New Listing - 04/29/2026

$485,000 ($270.65 per sqft)

Est. Mortgage $2,358/mo *

Quick Pre-Approval

Listing courtesy of Xiaoming Li (917) 623-6536, Real Broker CT, LLC (855) 450-0442


12 rooms

6 beds

2 Full baths

1940

Units on different Floors

1,792 sqft

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.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Washer/Dryer All Units

Units:

2

Zoning:

RM2

Garage:

1-car Under House Garage, Off Street Parking

Heating:

Hot Air, Hot Water

Cooling:

Window Unit

Basement:

Full

Parking:

7-car

Acreage:

0.18

Est. Taxes:

$5,153

Assessment

$133,840

Lot Description:

Level Lot

Elementary School:

Wexler/Grant

High School:

James Hillhouse

Days on Market:

4

MLS #:

24171227


Community Info

School Info

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