Investor Alert: Duplex with Suite & Walk-Out Basement – 3,130 Sq Ft with Multi-Use Potential. Rare opportunity to own a versatile 2-family property with expansion potential on a quiet dead-end street. This well-maintained duplex, with many updates including a new roof in 2018, offers 6 bedrooms and 3 full bathrooms across two units, plus a walk-out basement and flexible layout that supports a range of income-producing options.The first-floor unit features 3 bedrooms, 2 full baths, a living room, dining room, and a private suite/in-law setup with a large living area, kitchenette, and its own entrance-ideal for multi-generational living or same-family use. There is potential for this space to be converted into a separate rental unit, pending town approval. The second-floor unit includes 3 bedrooms, 1 full bath, a spacious kitchen, dining room, large living room, and a private deck. The walk-out basement has its own entrance, a utility sink, and an existing toilet, offering future potential for added living space or a third unit with proper approvals. A shared oversized deck and large backyard add to the appeal. Located in New Haven’s Annex neighborhood, this flexible property suits investors, owner-occupants, or multi-generational living. Across from Peat Meadow Park and close to beaches, the sea wall, and downtown, with easy access to public transportation, Tweed Airport, Metro North, and I-95-an ideal blend of lifestyle and long-term value.
Listing courtesy of Deborah Eldredge at Lamacchia RealtyProperty Details
Price:
$455,000
MLS #:
24098788
Status:
Under Contract – Continue to Show
Beds:
6
Baths:
3
Address:
42 Milton
Type:
Multi Family
Subtype:
2 Family
Neighborhood:
na
City:
New Haven
Listed Date:
May 27, 2025
State:
CT
Finished Sq Ft:
3,130
ZIP:
06513
Lot Size:
15,681 sqft / 0.36 acres (approx)
Year Built:
1963
See this Listing
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Schools
Elementary School:
Ross/Woodward
High School:
Per Board of Ed
Interior
Exterior
Financial
Map
Community
- Address42 Milton New Haven CT
- AreaN/A
- CityNew Haven
- CountyNew Haven
- Zip Code06513
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42 Milton
New Haven, CT
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