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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.
Features
Heating System:
Gas On Gas
Cooling System:
No
Basement:
Partial, Partial With Walk-out
Foundation Type:
Concrete, Masonry
Exterior Siding:
Vinyl Siding, Wood, Aluminum
Fireplaces Total:
0
Parking Total Spaces:
10
Hot Water Description:
Natural Gas, 40 Gallon Tank
Lot Description:
Level Lot, Corner Lot
Water Source:
Public Water Connected
Address Map
Street:
James
Street Number:
83
Floor Number:
0
Longitude:
W73° 5′ 51.1”
Latitude:
N41° 18′ 17.4”
MLS Addon
Office Name:
iVision Real Estate
Agent Name:
Marie Matta-Isona
List Agent MLSID:
ISONAMAR
List Office MLSID:
IVIS30
Tax Year:
July 2025-June 2026
Directions:
GPS Friendly
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
HOA Fee Amount:
$0
Parcel Number:
1244333
Property Tax:
$13,052
Zoning:
RM2

Multi-family For Sale

83 James, New Haven, 06513

15 Bedrooms
7 Bathrooms
5,600 Sqft
$975,000
Listing ID #24103991
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24103991
Price :
$975,000
Bedrooms :
15
Baths Total :
7
Bathrooms :
7
Half Bathrooms :
0
Square Footage :
5,600 Sqft
Year Built :
1900
Lot Area :
0.13 Acre
City:
New Haven
Zipcode:
06513
Property Sub Type :
5 Family+
Style :
Units on different Floors
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…