$1,419,000

Monthly Est:$7,063

  • Beds Icon8 Beds
  • Beds Icon
    9 Baths
  • Beds Icon5,222sqft

522 Elm St, New Haven, CT 06511

$7,063/moEst:

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  • Multi Family

  • Built in 1900

  • $-- HOA

  • 4,356 sqft lot

  • $272/sq.ft

Description

Renovated 9-Unit Multifamily | 8 of 9 Occupied | ~7.63% 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 8 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-operated 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 7.63% 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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  • Houzeo last checked: 6 hours ago
  • Listing updated: October 5, 2026 at 4:19 pm
  • Listing Provided by: Jeffrey Puciato | Puciato Altieri Realty Group
  • Source: SMART MLS-CT | MLS#: 24207540 SMART MLS-CT

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    New Haven County

  • City

    New Haven

  • Neighborhood

    Dwight

  • Year Built

    1900

  • HOA Fees

    -

  • Finished Area

    5,222 sqft

  • Lot Size

    4,356 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    SMART MLS

  • MLS Number

    24207540

  • MLS Status

    Active

  • Days on Market

    21

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Location

HOA Management

0

HOA Fees

$-/

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 9

Interior

  • Sewer

    Public Sewer Connected

  • Cooling

    Window Unit

  • Heating

    Electric, Baseboard

Construction

  • Year Built

    Year Built: 1900

  • Home type

    Multi Family

  • Roof

    Other

  • Foundation Details

    Concrete

  • Architectural Style

    3updown Unit(s) Per Floor

Utilities & Energy

  • Basement

    Full, Unfinished

  • Water Source

    Public Water Connected

  • Parking Features

    Paved, Off Street Parking

Other Features

  • Lot Features

    Corner Lot, Level Lot

  • Subdivision Name

    N/a

Price History

DateEventPrice

09/16/2026

Listed for Sale

$1,419,000 -4.44%

$272/sqft

Source: mls_logoSMART MLS-CT #24207540

07/23/2026

Listing Removed

$1,485,000

$284/sqft

Source: mls_logoSMART MLS-CT #24163123

06/22/2026

Price Decreased

$1,485,000 -7.13%

$284/sqft

Source: mls_logoSMART MLS-CT #24163123

05/27/2026

Price Decreased

$1,599,000 -3.03%

$306/sqft

Source: mls_logoSMART MLS-CT #24163123

05/01/2026

Price Decreased

$1,649,000 -1.79%

$316/sqft

Source: mls_logoSMART MLS-CT #24163123

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Based on information provided to and compiled by the SMART MLS, Inc. through Oct 08, 2026, 11:00AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 SMART MLS, Inc. All Rights Reserved.

Advertising Broker: Derek Greene | The Greene Realty Group