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Kathy Schmitt

kathy.schmitt@raveis.com +1(203) 349-9422

$945,000

Est. payment - /mo

15 Beds

7 Baths

5,000 SqFt

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Sat Jun 21, 12:30pm - 2:30pm

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Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $189

MLS Listing ID 24103991

Style Units on different Floors

Bedrooms 15

Full Baths 7

Year Built 1900

Annual Tax Amount $13,052

Lot Size 5,662 Sqft

Property Sub-Type 5 Family+

Property Description

Investor's Dream! Welcome to 83 James Street, a rare opportunity to own TWO fully occupied multi-family homes on one lot, perfectly positioned on a high-visibility corner in a desirable location. This well-maintained 5-unit property consists of a solid 2-family and a separate 3-family dwelling, offering a strong income stream and long-term upside potential. Each building has been cared for with pride and features spacious units with solid construction. The property includes a private parking lot with space for up to 8 vehicles, a major *bonus for tenants* and a value-add for future development or rent increases. Whether you're expanding your portfolio or entering the investment market, this property checks all the boxes: consistent rental income, separate utilities, excellent location, and strong tenant demand. Don't miss your chance to own this income-generating asset in a tight rental market. Your next smart investment starts here. Fully rented and well-maintained - no work needed. Unlike others investors run down, this one is solid, clean, and income-producing from day one. Strong cash flow - nothing to fix, just collect rent. Opportunities like this don't last!

Location

State CT

County New Haven

Zoning RM2

Rooms

Basement Full, Unfinished, Fully Finished, Concrete Floor, Full With Walk-Out

Interior

Heating Gas on Gas

Cooling None

Exterior

Parking Features None, Paved, Parking Lot, Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Corner Lot, Level Lot

Foundation Concrete, Masonry

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Others

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Listed by Marie Matta-Isona • iVision Real Estate

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Kathy Schmitt

+1(203) 349-9422

Agent | License ID: RES.0767186

Agent License ID: RES.0767186

83 James Street New Haven, CT 06513

Kathy Schmitt

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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