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$975,000
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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.
Full Property Details
Full Property Details for 83 James St
General
- Price: $975,000
- Taxes: (July 2025-June 2026)
- Status: Active
- Type: Commercial
- Source: SMARTMLS
- MLS ID: 24164673
- Updated: 4/4/2026
- Added to Site: 15 day(s) ago
Interior
- Flooring: Ceramic Tile, Parquet, Plywood, Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Parking
- Uncovered Spaces: 10
- Total Spaces: 10
- Parking: Paved, Parking Lot
Location
- County: New Haven
- Neighborhood: Fair Haven
- Driving Directions: GPS Friendly
Community
- Community Name: Fair Haven
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas on Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
- Utility Description: Electric, Gas, Telephone, Cable
Structural Information
- Roof: Asphalt Shingle
- Square Feet: 5,600
- Sq. Ft. Source: Public Records
- Current Bldg. Use: 5-Unit Residential Income Property
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: 2 Bedrooms
- Square Feet: 850
- Total Bathrooms: 1
Unit 2
- Unit Description: 3 Bedrooms
- Square Feet: 950
- Total Bathrooms: 1
Unit 3
- Unit Description: 3 Bedrooms
- Square Feet: 950
- Total Bathrooms: 1
Unit 4
- Unit Description: 2 Bedrooms
- Square Feet: 1100
- Total Bathrooms: 2
Unit 5
- Unit Description: 4+Bedrooms
- Square Feet: 2050
- Total Bathrooms: 2
Lot Features
- Lot Size (Acres): 0.13
- Frontage: Municipal Street, Paved Road
- Present Use: 5-Unit Residential Income Property
- Potential Use: Residential Income Producing
- Zoning: RM2
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Annual Sewer Fee: $2,114
- Assessment Amount: $339,010
- Sewer Assmt: Public - Usage inclu
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Documents Avail.: Brochure, Lead Disclosure
- Property ID: 1244333
Listed by iVision Real Estate, Marie Matta-Isona
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Schools
Schools serving 83 James St
School District:New Haven School District
| Name | Grades | Distance |
|---|---|---|
John S. Martinez School 100 James Street, New Haven, CT 06513 | K-6 | 0.1 mi |
Wilbur Cross High School 181 Mitchell Drive, New Haven, CT 06511 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 83 James St
Date
Details
Price
Change
Source
4/04/2026
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 83 James St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,357
2%
$339,010
—
2023
$13,052
3%
$339,010
—
2023
$12,611
-6%
$339,010
—
2022
$13,476
58%
$339,010
75%
2021
$8,521
—
$194,180
—
2020
$8,521
2%
$194,180
—
2019
$8,346
—
$194,180
—
2018
$8,346
11%
$194,180
—
2017
$7,511
24%
$194,180
33%
2016
$6,064
—
$145,950
—
2015
$6,064
—
$145,950
—
2014
$6,064
2%
$145,950
—
2011
$5,955
—
$145,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 83 James St
83 James Street, New Haven, CT 06513 (MLS# 24164673) is a Commercial property. 83 James Street is currently listed for $975,000 and was received on April 04, 2026. Want to learn more about 83 James Street? Do you have questions about finding other Commercial real estate for sale in New Haven? You can browse all New Haven real estate or contact a Coldwell Banker agent to request more information.

