4-Family PropertyNew Haven, CT (Westville Section)

Two-Bedroom Units – $900/month rent; 900 sq. ft. each

50% Occupancy

Annual Revenue: $43,200

Annual Expenses: $9,400 (includes taxes, insurance, electric, and water & sewer)

Annual Net Income: $33,800

Tenants pay separate electric and gas heat

75% of units renovated in 2007

Located in desirable Westville section of New Haven – close to public transportation, highways, and shopping

New Haven has a strong rental market –major employers include Yale University, Yale New Haven Hospital, Hospital of St. Raphael, and The United Illuminating Company

ASKING PRICE $389K

HOME WARRANTY INCLUDED