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 8 bedrooms and 8 bathrooms, 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.
For sale
Price cut: $20.1K (7/30)
$827,777
290 Sherman Avenue, New Haven, CT 06511
8beds
3,650sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$227/sqft
$-- HOA
What's special
Modernized bathroomsAmple storage roomsLarge parking lotSpacious basementUpdated windowsUpgraded electrical systemsNew roof
- 24 days
- on Zillow |
- 671 |
- 39 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 08:04pm
Listed by:
Vasyl Ivoniuk,
Lisowitch Real Estate Group LLC
Source: Smart MLS,MLS#: 24113042

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Tankless Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 3,650
- Total interior livable area: 3,650 sqft
- Finished area above ground: 3,650
Property
Parking
- Parking features: None
Lot
- Size: 6,098.4 Square Feet
- Features: Level
Details
- Parcel number: 1255609
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3updown - Unit(s) per Floor
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Haven
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $226,240
- Annual tax amount: $8,914
- Date on market: 7/19/2025
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