About 116 Old Foxon Road
A 6-unit multifamily offering strong in-place income plus immediate upside through lease-up. Current rents: Unit 1-$1,300, Unit 2-$1,550, Unit 3-$1,300, Unit 6-$1,375; Units 4 (1BR) and 5 (2BR) are empty. In-place gross: $5,525/mo with pro-forma potential up to ~$8,925/mo (market rent: Unit 4-$1,550 and Unit 5-$1,850). Located in a Class A neighborhood in the desirable Foxon area, close to I-95 & Route 1, shopping, dining, and minutes to downtown New Haven/Yale and East Haven beaches/parks. With lease-up alone, this can be positioned to achieve an 8-cap, making it an ideal value-add play with strong long-term fundamentals.
Features of 116 Old Foxon Road
| MLS® # | 24155329 |
|---|---|
| Price | $899,000 |
| Bedrooms | 7 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 3,364 |
| Acres | 0.34 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors, Units are Side-by-Side |
| Status | Active |
Community Information
| Address | 116 Old Foxon Road |
|---|---|
| Area | N/A |
| City | East Haven |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06513 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Parking Lot, Driveway |
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partial, Partially Finished |
Exterior
| Exterior | Aluminum |
|---|---|
| Lot Description | Level Lot, Sloping Lot |
| Roof | Asphalt Shingle |
| Foundation | Brick, Concrete |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | East Haven |
Additional Information
| Date Listed | February 20th, 2026 |
|---|---|
| Days on Market | 202 |
| Zoning | R-2 |
| RE / Bank Owned | No |
Listing Details
| Office | Roundtree Realty LLC |
|---|