83 James Street New Haven Connecticut 06513
83 James St, New Haven, CT 06513, USAProperty Details
- Type: Multi-Family For Sale
- Status: Active
- 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