1351 State
New Haven, CT, 06511
$2,350,000
13 Beds
0 Baths
3,965 SqFt
0.12 Acres
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House #1- 1014-1016 Noble Ave Bridgeport. Incredible income-generating opportunity with this 18-room legal rooming house, fully compliant and positioned for maximum return. Projected annual income at full capacity $168,300. One room occupied rent-free by on-site property manager. Ideal for investors seeking steady cash flow and minimal vacancies features 16 private rooms 2 efficiency units and 2 shared bathrooms. Average room size: 14′ x 15′ some bigger. House #2- 1351 State St New Haven: Rare opportunity to acquire a fully legal, income-producing rooming house for over 30 years with strong cash flow and long-term stability. Features 12 rentable rooms + 1 efficiency unit and a separate commercial space with State Street frontage. 2 shared bathrooms, shared kitchen, plus coin-op laundry setup potential. On-site manager’s apartment (1 bed, 1 bath, kitchen, living space) Small room on lower level for an office. Commercial Space features separate entrance with 1 bath, ideal for restaurant, office, or retail. Gross income potential: approx. $168,000/year. Key Investor Features: Turnkey operation with decades-long rental history, well-maintained: 7 yr old roof, newer siding, and windows, dry full basement with potential for storage or laundry income, average room size 12×10 or bigger. These are 2 stable, cash-flowing assets in a prime Bridgeport & New Haven location. Ideal for seasoned or new investors seeking a high-cap rate property with upside in commercial revenue.
Listing courtesy of Latasha Eaddy at Eaddy Associates

Property Details

Price:
$2,350,000
MLS #:
24121846
Status:
Active
Beds:
13
Baths:
0
Address:
1351 State
Type:
Multi Family
Subtype:
5 Family+
Neighborhood:
eastrock
City:
New Haven
Listed Date:
Aug 25, 2025
State:
CT
Finished Sq Ft:
3,965
ZIP:
06511
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1900
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Tom Vanacore is a real estate professional who takes his business extremely seriously. His results speak for themselves, as he has a proven action-oriented plan to get your home sold quickly and for the best price possible.

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