Royal Oak Realty Group

Brokered by: iVision Real Estate

83 James Street New Haven Connecticut 06513

83 James St, New Haven, CT 06513, USA
15 beds
7 baths
5600 sq ft
0.13 sq ft
$975,000

Property Details

  • Type:
  • Status:
  • List Date: 2025-06-16
  • Year built: 1900
  • Bedrooms: 15
  • Bathrooms: 7
  • Area, sq ft: 5600 sq ft
  • County: New Haven
  • Lot size, sq ft: 0.13 sq ft
  • Pool: 0
  • Tax Amount: $13,548
  • Days on Market: 416

Description

  • 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 $125,400 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.

Open House

  • 03/23/2601:00 PM to 02:30 PM
  • 06/21/2512:30 PM to 02:30 PM

Structure

  • Style: Units on different Floors
  • Roof: Asphalt Shingle
  • Garage: Paved,Parking Lot,Off Street Parking
  • Basement: Partial,Partial With Walk-Out

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Heating: Gas on Gas

Location

Source

  • Listed by: Marie Matta-Isona
  • Brokered by: iVision Real Estate
  • SMARTMLS property ID:: 24103991

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