83 James Street, New Haven, CT 06513
83 James Street, New Haven, CT 06513
83 James Street, New Haven, CT 06513
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Sara Gifford

Sara Gifford

+1(860) 417-7446
$975,000
Est. payment /mo
15 Beds
7 Baths
5,600 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,600 sqft

Price per Sqft $174

MLS Listing ID 24103991

Style Units on different Floors

Bedrooms 15

Full Baths 7

Year Built 1900

Annual Tax Amount $13,548

Lot Size 5,662 Sqft

Property Sub-Type 5 Family+

Property 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.

Location

State CT

County New Haven

Zoning RM2

Rooms

Basement Partial, Partial With Walk-Out

Interior

Heating Gas on Gas

Cooling None

Exterior

Parking Features Paved, Parking Lot, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Corner Lot, Level Lot

Foundation Concrete, Masonry

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Others

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Listed by Marie Matta-Isona • iVision Real Estate

 

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Sara Gifford

Sara Gifford

Agent

+1(860) 417-7446

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83 James Street