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567 Sherman Parkway

New Haven, CT 06511
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Bed 6

Bed

Bath 2

Bath

SqFt1,792

Sqft

Acres0.18

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $459,000

AD Id : 77837798

MLS Id : 24171227

Beds : 6

Lot Size : 0.18 Acre

Living Area Size : 1,792

Year Built : 1940

Garage : 1

County : New Haven

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 12 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: Gas Water Heater Laundry Features: In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air, Hot Water Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1940 Building Area Total: 1792 Construction Materials: Vinyl Siding, Frame Private Pool: No

  • Lot Information

    Lot Size Acres: 0.18 Lot Description: Level

  • Listing Price Information

    Listing Price: $459000 Original Price: $485000

  • Tax Information

    Parcel Number: 1252935 Annual Tax: $5153

  • Parking Information

    Parking Total: 7 Off Street

    Garage Information

    Has Garage: Yes Garage Space: 1

  • School Information

    Elementary School: Wexler/Grant
    Junior High School:
    Senior High School: James Hillhouse
  • Location Information

    Direction: GPS friendly WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
71 Lenox Street, New Haven, CT, 06511 $379,000 3 2 1,344 1,344 SqFt
82 Fillmore Street, New Haven, CT, 06511 $650,000 7 5 3,275 3,275 SqFt
76 Rock Street, New Haven, CT, 06511 $415,000 5 2 1,566 1,566 SqFt
75 Nash Street, New Haven, CT, 06511 $575,000 3 2 1,200 1,200 SqFt
211 Nicoll Street, New Haven, CT, 06511 $749,900 5 3 2,814 2,814 SqFt
50 Nash Street, New Haven, CT, 06511 $1,595,000 12 5 5,661 5,661 SqFt
125 Nicoll Street, New Haven, CT, 06511 $615,000 4 2 1,660 1,660 SqFt
117 Nicoll Street, New Haven, CT, 06511 $950,000 6 4 3,400 3,400 SqFt
43 Edwards Street, New Haven, CT, 06511 $1,600,000 12 8 6,540 6,540 SqFt
84 Lawrence Street, New Haven, CT, 06511 $995,000 6 3 3,021 3,021 SqFt

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 07/18/2026 @ 10:15

MLS: 24171227 LISTED BY: Xiaoming Li, Real Broker CT, LLC SOURCE: SmartMLS

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