Properties

Property Description

Welcome to 40 Shelton Avenue, a well-maintained 6-unit multi-family property located in the Newhallville neighborhood of New Haven. Each unit offers 2 spacious bedrooms, making this an attractive option for long-term tenants and steady rental demand. Currently, two units are empty, giving a new owner the opportunity to fill them quickly and start off strong in the market with fresh tenants while benefiting from the stability of the existing occupied units. With solid construction, vinyl siding, and a full basement, this property offers both durability and functionality. Situated close to downtown New Haven, Yale University, Southern Connecticut State University, and major highways, this location ensures consistent rental interest from professionals and families alike. This is an excellent investment opportunity for those looking to add strong cash flow and growth potential to their portfolio. *More pictures coming soon*

Features
Heating System:
Hot Water
Cooling System:
No
Basement:
Full, Unfinished
Foundation Type:
Concrete
Heat Fuel Type:
Natural Gas, Oil
Exterior Siding:
Vinyl Siding
Fireplaces Total:
0
Parking Total Spaces:
0
Hot Water Description:
Natural Gas, 50 Gallon Tank
Lot Description:
Level Lot
Water Source:
Public Water Connected
Address Map
Street:
Shelton
Street Number:
40
Floor Number:
0
Longitude:
W73° 3′ 55.8”
Latitude:
N41° 19′ 24.8”
MLS Addon
Office Name:
Javyn Roundtree
Agent Name:
Javyn Roundtree
List Agent MLSID:
842383
List Office MLSID:
14130
Tax Year:
July 2025-June 2026
Directions:
Tenants will let you in
Elementary School:
Per Board of Ed
High School:
James Hillhouse
Intermediate School:
Per Board of Ed
HOA Fee Amount:
$0
Parcel Number:
1253008
Property Tax:
$10,574
Zoning:
RM2

Multi-family For Sale

40 Shelton, New Haven, 06511

12 Bedrooms
6 Bathrooms
5,661 Sqft
$690,000
Listing ID #24127390
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24127390
Price :
$690,000
Bedrooms :
12
Baths Total :
6
Bathrooms :
6
Half Bathrooms :
0
Square Footage :
5,661 Sqft
Year Built :
1910
Lot Area :
0.07 Acre
City:
New Haven
Zipcode:
06511
Property Sub Type :
5 Family+
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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