Margo Ross & Company
New Listing - 07/06/2026
Listing courtesy of Javyn Roundtree (475) 227-4312, Roundtree Realty LLC (475) 227-4312
244 Sherman Avenue, New Haven, CT, 06518
11 rooms
6 beds
4 Full baths
1900
Units on different Floors, Units are Side-by-Side
4,090 sqft
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.
Status:
Active
Type:
Multi-family
Units:
6
Zoning:
RM2
Heating:
Hot Air
Cooling:
None
Basement:
Full, Unfinished
Acreage:
0.09
Est. Taxes:
$13,219
Assessment
$335,510
Lot Description:
Level Lot
Elementary School:
Edgewood
Middle School:
Enginering/Science
High School:
James Hillhouse
Days on Market:
0
MLS #:
24189456
Community Info
School Info
Walk Score
Mass Transit
Yelp
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