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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.
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
Amenities
Monthly Cost Estimate
$2,508/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
567 Sherman Parkway
New Haven, CT 06511
Property Details
Heating
Cooling
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.








