83 James Street, New Haven, CT 06513

New Haven
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
83 James Street,New Haven, CT 06513
$975,000
Virtual Tour
  • 15 Beds
  • 7 Baths
  • 5,600 sq. ft.
  • Multi-family
  • Active
Listed by: marie matta-isona(203) 314-9195
Office: ivision real estate(203) 871-1068
MLS#:24103991
Source:CT

Price summary

  • Price:$975,000
  • Price per sq. ft.:$174.11

About this home

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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Home facts

  • Year built:1900
  • Listing ID #:24103991
  • Added:385 day(s) ago
  • Updated:July 06, 2026 at 11:34 AM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:7
  • Full bathrooms:7
  • Rooms Total:28
  • Basement Description:Partial, Partial With Walk-Out
  • Living area:5,600 sq. ft.

Heating and cooling

  • Heating:Gas on Gas

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1900
  • Building area:5,600 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Corner Lot, Level Lot
  • Construction Materials:Aluminium, Vinyl Siding, Wood

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$975,000
  • Price per sq. ft.:$174.11
  • Tax amount:$13,052 (July 2025-June 2026)

Features and amenities

  • Amenities:Library, Park, Playground/Tot Lot, Public Transportation

Parking

  • Total parking spaces:10
  • Parking description:Off Street Parking, Parking Lot, Paved
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