Attention Investors! Excellent investment opportunity at 74 Woolsey Street in New Haven! Priced below market value, this property offers great potential for investors looking to add to their portfolio. The first-floor unit is currently leased, providing rental income. Per the owner, the second and third floors are combined into a single unit featuring a total of five bedrooms. Buyers and their agents are encouraged to perform their own due diligence regarding the property's layout, unit configuration, permitted use, and zoning compliance.1st floor tenant is month to month. The second and third floors require minor repairs, offering an opportunity to add value. Property does not qualify for FHA financing. Property is being sold strictly AS IS, WHERE IS. Seller will make no repairs. Bring your vision and explore the possibilities this investment property has to offer.
Multi-familyProperty Type
1900Year Built
3,484 sq ftLot Size
$146Price/Sq.Ft.
Listed by Carmen Flores• Flores & Company Realtors, LLC
Fair Haven, located between the Quinnipiac River and East Rock, is a waterfront and historic New Haven neighborhood with working harborscapes and porch-lined streets. The neighborhood’s character concentrates along Grand Avenue near Ferry Street, where corner markets, bakeries, and longtime eateries set a steady, street-level rhythm. Pillars include Fair Haven Oyster Co., the Fair Haven Branch Library, and the Fair Haven Farmers Market. Rows of late-19th-century and early-20th-century houses mix with small multifamily buildings and former industrial edges by the water. Quinnipiac River Park and the riverfront paths shape daily routines with open views and breezes. Food and community events keep the calendar active without feeling staged.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Finished attic
Full, unfinished basement
Bedrooms
8 bedrooms
Bathrooms
2 full bathrooms
1 half bathroom
Heating & cooling
Hot air and hot water heat
Natural gas heating fuel
Exterior features
Level lot
Home design
Two-family property
Construction
Frame construction
Vinyl siding
Asphalt shingle roof
Utilities
Public water in street
Public sewer in street
Natural gas hot water with a 40-gallon tank
Electricity and solar
View estimated energy costs and solar savings for this home
Investor/flippers you have a two family worth redoing. Large units with a possible 3rd floor unit or make it a massive 2nd floor unit. Rents in the neighbor are good. Needs everything.
Year
Property tax
Land + Additions
Assessment*
2023
$6,419 (−6.4%)
$38,570 + $133,980
$172,550
2022
$6,859 (+64.1%)
$38,570 + $133,980
$172,550
2021
$4,180
$30,870 + $64,400
$95,270
2020
$4,180 (+2.1%)
$30,870 + $64,400
$95,270
2019
$4,095
$30,870 + $64,400
$95,270
2018
$4,095 (+39.8%)
$30,870 + $64,400
$95,270
2017
$2,930 (+35.6%)
$30,870 + $44,870
$75,740
2016
$2,161
$14,070 + $37,940
$52,010
2014
$2,161 (+1.8%)
$14,070 + $37,940
$52,010
2011
$2,122
$14,070 + $37,940
$52,010
Public record
Public record
Zoning
Beds
5
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,552
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,552
Year built
1900
Style
Multi-Family (2-4 Unit)
County
New Haven County
APN
1244471
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2023.
RM2
High-Middle Density District
These districts exist for the protection of areas that have been and are being developed predominantly for high-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 22 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-2 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 to 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. All RM-2 Districts are subject to the general provisions for residence districts set forth in Article IV as well as to all other provisions of this ordinance.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Office-Other
Fire house
Police station
Post office
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 99° expected this year, 16 days in 30 years
6/10 Wind Factor
56% 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 • 06513
Average low and high temperatures (°F)
35°
23°
37°
23°
51°
34°
61°
43°
69°
52°
81°
62°
85°
68°
81°
62°
76°
59°
64°
48°
54°
38°
40°
27°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in New Haven. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 74 Woolsey St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $359,000 and $625,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $359K to $625K.