McNeil Realty LLC
Yvette McNeil, McNeil Realty LLCPhone: (203) 868-2225
Email: [email protected]
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listing
1 of 19
CommercialFor Sale
$2,100,000
48 Dixwell Avenue
New Haven, CT 06511
Courtesy of Coldwell Banker Realty
MLS: Smart MLS
0Beds
2Baths
Est. Mortgage
$10,940/mo

Portfolio sale offering a rare investment opportunity at Yale University! Two abutting properties at 48 and 54 Dixwell Avenue, located within a 2-minute walk to Yale's Payne Whitney Gym, a 3-minute walk to Yale's Broadway Shopping District and the Apple Store, and a 4-minute walk to the upcoming Dixwell Plaza - New Haven's newest shopping and entertainment district (see picture). When fully developed consolidated site capable of generating $1 million+ in annual gross income. Opportunity is Ideal for investors seeking high returns, long-term capital appreciation, and an opportunity to engage in ground-up development in one of New Haven's most strategically positioned areas. Serious buyers are required to provide proof of funds (POF) before scheduling property viewings. A fully reconstructed four-story, two-family complex, with a ground-up renovation completed in 2021. Each unit features four bedrooms and two full bathrooms. High-end finishes include walk-in tiled showers, wall-hung toilets, and stainless steel appliances. Top-of-the-line LG Red mini split heating and cooling systems. Two levels white-box finished, offering easy-to-convert space to commercial or additional residential units. 48 Dixwell Phase 1 complete. Currently fully occupied by Yale athletes, generating a gross monthly income of $11,000 and annual net income of $100,000+.

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Information courtesy of Coldwell Banker Realty is subject to verification and is not guaranteed. Listing Data Last Updated 01/30/2025 01:25 PM
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