290 Sherman Avenue, New Haven, Connecticut

$799,900

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8

Beds

8

Baths

3,650

Square feet

0.14

Acres

About 290 Sherman Avenue

Great investment opportunity located in a highly desirable area next to Yale Hospital and within walking distance of local stores. This income-producing property features 8 bedrooms and 8 bathrooms, 8 kitchens total of 8 units or can be use 3 family house, generating approximately $99,000 annually. The building has undergone major renovations including a new roof, updated windows, modernized bathrooms, upgraded electrical systems, and new plumbing-ensuring long-term durability and low maintenance costs.Additional highlights include: Coin-operated laundry room for additional income,Spacious basement with ample storage rooms,Large parking lot for tenants and guests, located near Yale Hospital and retail amenities. This is an ideal opportunity for investors seeking stable cash flow in a prime location with minimal capital expenditures required.

Features of 290 Sherman Avenue

MLS® # 24113042
Price $799,900
Bedrooms 8
Bathrooms 8.00
Full Baths 8
Square Footage 3,650
Acres 0.14
Type Multi-Family For Sale
Sub-Type 3 Family
Style 3updown - Unit(s) per Floor
Status Active

Community Information

Address 290 Sherman Avenue
Area N/A
City New Haven
County New Haven
State Connecticut
Zip Code 06511

Amenities

Parking None
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Hot Water, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Full

Exterior

Exterior Vinyl Siding
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Stone

School Information

Elementary Edgewood
High Per Board of Ed

Additional Information

Date Listed July 19th, 2025
Days on Market 71
Zoning RM2
RE / Bank Owned No

Listing Details

OfficeLisowitch Real Estate Group LLC

Listing Map

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