Fantastic opportunity!!! A money making 4 family w/room to grow. Located 1 block away from Yale's Chapel St Hospital. Property has 4 renovated units w/updated bathrooms, kitchens,separate utilities. Supercharged your income w/ AirBnb, travel nurses, & other professional rental options This building lets you experiment safely while paying for itself and providing great income and security. Property has a right of way sharing a parking lot with the neighboring 4 unit also for sale. Act fast and bid confidently to secure 8 units next door to each other in the Heart of the city. Deals like this don't come along too often.
Off market
Street View
$524,600
220 Sherman Ave, New Haven, CT 06511
5beds
3,634sqft
MultiFamily
Built in 1900
-- sqft lot
$524,600 Zestimate®
$144/sqft
$2,211 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Electric, Gas, Oil
Cooling
- None
Features
- Basement: Full With Walk-Out
Interior area
- Total interior livable area: 3,634 sqft
Property
Features
- Exterior features: Wood
- Waterfront features: Not Applicable
Lot
- Size: 7,405 sqft
- Features: Level
Details
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4updown - Unit(s) per Floor
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: New Haven
HOA & financial
Other financial information
- Total actual rent: 365000
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Electric, Oil, Natural Gas, Radiator
- Roof: Asphalt
- AssociationYN: 0
- HeatingYN: true
- CoolingYN: true
- NumberOfUnitsTotal: 4
- ConstructionMaterials: Frame, Wood Siding, Clapboard
- LotFeatures: Level
- NumberOfUnitsInCommunity: 4
- FoundationDetails: Stone
- Zoning: RM2
- GrossIncome: 45600
- CommunityFeatures: Basketball Court, Medical Facilities, Walk to Bus Lines, Public Transportation, Commuter Bus
- ParkingFeatures: Paved
- YearBuiltSource: Public Records
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 365000.00
- Basement: Full With Walk-Out
- ArchitecturalStyle: 4updown - Unit(s) per Floor
- MlsStatus: Active
- CoListAgentEmail: amir.glenn@wealthbeaconct.com
- CoListAgentFullName: Amir Glenn
- TaxAnnualAmount: 5910
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.