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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