20 Farren Avenue
New Haven, CT 06513

Investment opportunity knocking at your door! This mixed-use property offers two side-by-side apartments, 2 and 3 bedrooms each, plus a first-floor level commercial/retail space which can be used as a deli, market, restaurant, or other types of storefront business. Both apartments are fully rented and generating $21,000 in gross rental income annually, giving you instant cash flow. Tenant leases end in April 2021. Tenants have been paying on time and are open to staying should the buyer prefer to keep them. The commercial/retail space offers more than 1,800 SQF to bring your business ideas to life. It's ready to make it your own. This property offers very generous off-street parking, both in front and in the back for tenants and customers. Close to New York City, this New Haven property is close to all the downtown amenities like restaurants, shopping, Yale University, and Yale-New Haven Hospital. Schedule your appointment today to take a look at all that this property has to offer.