5,600 SF 5 Family+

multifamily

5,600 SF 5 Family+

83 James Street
New Haven, Connecticut 06513

Price

$975,000

Price/SF

$174.11/SF

Building Size

5,600 SF

Lot Size

0.13 acres

Year Built

1900

NOI

$91,465

Units

5

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 $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.

Additional Details

Zoning

RM2

MLS Number

24103991

Property ID

31edff9a-a348-4a62-a459-a01e5b5ab9c2

MLS Information

MLS#: 24103991

Listed by: iVision Real Estate

Agent: Marie Matta-Isona • (203) 314-9195 • corp@ivisionre.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.

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