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$499,900 244 Sherman, New Haven, CT

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$499,900

244 Sherman, New Haven, CT

6 bedrooms4 full bathrooms4,090 square feet
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Overview

Exceptional value-add opportunity in the heart of New Haven's desirable Edgewood neighborhood! This unique multi-family property offers an exciting opportunity for investors, developers, and visionaries looking to unlock its full potential. Currently configured as a 2-family with 6 bedrooms and 6 full bathrooms, the property also comes with zoning-approved plans to convert it into a 5-family residence, creating a rare opportunity to significantly increase its income-producing potential. With generous square footage and a flexible layout, this property provides a strong foundation for a transformative renovation. Whether you're an experienced investor or looking for your next development project, the possibilities are substantial. Bring your contractor, your vision, and the right team to reimagine this property into a standout asset in one of New Haven's most established neighborhoods. Located in the sought-after Edgewood neighborhood, you'll enjoy convenient access to Edgewood Park, Yale University, Yale New Haven Hospital, local restaurants, shopping, public transportation, and major highways, making this an attractive location for future tenants. While the property requires significant renovation and is being offered as an opportunity for someone ready to add value, the approved conversion plans and prime location make it a truly compelling investment. Don't miss your chance to bring new life to a property with exceptional upside and long-term potential.

Property Details

Property Details

MLS Number 24189456
List Price 499900
Status Active
Property Type Multi-Family For Sale
Property Sub Type 2 Family
Beds Total 6
Baths Full 4
Baths Half 0
Total Rooms 11
Acres 0.09
Year Built 1900
Living Area SQFT Per Public Record 4090
Garages Number 0
Style Units on different Floors,Units are Side-by-Side
Basement Description Full,Unfinished
Fireplaces Total 0
Heat Type Hot Air
Heat Fuel Type Natural Gas,Oil
Cooling System None
Water Source Public Water Connected
Sewage System Public Sewer Connected
Direct Waterfront YN 0
Waterfront Description Not Applicable
Days on Market 103

Courtesy of Javyn Roundtree Roundtree Realty LLC. Source: SmartMLS. © 2026.

Listing information is provided by SmartMLS.

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