Estimated payment $3,001/month
Highlights
- Property is near public transit, shops, and bus stop
- 2 Fireplaces
- Public Transportation
- Attic
- Home Security System
- Smart Locks
About This Home
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 open 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.
Listing Agent
Real Broker CT, LLC Brokerage Phone: (917) 623-6536 License #RES.0830697 Listed on: 04/29/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,153
Year Built
- Built in 1940
Lot Details
- 7,841 Sq Ft Lot
- Level Lot
Parking
- 1 Car Garage
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,792 Sq Ft Home
- 2 Fireplaces
- Pull Down Stairs to Attic
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Home Security
- Home Security System
- Smart Lights or Controls
- Smart Locks
- Smart Thermostat
Accessible Home Design
- Modified Wall Outlets
- Multiple Entries or Exits
Schools
- Wexler/Grant Elementary School
- James Hillhouse High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Heating System Uses Natural Gas
- Hot Water Circulator
Additional Features
- Energy-Efficient Lighting
- Property is near public transit, shops, and bus stop
Community Details
- 2 Units
- Public Transportation
- Gross Income $46,200
Listing and Financial Details
- Assessor Parcel Number 1252935
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 | $5,273 | $133,840 | $34,440 | $99,400 |
| 2024 | $5,153 | $133,840 | $34,440 | $99,400 |
| 2023 | $4,979 | $133,840 | $34,440 | $99,400 |
| 2022 | $5,320 | $133,840 | $34,440 | $99,400 |
| 2021 | $3,449 | $78,610 | $27,580 | $51,030 |
| 2020 | $3,449 | $78,610 | $27,580 | $51,030 |
| 2019 | $3,379 | $78,610 | $27,580 | $51,030 |
| 2018 | $3,379 | $78,610 | $27,580 | $51,030 |
| 2017 | $3,041 | $78,610 | $27,580 | $51,030 |
| 2016 | $2,315 | $55,720 | $12,250 | $43,470 |
| 2015 | $2,315 | $55,720 | $12,250 | $43,470 |
| 2014 | $2,315 | $55,720 | $12,250 | $43,470 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $485,000 | +32.5% | $271 / Sq Ft | |
| 01/28/2025 01/28/25 | Sold | $366,000 | +11.2% | $204 / Sq Ft | View Prior Sale |
| 11/14/2024 11/14/24 | Pending | -- | -- | -- | |
| 10/28/2024 10/28/24 | Price Changed | $329,000 | -18.8% | $184 / Sq Ft | |
| 10/21/2024 10/21/24 | For Sale | $405,000 | +10.7% | $226 / Sq Ft | |
| 10/05/2024 10/05/24 | Off Market | $366,000 | -- | -- | |
| 08/16/2024 08/16/24 | Price Changed | $405,000 | -1.2% | $226 / Sq Ft | |
| 07/02/2024 07/02/24 | For Sale | $410,000 | -- | $229 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $366,000 | None Available | |
| Warranty Deed | $366,000 | None Available | |
| Warranty Deed | $165,000 | -- | |
| Warranty Deed | $165,000 | -- | |
| Warranty Deed | $175,000 | -- | |
| Warranty Deed | $175,000 | -- | |
| Warranty Deed | $65,200 | -- | |
| Warranty Deed | $65,200 | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Warranty Deed | $87,000 | -- | |
| Warranty Deed | $87,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $167,000 | Purchase Money Mortgage |
Source: SmartMLS
MLS Number: 24171227
APN: NHVN-000292-000390-001200
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