About 83 James Street
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!
Features of 83 James Street
| MLS® # | 24103991 |
|---|---|
| Price | $899,000 |
| Bedrooms | 15 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Square Footage | 5,000 |
| Acres | 0.13 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 83 James Street |
|---|---|
| Area | Fair Haven |
| City | New Haven |
| County | New Haven |
| State | Connecticut |
| Zip Code | 06513 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | None, Paved, Parking Lot, Off Street Parking |
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Gas on Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished, Fully Finished, Concrete Floor, Full With Walk-Out |
Exterior
| Exterior | Vinyl Siding, Aluminum, Wood |
|---|---|
| Lot Description | Corner Lot, Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete, Masonry |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | June 16th, 2025 |
|---|---|
| Days on Market | 140 |
| Zoning | RM2 |
| RE / Bank Owned | No |
Listing Details
| Office | iVision Real Estate |
|---|