl siding
Asphalt shingle roof
Brick and concrete foundation
Utilities
Public water
Public sewer
Natural-gas hot water
Financial info
Two units
Electricity and solar
View estimated energy costs and solar savings for this home
Highest and Best by 8/20 @ 4:30pm. Welcome to this well-maintained 2-family home, a prime investment opportunity. This property features brand-new vinyl siding, giving it a fresh, modern look while ensuring low maintenance for years to come. Each unit offers spacious living areas, comfortable bedrooms, and well-equipped kitchens. The property is fully occupied, providing immediate rental income, and comes with the added convenience of central air conditioning, ensuring year-round comfort. Separate utilities for each unit. Natural gas, public water and sewer. Located in a desirable neighborhood, this home is close to schools, shopping, and public transportation, making it a prime location for tenants. Don't miss out on this turn-key investment opportunity!
These districts exist for the protection of areas that have been and are being developed predominantly for low-middle density dwellings of various types. Accordingly, the use of land and buildings within these areas is limited in general to dwellings at a density of about 12 dwelling units per acre, and to such non-residential uses as generally support and harmonize with a middle density area. The non-residential uses permitted in RM-1 Districts, subject to adequate conditions and safeguards, are hereby found and declared to be the only appropriate such uses for such areas. It is hereby found and declared, further, that these regulations are necessary for the protection of these areas and that their protection is essential to the maintenance of a balanced community of sound residential areas of diverse types.
Permitted uses
Include but are not limited to:
Religious facility
Convenience store
Retail-Grocery
Hospital / medical center
Housing-Single unit
Housing-Multiple units
Public service
Agriculture
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 97° expected this year, 16 days in 30 years
6/10 Wind Factor
60% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
New Haven, CT • 06512
Average low and high temperatures (°F)
35
23
37
24
51
35
60
43
68
53
80
63
84
69
81
63
76
59
65
49
55
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home ranks in the top 14% for direct sun exposure in New Haven. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 52 Terrace St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $386,500 and $490,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $387K to $490K.