42 Milton Street, New Haven CT 06513

Investor Alert: Duplex with Suite & Walk-Out Basement - 3,130 Sq Ft with Multi-Use Potential. Rare opportunity to own a versatile 2-family property with expansion potential on a quiet dead-end street. This well-maintained duplex, with many updates including a new roof in 2018, offers 6 bedrooms and 3 full bathrooms across two units, plus a walk-out basement and flexible layout that supports a range of income-producing options.The first-floor unit features 3 bedrooms, 2 full baths, a living room, dining room, and a private suite/in-law setup with a large living area, kitchenette, and its own entrance-ideal for multi-generational living or same-family use. There is potential for this space to be converted into a separate rental unit, pending town approval. The second-floor unit includes 3 bedrooms, 1 full bath, a spacious kitchen, dining room, large living room, and a private deck. The walk-out basement has its own entrance, a utility sink, and an existing toilet, offering future potential for added living space or a third unit with proper approvals. A shared oversized deck and large backyard add to the appeal. Located in New Havens Annex neighborhood, this flexible property suits investors, owner-occupants, or multi-generational living. Across from Peat Meadow Park and close to beaches, the sea wall, and downtown, with easy access to public transportation, Tweed Airport, Metro North, and I-95-an ideal blend of lifestyle and long-term value.