342 Sherman Ave is a large three family property in the desired Newhallville neighborhood. Perfect investment or owner occupied asset. Each unit features 2 beds and 1 bath. The first and second floors are rented month to month for $1,200 & $1,250. Separate and tenant paid utilities. 2 bed units with updated finishes in this area are renting for $1400+ ! Take advantage of the opportunity to add value and experience cash flow immediately! Owner occupied buyers we have an AWESOME opportunity! Lender will purchase the home, renovate the property and then you close once remodel is complete! No risk & money down until the renovation is done! IMPORTANT: AGENTS PLEASE READ AGENT TO AGENT REMARKS. Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
Sold for $400,000 on 09/23/24
$400,000
342 Sherman Avenue, New Haven, CT 06511
6beds
3,824sqft
Multi Family
Built in 1920
-- sqft lot
$423,600 Zestimate®
$105/sqft
$2,473 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 01, 2024 at 02:00am
Listed by:
Lisa Cozzi,
Berkshire Hathaway NE Prop.,
Listing Agent: Lisa Cozzi, Co-Listing Agent: Maddy Ceruti,
Berkshire Hathaway NE Prop.
Bought with:
Jennifer D. Davis, RES.0782818
Keller Williams Prestige Prop.
Source: Smart MLS,MLS#: 170569135

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full,Unfinished,Storage Space
- Attic: Pull Down Stairs
Interior area
- Total structure area: 3,824
- Total interior livable area: 3,824 sqft
- Finished area above ground: 3,824
Property
Parking
- Parking features: None
Features
- Patio & porch: Porch
- Exterior features: Sidewalk, Rain Gutters, Lighting
Lot
- Size: 6,969 sqft
- Features: Level
Details
- Parcel number: 1256653
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3updown - Unit(s) per Floor
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Health Club, Medical Facilities, Park, Near Public Transport, Shopping/Mall
Location
- Region: New Haven
Services availability

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