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About This Home

This 6-bedroom, 2-bathroom residential multi family at 567 Sherman Parkway in New Haven, CT is listed for $469,000 ($262 per sqft). Built in 1940, the home offers 1,792 sqft of living space on a 0.18 acres lot.

Agent Description

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 o

pen 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.

Key Features

  • Built in 1940
  • 0.18 acre lot
  • 7 parking spaces
  • Fireplace

Property Details

2 full
7 spaces
1940

Amenities

FireplaceA/C

Monthly Cost Estimate

$2,508/mo

20% down · 6.5% · 30 years

Principal$339
Interest$2,032
Insurance$137

Estimates only. Actual payments may vary.

Location

567 Sherman Parkway

New Haven, CT 06511

Property Details

Heating

Hot Water(Heating)

Cooling

Window Unit(s)

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 567 Sherman Parkway is listed at $469,000 ($262/sqft). The estimated monthly payment is $2,032 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.18 acre lot, 7 parking spaces, Fireplace.

This property is listed by Xiaoming Li and can be reached at 9176236536 or bceg2@126.com.

XL

Xiaoming Li

Agent at Real Broker CT, LLC

(917) 623-6536

Listed by Real Broker CT, LLC · View on Broker Site

MLS# 24171227· Source: listhub· Updated 33 days ago

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

567 Sherman Parkway, New Haven, CT 06511

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