Rarely does an opportunity arise to purchase a multi-family property in North Branford, but here's your chance to acquire this unique 5-unit investment property! Boasting 17 rooms and situated on over half an acre in a serene and peaceful residential neighborhood, this property offers an ideal blend of tranquility and convenience. Each unit is equipped with its own laundry, and tenants will enjoy a huge backyard and ample parking spaces. Both the exterior and interior have been thoughtfully updated. This rare gem is conveniently located right off Route 80 and Route 22, providing easy access to shopping, schools, and restaurants. Additionally, it's just a 20-minute drive to downtown New Haven, making it perfect tenants who seek a quiet home life with the benefit of city amenities within reach. Don't miss out on this exceptional investment opportunity in North Branford!
You will not find another property like this in North Branford! Truly a rare and great opportunity for investors to own this property that consists of two separate buildings on the same 3.5 acre parcel. The first building is a fully occupied 4 unit multi family plus a ground-keeper's suite with a two car oversized garage. The second building is an oversized 3 bedroom cape cod style home with a 2 bedroom unit upstairs. The property features two sun-rooms, large open rooms for entertaining and many custom copper details inside and out of the home that were designed by the owner. The walk out basement of the home is currently being finished that walks out to a pavilion, a gorgeous shade tree and raspberry bushes that line the property that backs up to town property with many hiking trails that lead to a park. In the back you will find 3 barns for storage or workshops. You will not want to miss this unique property! Please note this is considered commercial because it is more than 4 units and any lender will require commercial financing.
North Branford is located in Connecticut. North Branford, Connecticut has a population of 14,275. North Branford is less family-centric than the surrounding county with 25.79% of the households containing married families with children. The county average for households married with children is 26.78%.
The median household income in North Branford, Connecticut is $83,637. The median household income for the surrounding county is $64,872 compared to the national median of $57,652. The median age of people living in North Branford is 48 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 20.9 degrees. The average rainfall is approximately 48.6 inches per year, with 31 inches of snow per year.
