244 Sherman Avenue, New Haven, CT 06518
244 Sherman Avenue, New Haven, CT 06518
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Kristopher Tramont

Kristopher Tramont

+1(860) 884-9511
$ 499,900
Est. payment | /mo

6 Beds

4 Baths

4,090 SqFt

Save
$ 499,900
Est. payment | /mo
Save

6 Beds

4 Baths

4,090 SqFt

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,090 sqft

Price per Sqft $122

MLS Listing ID 24189456

Style Units on different Floors,Units are Side-by-Side

Bedrooms 6

Full Baths 4

Year Built 1900

Annual Tax Amount $13,219

Lot Size 3,920 Sqft

Property Sub-Type 2 Family

Property Description

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.

Location

State CT

County New Haven

Zoning RM2

Rooms

Basement Full, Unfinished

Interior

Heating Hot Air

Cooling None

Exterior

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Edgewood

Middle Schools Enginering/Science

High Schools James Hillhouse

Listed by Javyn Roundtree • Roundtree Realty LLC

Nearby Locations

Kristopher Tramont
Kristopher Tramont

Broker Associate | REB. REB.0794869

+1(860) 884-9511 | kris@kristophertramont.com

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244 Sherman Avenue