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 Provided Courtesy of Latasha Eaddy at Eaddy Associates
Property Details
Price:
$2,350,000
MLS #:
24121846
Status:
Active
Beds:
13
Baths:
0
Type:
Multi Family
Subtype:
5 Family+
Neighborhood:
eastrock
Listed Date:
Aug 25, 2025
Finished Sq Ft:
3,965
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1900
See this Listing
Schools
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Interior
Exterior
Financial
Map
Community
- Address1351 State New Haven CT
- NeighborhoodEast Rock
- CityNew Haven
- CountyNew Haven
- Zip Code06511
Subdivisions in New Haven
Market Summary
Current real estate data for Multi Family in New Haven as of Oct 16, 2025
132
Multi Family Listed
111
Avg DOM
216
Avg $ / SqFt
$591,168
Avg List Price
Property Summary
- 1351 State New Haven CT is a Multi Family for sale in New Haven, CT, 06511. It is listed for $2,350,000 To schedule a showing of MLS#24121846 at 1351 State in New Haven, CT, contact your Century 21 AllPoints Realty agent at (203) 802-7252.
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1351 State
New Haven, CT