NOMADEReal Estate

$2,595,000

Active

38 Bishop Street

New Haven, Connecticut, 06512 · New Haven County

18

Beds

6

Baths

9,072

Sq Ft

1900

Built

MLS # 24187163

Price / Sq Ft

$286

Property Type

Multi-Family For Sale

Lot Size

0.18

Class

Property

About This Property

The East Rock Investment property of your dreams! The building features over 9000 SQ FT of living space spread across 6 large three bedroom, 1 bath apartments. The building is currently bringing in over $277,000 of income with a net income of $211,011 with an 8.14 cap rate. The building has a ton of value with added potential with renovations to kitchens and baths. Low maintenance building with no driveway or off street parking and nice rear lot. The building has separate metered gas heating and electric, but hot water is included. Huge basement with washer and dryer for tenant use. Don't miss this great opportunity.

Property Details

38 Bishop Street, New Haven Connecticut 06512 — Multi-Family For Sale listed at $2,595,000.

At a Glance

18

Bedrooms

6

Bathrooms

9,072

Sq Ft

0.18

Lot Size

--

Garage

1900

Year Built

The Details

Property TypeMulti-Family For Sale
NeighborhoodNew Haven
Address38 Bishop Street
MLS Number24187163
Year Built1900
Square Footage9,072
Lot Size0.18
Bedrooms18
Bathrooms6
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value510440
Mil Rate Total39.4
Property Tax20111
Tax YearJuly 2025-June 2026

Property Features

Attic DescriptionFinished,Walk-up
Attic YN1
Basement DescriptionFull,Unfinished
Cooling SystemNone
Exterior SidingVinyl Siding
Foundation TypeConcrete
Heat Fuel TypeNatural Gas
Heat TypeHot Water
Hot Water DescriptionOther
Roof InformationFlat

Location & Community

DirectionsOrange Street or State Street to Bishop Street
Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed
NeighborhoodEast Rock

All Photos (25)

MARKET CONTEXTNew Haven
Town Median+780% vs list
$295,000
New Haven, CT
Mill Rate
39.75
New Haven County
NYC Commute
110 min
Metro-North express
Schools
C+
3 graded
LOADING COMP CLOUD…

This listing is +780% vs the New Haven median. Verify against same-school-district comps before competing offers.

Contact John Hill

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Affordability Calculator

$2,595,000

Down Payment$519,000
Loan Amount$2,076,000
Principal & Interest$13,122/mo
Property Tax$2,595/mo
Insurance$100/mo
Est. Monthly$15,817/mo

Listing Agent

J

John Hill

Seabury Hill REALTORS

Quick Facts

StatusActive
TypeMulti-Family For Sale
ClassProperty
MLS #24187163
Last Updated2026-07-02