About 38 Bishop Street
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.
Features of 38 Bishop Street
| MLS® # | 24187163 |
|---|---|
| Price | $2,595,000 |
| Bedrooms | 18 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 9,072 |
| Acres | 0.18 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 38 Bishop Street |
|---|---|
| Area | East Rock |
| City | New Haven |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06511 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Level Lot |
| Roof | Flat |
| Foundation | Concrete |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | July 2nd, 2026 |
|---|---|
| Days on Market | 69 |
| Zoning | RM2 |
| RE / Bank Owned | No |
Listing Details
| Office | Seabury Hill REALTORS |
|---|