$975,000

83 James Street, New Haven, CT 06513

  • 15 beds |
  • 7 baths |
  • 5,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $195/sqft
  • Property List Date Icon Listed 9 months ago

Property Description

Following strong investor interest and a review of the property's financial performance, the asset has been repositioned to reflect its stabilized income and long-term value. Fully stabilized and well-maintained 5-unit multifamily delivering immediate cash flow and operational stability. The property is 100% occupied with proven tenant history, consistent collections, and strong in-place income exceeding $121,800 annually. Several units feature recent updates and improvements that support tenant retention and continued rent growth. Efficient operating expenses and a solid NOI create a strong overall performance profile. Located in a high-demand rental market in New Haven, this turnkey investment offers both immediate yield and long-term upside. Ideal for investors seeking a stabilized, income-producing asset with reliable performance and DSCR-compatible metrics.

Listing Status:
Active
Date Added:
June 16, 2025
Data Last Updated:
March 27, 2026 at 8:50PM
Listing Office:
iVision Real Estate : (203) 871-1068
Listing Agent:
Marie Matta-Isona : (203) 314-9195
MLS ID:
24103991
  • Laundry: None
  • Basement: PartialPartial With Walk-Out
  • A/C: None
  • Heating: Gas on Gas
  • Fireplace: Fireplaces: 0
  • Style: Units on different Floors
  • Parking: Parking spaces: 10
  • Roofing: Asphalt Shingle
  • County: New Haven
  • Zoning: RM21244333
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Marie Matta-Isona , iVision Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John S. Martinez School

100 James St, New Haven, CT, 06513

Grades KG-8

0.04 miles away

J

John S. Martinez School

100 James St, New Haven, CT, 06513

Grades KG-8

0.04 miles away

M

Metropolitan Business Academy

115 Water St, New Haven, CT, 06511

Grades 9-12

0.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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