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• 6 beds |
• 2 baths |
• 1,792 sqft

Property Description

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 Status:

Active

Date Added:

April 29, 2026

Data Last Updated:

May 11, 2026 at 4:51PM

Listing Office:

Real Broker CT, LLC : (855) 450-0442

Listing Agent:

Xiaoming Li : (917) 623-6536

MLS ID:

24171227

Interior

• Laundry: Washer/Dryer All Units
• Basement: Full
• A/C: Window Unit
• Heating: Hot AirHot WaterNatural Gas
• Fireplace: Fireplaces: 2

Exterior

• Style: Units on different Floors
• Parking: Parking spaces: 7

Construction

• Roofing: Asphalt Shingle

Location

• County: New Haven

Lot

• Zoning: RM21252935

Utilities

• Water: Public Water Connected
• Sewer: Public Sewer Connected