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.


Property

Website:https://www.nestseekers.com/4589478
Address:
83 James
New Haven, CT 06513
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 15 BR
Bathrooms: 7
Area: 5600 sq ft

Financials

Price:$975,000
Annual Taxes:$13,052

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.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Marie Matta-Isona of iVision Real Estate