83 James Street, New Haven, CT 06513
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
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 $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.
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Home facts
- Year built:1900
- Listing ID #:24103991
- Added:433 day(s) ago
- Updated:August 23, 2026 at 11:49 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:$13,548 (July 2026-June 2027)
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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