40 Stevens Street

Nestled in the tranquil West River neighborhood, this fully occupied two-family home presents an exceptional investment or owner-occupant opportunity. Priced aggressively with minor TLC in mind, this property offers an incredible chance to build instant equity. The home already features great bones, including replacement windows and solid, well-maintained mechanical systems throughout. The first-floor unit offers a spacious 3-bedroom layout and is currently on a month-to-month lease, making it incredibly easy for an owner-occupant to move right in, or for an investor looking for immediate flexibility. The second unit uniquely combines the second and third floors into a massive, highly desirable leased apartment, featuring bedrooms on the second floor plus an additional two finished rooms in the attic currently being used as bedrooms. Both units feature reliable, long-term tenants who would love to stay. The property currently generates steady, reliable income with good rents. Unbeatable Location: Just three blocks from Yale New Haven Hospital (YNHH), Route 10, and Route 34. Enjoy quick access to downtown New Haven, public transit, and local parks, with beautiful West River Park just a short walk away. This home is priced to sell quickly with its current condition in mind. Opportunities like this do not last. Bring your offers ASAP!