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MLS 24103991 For Sale Open House Updated April 8, 2026
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83 James Street

New Haven, Connecticut 06513

$975,000
On market 295 days
83 James Street
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About This Property

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.

Property Details

Interior

Heat
Gas on Gas
Cooling
None
Basement
Partial,Partial With Walk-Out

Exterior & Lot

Roof
Asphalt Shingle
Construction
Construction
Lot Description
Corner Lot Level Lot
Garage & Parking
Paved Parking Lot Off Street Parking

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
Per Board of Ed
Middle
NULL
High
Per Board of Ed
Neighborhood
Fair Haven
Nearby Amenities
Library Medical Facilities Park Playground/Tot Lot Public Transportation

83 James Street

New Haven , Connecticut 06513

$975,000

On market 295 days

Beds
15
Baths
7
SqFt
5,600
Type
Multi-Family
County New Haven
Garage -
Rooms -
Lot Size 0.13 Acres
Property Tax $13,052
Assessed Value $339,010
Year Built 1900
Style Units on different Floors
Zoning RM2
Parking Spaces 10

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
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Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: IVIS30.

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