55 Sherman Ave New Haven, CT 06511
West River NeighborhoodEstimated payment $4,347/month
Highlights
- Property is near public transit
- Public Transportation
- Hot Water Heating System
- Attic
- Hot Water Circulator
- 5-minute walk to Orchard Gilbert Neighborhood Park
About This Home
Fully rented 4-unit investment property located within walking distance from Yale New Haven Hospital and St. Raphael's Campus. Each unit offers 2 bedrooms, 1 bath, living room, dining room, and an eat-in kitchen. Separate utilities for each unit. Unfinished basement provides extra storage space. Off-street parking and convenient access to highways and downtown New Haven. Strong market rental income in an in demand location denoted don't miss this turnkey opportunity!
Listing Agent
RE/MAX Right Choice Brokerage Phone: (203) 988-7418 License #RES.0766153 Listed on: 10/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,142
Year Built
- Built in 1925
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
Parking
- 4 Parking Spaces
Home Design
- 4,976 Sq Ft Home
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Attic
- Storage In Attic
- Walkup Attic
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Location
- Property is near public transit
- Property is near shops
Schools
- Barnard Elementary School
- Hill Regional High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
- Hot Water Circulator
Community Details
- 4 Units
- Public Transportation
- Gross Income $74,100
Listing and Financial Details
- Assessor Parcel Number 1255022
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,142 | $282,800 | $36,330 | $246,470 |
| 2024 | $10,888 | $282,800 | $36,330 | $246,470 |
| 2023 | $10,520 | $282,800 | $36,330 | $246,470 |
| 2022 | $11,241 | $282,800 | $36,330 | $246,470 |
| 2021 | $7,040 | $160,440 | $31,990 | $128,450 |
| 2020 | $7,040 | $160,440 | $31,990 | $128,450 |
| 2019 | $6,896 | $160,440 | $31,990 | $128,450 |
| 2018 | $6,896 | $160,440 | $31,990 | $128,450 |
| 2017 | $6,206 | $160,440 | $31,990 | $128,450 |
| 2016 | $4,401 | $105,910 | $11,620 | $94,290 |
| 2015 | $4,401 | $105,910 | $11,620 | $94,290 |
| 2014 | $4,401 | $105,910 | $11,620 | $94,290 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | For Sale | $649,900 | 0.0% | $131 / Sq Ft |
| 06/04/2024 06/04/24 | Rented | $1,725 | -4.2% | -- |
| 04/09/2024 04/09/24 | Price Changed | $1,800 | -10.0% | $2 / Sq Ft |
| 02/26/2024 02/26/24 | Price Changed | $2,000 | -9.1% | $2 / Sq Ft |
| 02/16/2024 02/16/24 | For Rent | $2,200 | -- | -- |
Source: SmartMLS
MLS Number: 24126250
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 336 Legion Ave Unit 1
- 706 George St
- 43 Gilbert Ave
- 16 Vine St Unit 1
- 731 George St
- 129 Orchard St
- 745 George St Unit 2
- 766 George St Unit 2
- 751 George St Unit 3
- 684 Legion Ave
- 2 Derby Ave
- 2 Derby Ave
- 788 George St Unit 1
- 83 Judson Ave Unit 2
- 26 Tyler St Unit 26 Tyler st
- 1407 Chapel St Unit 34
- 76 Porter St Unit 1
- 46 Orchard St Unit 52C
- 46 Orchard St Unit 52B
- 1579 Chapel St Unit 305