Property Description
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.
Features
- Heating System:
- Hot Air, Hot Water
- Cooling System:
- Window Unit
- Basement:
- Full
- Foundation Type:
- Concrete
- Heat Fuel Type:
- Natural Gas
- Exterior Siding:
- Vinyl Siding
- Handicap Features:
- Multiple Entries/exits
- Fireplaces Total:
- 2
- Parking Total Spaces:
- 7
- Hot Water Description:
- Natural Gas, 40 Gallon Tank
- Lot Description:
- Level Lot
- Water Source:
- Public Water Connected
Address Map
- Street:
- Sherman
- Street Number:
- 567
- Floor Number:
- 0
- Longitude:
- W73° 3′ 48.4”
- Latitude:
- N41° 19′ 29.6”
MLS Addon
- Office Name:
- Real Broker CT, LLC
- Agent Name:
- Xiaoming Li
- List Agent MLSID:
- 853290
- List Office MLSID:
- RLBR01
- Tax Year:
- July 2025-June 2026
- Directions:
- GPS friendly
- Elementary School:
- Wexler/Grant
- High School:
- James Hillhouse
- HOA Fee Amount:
- $0
- Parcel Number:
- 1252935
- Property Tax:
- $5,153
- Zoning:
- RM2
Multi-family For Sale
567 Sherman, New Haven, 06511
6 Bedrooms
2 Bathrooms
1,792 Sqft
$480,000
Listing ID #24171227
Basic Details
- Property Type :
- Multi-family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24171227
- Price :
- $480,000
- Bedrooms :
- 6
- Baths Total :
- 2
- Bathrooms :
- 2
- Half Bathrooms :
- 0
- Square Footage :
- 1,792 Sqft
- Year Built :
- 1940
- Lot Area :
- 0.18 Acre
- City:
- New Haven
- Zipcode:
- 06511
- Property Sub Type :
- 2 Family
- Style :
- Units on different Floors
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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