244 Sherman Avenue, New Haven, CT 06518
Local realty services provided by:ERA Key Realty Services
244 Sherman Avenue,New Haven, CT 06518
$499,900
- 6 Beds
- 4 Baths
- 4,090 sq. ft.
- Multi-family
- Active
Listed by: javyn roundtree, aharon cowen(475) 227-4312
Office: roundtree realty llc(475) 227-4312
MLS#:24189456
Source:CT
Price summary
- Price:$499,900
- Price per sq. ft.:$122.22
About this home
Exceptional value-add opportunity in the heart of New Haven's desirable Edgewood neighborhood! This unique multi-family property offers an exciting opportunity for investors, developers, and visionaries looking to unlock its full potential. Currently configured as a 2-family with 6 bedrooms and 6 full bathrooms, the property also comes with zoning-approved plans to convert it into a 5-family residence, creating a rare opportunity to significantly increase its income-producing potential. With generous square footage and a flexible layout, this property provides a strong foundation for a transformative renovation. Whether you're an experienced investor or looking for your next development project, the possibilities are substantial. Bring your contractor, your vision, and the right team to reimagine this property into a standout asset in one of New Haven's most established neighborhoods. Located in the sought-after Edgewood neighborhood, you'll enjoy convenient access to Edgewood Park, Yale University, Yale New Haven Hospital, local restaurants, shopping, public transportation, and major highways, making this an attractive location for future tenants. While the property requires significant renovation and is being offered as an opportunity for someone ready to add value, the approved conversion plans and prime location make it a truly compelling investment. Don't miss your chance to bring new life to a property with exceptional upside and long-term potential....
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Home facts
- Year built:1900
- Listing ID #:24189456
- Added:61 day(s) ago
- Updated:September 06, 2026 at 11:44 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:11
- Basement Description:Full Basement, Unfinished
- Living area:4,090 sq. ft.
Heating and cooling
- Heating:Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:4,090 sq. ft.
- Lot area:0.09 Acres
- Lot Features:Level Lot
- Architectural Style:Units are Side-by-Side
- Construction Materials:Clapboard
Schools
- High school:James Hillhouse
- Middle school:Enginering/Science
- Elementary school:Edgewood
Utilities
- Water:Public Water Connected
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$122.22
- Tax amount:$13,408 (July 2026-June 2027)
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