Property Description
National Multifamily is pleased to present 1346 State Street, a 4-unit mixed-use property located in New Haven CT. Over the past two years, the apartments at the property were fully renovated. Two of the four units are now leased with ownership in discussion with tenants for the remaining two units.
The building is comprised of 4 units (2-two bedrooms, 1-three bedroom, and 1 retail) totaling 3,817 rentable square feet in one-three story building and estimated to have been built in 1900 via city records. The property sits on a 0.07 acre site and has a backyard that is currently not being used. There is no off-street parking at the building. The roof is pitched asphalt shingle. The 1st and 2nd floor heating are covered by a central gas boiler located in the basement while the third floor has its own individual heating unit. There are four hot water heaters located in the basement.
The property was heavily renovated over the past two years. Work completed includes full renovations to all three apartments, replacement of plumbing pipes in the basement, electric work completed in the basement, and the installation of a new water meter.
