567 Sherman Parkway, New Haven, CT 06511
567 Sherman Parkway, New Haven, CT 06511
567 Sherman Parkway, New Haven, CT 06511
567 Sherman Parkway, New Haven, CT 06511
567 Sherman Parkway, New Haven, CT 06511
567 Sherman Parkway, New Haven, CT 06511
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Stephano Stravoravdis

Stephano Stravoravdis

+1(860) 801-2087
$ 485,000
Est. payment | /mo

6 Beds

2 Baths

1,792 SqFt

Save
$ 485,000
Est. payment | /mo
Save

6 Beds

2 Baths

1,792 SqFt

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,792 sqft

Price per Sqft $270

MLS Listing ID 24171227

Style Units on different Floors

Bedrooms 6

Full Baths 2

Year Built 1940

Annual Tax Amount $5,153

Lot Size 7,840 Sqft

Property Sub-Type 2 Family

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.

Location

State CT

County New Haven

Zoning RM2

Rooms

Basement Full

Interior

Heating Hot Air, Hot Water

Cooling Window Unit

Fireplaces Number 2

Exterior

Parking Features Under House Garage, Off Street Parking

Garage Spaces 1.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Wexler/Grant

High Schools James Hillhouse

Listed by Xiaoming Li • Real Broker CT, LLC

Nearby Locations

Stephano Stravoravdis
Stephano Stravoravdis

REALTOR® | License ID: RES.0807925

+1(860) 801-2087 | realstephano@pm.me

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567 Sherman Parkway