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522 Elm Street

New Haven, CT 06511
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Bed 8

Bed

Bath 9

Bath

SqFt5,222

Sqft

Acres0.10

Acre(Lot)

Renovated 9-Unit Multifamily | 7 of 9 Occupied | ~7.0% Stabilized Cap | ~9.0% Pro Forma Cap | Near Yale New Haven Hospital 522 Elm Street offers an opportunity to acquire a newly renovated 9-unit multifamily property on a corner lot near Yale New Haven Hospital and downtown New Haven. Featuring 2 studios, 6 one-bedroom units, and 1 two-bedroom unit, the property is currently 7 of 9 occupied with immediate lease-up potential. Extensively renovated units feature hardwood flooring, bright layouts, updated kitchens with quartz countertops, modern cabinetry, and stainless steel appliances. Electric heat, natural gas hot water, and gas cooking. Tenants pay individual gas and electric; landlord pays water/sewer and common electric. Additional income potential through installation of coin-opera ted laundry in the basement. Conveniently located near Yale New Haven Hospital, Yale University, downtown, and the major Adams Neurosciences Center expansion at the Saint Raphael Campus. Strong rental income with significant upside! Approximately 7.0% stabilized cap based on projected lease-up and a potential 9.0% pro forma cap upon achieving projected market rents. Buyer to verify all income, expenses, and projections.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,419,000

AD Id : 91300668

MLS Id : 24207540

Beds : 8

Lot Size : 0.10 Acre

Living Area Size : 5,222 Sq. Ft

Tax Amount : $22,611

Year Built : 1900

County : New Haven

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 9 Full Baths: 9

    Room Information

    Rooms Total: 35 Has Basement: Yes Basement: Full, Unfinished
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1900 Building Area Total: 5222 Construction Materials: Stucco, Brick, Frame Private Pool: No

  • Lot Information

    Lot Size Acres: 0.1 Lot Description: Corner Lot, Level

  • Listing Price Information

    Listing Price: $1419000

  • Tax Information

    Parcel Number: 1255370 Annual Tax: $22611

  • Parking Information

    Parking Total: 4 Off Street, Paved

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: Per Board of Ed
  • Location Information

    Direction: Per GPS WaterSource: Public
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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 10/04/2026 @ 18:32

MLS: 24207540 LISTED BY: Jeffrey Puciato, Puciato Altieri Realty Group SOURCE: SmartMLS

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