78 Pierpont StreetNew Haven, CT 06513Price: $299,999

Perfect investor/contractor opportunity! This two-family property offers tremendous value-add potential for the right investor ready to bring it back to life. Each unit features 3 spacious bedrooms and 1 bathroom, along with a spacious attic and a basement that previously offered 2 additional bedrooms. Prior to the fire damage, the first-floor unit featured impressive 9-foot ceilings that created an open and spacious feel throughout the home. The property sustained fire damage and requires a full rehabilitation, making it an ideal project for experienced investors, contractors, or rehab specialists looking to restore and reimagine a property with strong potential. A rare opportunity to transform this multi-family property and bring it back to its original beauty. Potential value-add opportunity with flexible layout possibilities. Previous ownership proposed converting the property into a 3-family with a potential 5-bedroom first-floor unit (including basement), plus 3-bedroom second and third-floor units. Another option may allow for a large 2-family with a potential 6-bedroom upper unit and 5-bedroom lower unit. Buyers to conduct their own research regarding zoning and possible uses. Some photos included were taken prior to the fire damage and are provided for reference only.