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$ 975,000
Est. payment /mo
Active
83 James Street New Haven, CT 06513
7 Baths
5,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $174
MLS Listing ID 24164673
Full Baths 7
Year Built 1900
Annual Tax Amount $13,548
Lot Size 5,662 Sqft
Property Description
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.
Location
State CT
County New Haven
Zoning RM2
Interior
Heating Gas on Gas
Cooling None
Flooring Ceramic Tile, Parquet, Plywood, Wood
Exterior
Parking Features Paved, Parking Lot
Utilities Available Electric, Gas, Telephone, Cable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Level Lot
Sewer Public Sewer Connected
Water Public Water Connected
Others
Virtual Tour https://alpha-photography.aryeo.com/sites/83-james-st-new-haven-ct-06513-16903698/branded
Listed by Marie Matta-Isona • iVision Real Estate
NEARBY SCHOOL & BUSINESS