83 James Street

New Haven, Connecticut 06513

Status
For Sale
Square Feet
5,600
Beds
15
Price
$975,000
Type
Multi-Family For Sale
Garages
Baths
7
MLS
24103991

Price

$975,000

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Interior Details

Interior Size
5,600 Sq Ft
Bedrooms
15
Bathrooms
7
Rooms Total
Garage

Exterior Details

Lot Size
0.13 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$13,052
Assessed Value
$339,010
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

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.
Listed by iVision Real Estate, Marie Matta-Isona. Data sourced from SmartMLS


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