Active

38 Bishop Street

New Haven, CT 06512

$2,595,000 $10,940/Mo

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Overview

Bed

Bath

9,072

Sqft

0.18

Acre(Lot)

Description

The East Rock Investment property of your dreams! The building features over 9000 SQ FT of living space spread across 6 large three bedroom, 1 bath apartments. The building is currently bringing in over $277,000 of income with a net income of $211,011 with an 8.14 cap rate. The building has a ton of value with added potential with renovations to kitchens and baths. Low maintenance building with no driveway or off street parking and nice rear lot. The building has separate metered gas heating and electric, but hot water is included. Huge basement with washer and dryer for tenant use. Don't miss this great opportunity.

Property Details

Property Type : Residential Income

Price : $2,595,000

AD Id : 87536500

MLS Id : 24187163

Beds : 18

Lot Size : 0.18 Acre

Living Area Size : 9,072

Year Built : 1900

County : New Haven

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 18

Bathroom Information

Total Baths: 6 Full Baths: 6

Room Information

Rooms Total: 36 Has Basement: Yes Basement: Full, Unfinished
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Hot Water Cooling: None

Building Information

Year Built: 1900 Building Area Total: 9072 Construction Materials: Vinyl Siding, Frame Private Pool: No

Lot Information

Lot Size Acres: 0.18 Lot Description: Level

Listing Price Information

Listing Price: $2595000

Tax Information

Parcel Number: 1246470 Annual Tax: $20111

School Information

Elementary School: Per Board of Ed

Junior High School:

Senior High School: Per Board of Ed
Location Information

Direction: Orange Street or State Street to Bishop Street WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
338 Lighthouse Road, New Haven, CT, 06512	$499,900	4	2	2,634	2,634 SqFt
86-88 Cove Street, New Haven, CT, 06512	$1,950,000	6	8	1,512	1,512 SqFt
727 Woodward Avenue, New Haven, CT, 06512	$485,000	4	2	2,371	2,371 SqFt
225 Fulton Terrace, New Haven, CT, 06512	$399,900	4	2	2,080	2,080 SqFt

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 07/04/2026 @ 13:26

MLS: 24187163 LISTED BY: John Hill, Seabury Hill REALTORS SOURCE: SmartMLS