Six-Unit Multifamily
127 James Street New Haven, CT 06513
127 James Street, New Haven, CT, 06513
$925,000
For Sale
$925,000
Six residential units in a multifamily building with separate utilities and off-street parking.
Property Size4,698 SF
Price / SF$196.89
Days on Market163
Property Features for 127 James Street
General Information
- Standard status
- Active
- Size
- 4,698 SF
- Property subtype
- Multi-Family / 5 Family+
Building Details
- Year Built
- 1875
Listing agency
Alpha Capital Realty, LLC
(203) 816-7926
Listed by
Zachary T Pinto · License #RES.0827718
(203) 816-7926
Source
Compass
Added: Feb 10 Updated: Jul 22 at 1:23PM Checked: Jul 22 at 1:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alpha Capital Realty, LLC
Investment Insights
Based on property information with market context.
This for-sale six-unit multifamily building offers six residential units with practical layouts. The property includes separate utilities for the units and off-street parking to support day-to-day convenience for tenants and management.
Located in New Haven’s Fair Haven neighborhood, the building is described as being near schools, parks, shopping, and public transportation, with convenient access to downtown New Haven and major highways.
The property is presented as an income-producing opportunity and is suitable for buyers seeking an established residential income asset.
Located in New Haven’s Fair Haven neighborhood, the building is described as being near schools, parks, shopping, and public transportation, with convenient access to downtown New Haven and major highways.
The property is presented as an income-producing opportunity and is suitable for buyers seeking an established residential income asset.
Key Highlights
- 6‑unit multifamily building in New Haven’s Fair Haven neighborhood
- Each unit has separate utilities
- Off‑street parking available
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $142.6k | $30.36 |
| − Vacancy | −$8.8k | −$1.88 |
| EGI | $133.8k | $28.48 |
| − OpEx | −$60.2k | −$12.81 |
| NOI | $73.6k | $15.66 |
4,698 SF · lease $30.36/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$919.8K – $1.23M
NOI $73,583 @ 7.0% cap · market cap 7.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,786 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six residential units in a multifamily building with separate utilities and off-street parking.
Where is this apartment building located?
The property is located at 127 James Street New Haven, CT.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 6‑unit multifamily building in New Haven’s Fair Haven neighborhood; Each unit has separate utilities; Off‑street parking available
