$975,000

83 James Street, New Haven CT, 06513

Price per sqft$174.11

Built in1900

Property size5,600 sqft

Property typeCommercial

Overview

Active

Listed Apr 4, 2026

Updated 9 days ago

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.

Additional information

MLS^® ID: 24164673

Interior Features

Bedrooms: 0
Bathrooms: 7
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.13 Acres

Other Property Details

Taxes: $13,548
Tax Frequency: Annually

Listed by Marie Matta-Isona with iVision Real Estate (203) 314-9195

The IDX display contains information sourced from SmartMLS, Inc. as of 10/1/2026. This information is for personal, non-commercial use only and may not be used for any purpose other than identifying properties the viewer may be interested in purchasing. MLS data is generally considered reliable but is not guaranteed accurate by the MLS. Buyers are responsible for verifying all information and should conduct their own investigation or consult a professional. Some MLS data may have been provided by sources other than the listing agent. Unless stated in writing, the Broker/Agent has not verified information obtained from outside sources. The Broker/Agent may or may not have been the listing and/or selling agent, and cannot guarantee the accuracy of any property location shown on a map. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/1/2026 at 2:38 AM UTC.