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.
| Website: | https://www.nestseekers.com/4589478 |
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| Address: | 83 James New Haven, CT 06513 |
| Ownership: | Multi-Family |
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| 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 -
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Marie Matta-Isona of iVision Real Estate | |