Located in the heart of New Haven, 35 West Street, New Haven, CT 06519 presents a compelling opportunity for both seasoned investors and buyers looking to expand their real estate portfolio. This fully tenant-occupied two-family property offers immediate rental income along with future development potential, making it a rare find in today’s market. ????
The first-floor unit features a comfortable and practical layout with 2 spacious bedrooms and 1.5 bathrooms, providing tenants with both convenience and privacy. The second-floor unit expands the living space with 3 bedrooms and 1 full bathroom, ideal for larger households and delivering strong rental appeal.
What truly sets this property apart is the additional value-add opportunity on the lot. The property previously included a three-car garage, and the space now presents development potential for a 2–4 unit Accessory Dwelling Unit (ADU). With the right vision and approvals, this offers the possibility to significantly increase rental income and overall property value. ??
Property Highlights:
• Fully tenant-occupied two-family investment property
• Unit 1: 2 bedrooms, 1.5 bathrooms
• Unit 2: 3 bedrooms, 1 bathroom
• Consistent rental income from day one
• Development potential for a 2–4 unit ADU where the former 3-car garage stood
• Large lot with expansion opportunity
• Located in a high-demand rental area of New Haven
Whether you’re looking for a cash-flowing investment property, a long-term appreciation play, or a development opportunity to maximize the lot’s potential, 35 West Street delivers a combination of stable income today and growth tomorrow. ??