15 Colby Court, New Haven, CT 06515 (MLS # 24176677)


Price $1,750,000
Status Active
Beds 16
Baths 14 Baths
Home size 10,000 sqft
Lot Size 8,277 sqft
Days on Market 37
This newly constructed four-unit townhome asset presents a rare opportunity to acquire a core-plus multifamily property in the New Haven market. Built by a reputable local developer, the property is offered as a single investment asset, ideal for investors seeking stable long-term cash flow with future upside. Each of the four townhome-style units is approximately 2,500 square feet and configured with 4 bedrooms and 3.5 bathrooms. Features include hardwood flooring, tiled bathrooms, central air, stainless steel appliances, in-unit laundry, private decks, and one-car garages. Each unit is separately metered for utilities, supporting efficient management and expense control. Guest parking is also included for added convenience. The property will convey as a single asset with no existing condominium association in place. A future condo conversion may offer additional exit flexibility and potential value enhancement. Located within 7-11 minutes of Yale University, Southern Connecticut State University, and the University of New Haven, the property benefits from consistent rental demand driven by nearby universities, faculty, and medical professionals. Projected market rents are $4,500 per unit per month, supporting an estimated gross annual income of approximately $216,000 based on current assumptions.
Property Type(s): Multi Family
Last Updated 5/19/2026 Year Built 2026
Garage Spaces 4.0 County New Haven

SCHOOLS

Elementary School Per Board of Ed
High School Per Board of Ed

Additional Details

AIR Heat Pump
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
BASEMENT None
CONSTRUCTION Frame, Vinyl Siding
GARAGE Yes
HEAT Electric, Heat Pump
LOT 8276 sq ft
LOT DESCRIPTION Cul-De-Sac
PARKING Asphalt, Paved, Off Street, Private, Driveway
SEWER Public Sewer
STYLE Units are Side-by-Side
TAXES 2049
WATER Public
ZONING RM1

Location

 

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