Address Withheld By Seller, New Haven, CT 06511
Local realty services provided by:ERA Insite Realty Services
Address Withheld By Seller,New Haven, CT 06511
$485,000
- 6 Beds
- 2 Baths
- 1,792 sq. ft.
- Multi-family
- Active
Listed by: xiaoming li(917) 623-6536
Office: real broker ct, llc(855) 450-0442
MLS#:24171227
Source:CT
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Price summary
- Price:$485,000
- Price per sq. ft.:$270.65
About this home
Charming 2-Family Income Producer in the Heart of New Haven - Turnkey Cash Flow from Day One! Located in the heart of New Haven, this 2-unit multifamily property at 567 Sherman Parkway offers convenience and strong investment potential. Close to renowned schools and public facilities, it features a large 0.18-acre lot with a spacious backyard and open driveway that comfortably parks up to 7 cars off-street, providing rare privacy and convenience. Each unit includes 3 bedrooms plus a living room that could easily change into the 4th bedroom. Currently leased at $2,000 and $1,850 per month respectively, with tenants paying their own utilities, the property generates $3,850/month ($46,200 annually) - delivering high gross yield to the listing price. New owners enjoy immediate revenue from day one. The generous land adds significant value (estimated land contribution $80,000-$120,000+), while replacement construction costs for a similar building far exceed the listing price. In today's economy, this property serves as both an inflation-shielded investment and a low-maintenance business with limited personal involvement. Ideal for investors seeking reliable passive income or owner-occupants who want rental income to help cover the mortgage. Don't miss this unique opportunity with strong fundamentals and immediate cash flow! Schedule your showing today....
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Home facts
- Year built:1940
- Listing ID #:24171227
- Added:3 day(s) ago
- Updated:May 03, 2026 at 04:49 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:12
- Basement Description:Full Basement
- Living area:1,792 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Hot Air, Hot Water
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1940
- Building area:1,792 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Level Lot
- Construction Materials:Vinyl Siding
Schools
- High school:James Hillhouse
- Elementary school:Wexler/Grant
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$485,000
- Price per sq. ft.:$270.65
- Tax amount:$5,153 (July 2025-June 2026)
Features and amenities
- Amenities:Park, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
Parking
- Total parking spaces:7
- Parking description:Off Street Parking, Under House Garage
- Garage:Yes
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