$3,600,000
$4,000,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
40-44 Briarwood Lane Branford, CT 06405
33 Beds
18 Baths
18,705 SqFt
Key Details
Sold Price $3,600,000
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Sold
Purchase Type For Sale
Square Footage 18,705 sqft
Price per Sqft $192
MLS Listing ID 24174057
Sold Date 10/30/26
Style Units on different Floors
Bedrooms 33
Full Baths 18
Year Built 1969
Annual Tax Amount $27,578
Lot Size 3.640 Acres
Property Sub-Type 5 Family+
Property Description
Welcome to the Evergreen Court Apartments - an 18-unit brick garden-style community in Branford's thriving shoreline rental market! This well-maintained three-story building features a great unit mix of 15 two-bedrooms and 3 one-bedrooms, with interiors updated throughout the years - bright kitchens, refreshed baths, and modern finishes that command solid Class-B rents! All tenant-paid electric utilities contribute to a lean expense profile and make for a clean, easy-to-operate asset. Find upside ahead through continued unit upgrades, mark-to-market on remaining below-market rents, and the opportunity to add outdoor amenities like a dog park, patio, or resident gathering space. Coin-op laundry, basement tenant storage, and two parking spots per unit round out the appeal! Tenants love the quiet residential setting on over 3 acres, with direct I-95 access, Metro-North Shore Line East rail nearby, and a short drive to New Haven, Yale, and shoreline employment hubs. Plus, it's a mile to the beach and less than two to Branford Green! Branford's historically low vacancy and durable renter base make this a fantastic addition to any portfolio.
Location
State CT
County New Haven
Zoning MF
Rooms
Basement Full, Fully Finished, Full With Walk-Out
Interior
Heating Baseboard
Cooling Wall Unit
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Gable
Building
Foundation Brick
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Branford
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Lisa Cozzi • Century 21 AllPoints Realty


