multifamily

271 Sherman Avenue

New Haven, Connecticut 6511

Price

$908,000

Price/SF

$223.92/SF

Building Size

4,055 SF

Lot Size

0.11 acres

Year Built

1900

NOI

$63,375

Units

5

Property Description

Turnkey ready. New roof and every unit has custom kitchens with stone counter tops,new bathrooms with tiled walls, hardwood and tile for all flooring,new Windows, mechanicals, updated electric and plumbing. Nothing to invest in upgrades or repairs. Just collect rent from stabilized occupancy leased tenants. The unit mix-four 1-bedroom apartments and one large 3-bedroom apartment-is highly favorable for the Dwight neighborhood. Large 3-bedroom layouts are highly sought after by groups of medical university scholars or hospital staff looking to split rent, while 1-bedroom units maintain the lowest historical vacancy and highest rent-per-square-foot ratios in the New Haven rental market

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Photo Gallery

271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue
271 Sherman Avenue

Additional Details

Zoning

RM2

MLS Number

24199180

Property ID

f3e7b376-0c47-4e73-a6af-6391505c8eab

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MLS Information

MLS#: 24199180

Listed by: mygoodagent

Agent: Dominique Larose • (203) 606-5010 • dominiquelarose.era@gmail.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.