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.
Listing By
Agency Name: Roundtree Realty LLC
Agent Name: Javyn Roundtree
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimated Payment
$ 2,359.95 per month $1,112.56 Principal & Interest $1,101.58 Property Tax $145.80 Homeowner's InsuranceColdwell BankerĀ® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
244 Sherman | MLS# 24189456
This multi-family property located at 244 Sherman , New Haven, CT 06518 is currently listed for sale with an asking price of $499,900. Search New Haven real estate on www.coldwellbankerchoice.com today.