Skip To Content

290 Sherman Avenue

New Haven, CT 06511
  • $699,900
  • STATUS: Active Under Contract
  • ON SITE: 70 Days
  • MLS #: 24152496
Under Contract
UPDATED: 41 min ago
$699,900
  • 8
    BEDS
  • 0.14
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,650
    SQFT
  • $192
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
High School:

Description

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 3 units, 3 meters, 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.

Monthly Payment Calculator



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-04-15T15:10:29.753.
www.thecthomefinder.com/homes/172711949
Print Image

290 Sherman Avenue New Haven, CT 06511

  • Price: $699,900
  • Status: Active Under Contract
  • On Site: 70 Days
  • Updated: 41 min ago
  • MLS #: 24152496
8
Beds
8
Baths
0
½ Baths
0.14
Acres
3,650
SQFT
$192
$/SQFT
1900
Built
County:
New Haven
Area:
New Haven
Elementary School:
Edgewood
High School:
per board of ed
Property Description
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 3 units, 3 meters, 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.
Exterior Features

Direct Waterfront YN No Exterior Siding Vinyl Siding Lot Description Level Lot Roof Information Asphalt Shingle Style 3updown - Unit(s) per Floor Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic YN No Basement Description Full Cooling System None Fireplaces Total 0 Heat Type Hot Water Sq Ft Est Heated Above Grade 3650 Sq Ft Total 3650 Total Rooms 8 Total Rooms Multi Family 8

Property Features

Agent Owner YN Yes Bank Owned Property No Foundation Type Stone Gross Annual Expense 18000 Gross Annual Income 99000 Heat Fuel Type Natural Gas Home Owners Assocation No Hot Water Description Tankless Hotwater Net Operating Income 81000 New Construction Type No/Resale Potential Short Sale No Property Sub Type 3 Family Sewage System Public Sewer Connected Tax Year July 2025-June 2026 Total Number Of Units 3 Under Agreement Yn No Water Source Public Water Connected Zoning RM2

Listing information © 2026 Smart MLS
Listing provided courtesy of Vasyl Ivoniuk of Lisowitch Real Estate Group LLC: (203) 243-6178.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Data last updated: 2026-04-15T15:10:29.753.
 
https://bt-photos.global.ssl.fastly.net/ctmls/1280_boomver_1_24152496-1.jpg https://bt-photos.global.ssl.fastly.net/ctmls/1280_boomver_1_24152496-1.jpg https://bt-photos.global.ssl.fastly.net/ctmls/1280_boomver_1_24152496-1.jpg
Logo
The Higgins Group - The CT Home Finder
1499 Post Road
Fairfield CT, 06880