191 Richards St, West Haven, CT 06516

$520,000
4
BD
2
BA
2,233
SqFt

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Sold Price
$520,000
List Price
$449,000
Status
CLOSED
MLS#
24177304
Closing Date
Jul 15, 2026
Year Built
1900
Bedrooms
4
Bathrooms
2
Acres
0.14
Living Area
2,233
Neighborhood
N/A

Property Description

Turnkey investment opportunity in the heart of West Haven! This well-maintained two-family property offers the perfect blend of strong cash flow and long-term upside. Featuring 4 bedrooms, 2 bathrooms, and 2,233 sqft, this multi-family includes a finished attic, providing additional flexible space ideal for extended living, storage, or potential value-add opportunities. Currently generating $5,000 per month in rental income, this property is perfect for both seasoned investors and owner-occupants looking to offset their mortgage with rental income. Each unit offers functional layouts with comfortable living spaces, making it highly attractive to tenants. Strategically located just minutes from University of New Haven and a short drive to Yale University, this property benefits from strong rental demand driven by students, faculty, and local professionals. Convenient access to major highways, shopping, dining, and the shoreline further enhances its appeal. Whether you're looking to expand your portfolio or secure your first income-producing property, this is an opportunity you don't want to miss.

Additional Information

Taxes
$9,388
Lot Size
6,098
Heating
Hot Water
Cooling System Type
Wall Units
Water Source
Public
Basement
Partial, Full
Garage Spaces
2
Elementary School
Per Board of Ed
High School
Per Board of Ed

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Marcos Flores from Ideal Real Estate, Inc.. (203) 583-0419

Selling Office: Maple Vale Realty LLC.

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