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.
Listed by Xiaoming Li
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Real Broker CT, LLC
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(917) 623-6536
Last updated May 15, 2026
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Source: SmartMLS #24171227
Listing Facts
TypeMulti-family
NeighborhoodSherman
Bedrooms6
Bathrooms2
Days on Prevu48
Taxes$5,153/year
Size1,792 sqft
Price per sqft$262
Amenities
Washer/Dryer
Location
Mortgage Calculator
Listing History
05/16/2026
Price Decreased
$469,000
05/11/2026
Price Decreased
$480,000
04/29/2026
Listed by Real Broker CT, LLC
$485,000
Property Details for Undisclosed Address #24171227
Exterior
Construction
New Construction: No/Resale
Number Of Units Total: 2
Roof: Asphalt Shingle
Year Built: 1940
Year Built Details: Public Records
Architectural Style: Units on different Floors
Construction Materials: Frame
Features
Waterfront Features: Not Applicable
Measurements
Lot Features: Level Lot
Lot Size Acres: 0.18
Financial
Taxes
Parcel Number: 1252935
Tax Annual Amount: $5,153.00
Tax Year: 25
Interior
Features
Fireplaces Total: 2
Rooms
Basement: Full
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 6
Rooms Total: 12
Other
Features
Accessibility Features: Multiple Entries/Exits
Parking
Parking
Attached Garage: Under House Garage, Off Street Parking
Garage Spaces: 1
Parking Total: 7
Schools
Elementary School
Elementary School: Wexler/Grant
High School
High School: James Hillhouse
Utilities
Equipment
Cooling: Window Unit
Heating: Hot Air, Hot Water
Laundry Features: Washer/Dryer All Units
Sewer: Public Sewer Connected
Water Source: Public Water Connected
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 6 bedrooms and 2 bathrooms in this multi-family home at Undisclosed Address #24171227.
What schools are nearby to Undisclosed Address #24171227?
Nearby schools include the Wexler/Grant Elementary School and James Hillhouse High School.
Does this multi-family home have parking?
Yes, there is 1 parking space available for Undisclosed Address #24171227.
What are the annual taxes for Undisclosed Address #24171227?
Annual taxes for this multi-family home are estimated at $5,153.
What is the square footage on this multi-family home?
According to the MLS, this listing is 1,792 sqft.
Undisclosed Address #24171227 is a 6-bedroom, 2-bath multi-family home for sale in New Haven CT 06511. Listed on Prevu for 48 days at $469,000. This includes a recent price decrease of $11,000. This residence features 1,792 square feet of living space, located in Sherman. The median listing price for multi-family homes in this area is $868,750. Nearby schools include Wexler/Grant Elementary School and James Hillhouse High School. Additional amenities include laundry in unit. Browse more multi-family home listings in Fairfield County.
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