83 James Street

New Haven, CT 06513 Directions
$975,000
  • 15Bed
  • 7Baths
  • 5,600Sqft
  • 0.13Acres
  • 1900Built
  • $174Price/Sqft

Property Highlights

  • Style: Units on different Floors
  • Neighborhood: Fair Haven
  • Days on Market: 370
  • MLS: 24103991

Property Highlights

  • Style: Units on different Floors
  • Neighborhood: Fair Haven
  • Days on Market: 370
  • MLS: 24103991

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...

Property Highlights

  • Style: Units on different Floors
  • Neighborhood: Fair Haven
  • Days on Market: 370
  • MLS: 24103991

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.

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.

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  • Additional Information
    • Acres: 0.13
    • Attic Description: Crawl Space, Walk-up
    • Basement Description: Partial, Partial With Walk-Out
    • Garage: Paved, Parking Lot, Off Street Parking
    • Gross Expenses: 30335
    • Gross Income: 121800
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Living Area SqFt: 5,600
    • Neighborhood: Fair Haven
    • Property Tax: $13,052
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors
    • Tax Amount: $13,052
    • Unit Count: 5
    • Year Built: 1900
    • Year Built Details: Public Records
    • Zoning: RM2
  • Amenities
    • Medical Facilities
    • Park
    • Playground/Tot Lot
    • Public Transportation
  • Interior Features
    • Attic: Yes
    • Beds: 15
    • Full Baths: 7
    • Heat: Gas on Gas
    • Hot Water: Natural Gas, 40 Gallon Tank
    • Rooms: 28
    • Total Baths: 7
  • Exterior Features
    • Exterior Siding: Vinyl Siding, Aluminum, Wood
    • Roof: Asphalt Shingle

Listing Courtesy of Marie Matta-Isona of iVision Real Estate.

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