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Multi-Family Property with Approved Conversion

244 Sherman Ave New Haven, CT 06518

244 Sherman Ave, New Haven, CT, 06518
$499,900
For Sale
$499,900

Currently configured as a 2-family with six bedrooms and six full bathrooms, with zoning-approved plans to convert to 5-family.

Days on Market16

Property Features for 244 Sherman Ave

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1900
Listing agency
Listed by Aharon Cowen
Source Elliman
Added: Jul 8 Updated: Jul 22 at 3:45PM Checked: Jul 22 at 3:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aharon Cowen


Investment Insights

Based on property information with market context.

This value-add multi-family property is currently configured as a 2-family home with 6 bedrooms and 6 full bathrooms. Zoning-approved plans are included to convert the residence into a 5-family property, supporting a larger income-producing layout with a flexible arrangement. The property is being offered as an opportunity for a buyer to complete a significant renovation.

Located in New Haven’s Edgewood neighborhood, the home provides convenient access to Edgewood Park, Yale University, Yale New Haven Hospital, local restaurants, shopping, public transportation, and major highways.

Key Highlights

  • Built in 1900 multi‑family property currently configured as a 2‑family with 6 bedrooms and 6 full bathrooms
  • Zoning‑approved plans to convert the property into a 5‑family residence
  • Property is currently 2‑family and includes 6 full bathrooms, offering a flexible base for a renovation

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Bakery (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Storage Facility Accounting Firm Butcher Tattoo & Piercing Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Currently configured as a 2-family with six bedrooms and six full bathrooms, with zoning-approved plans to convert to 5-family.
Where is this duplex located?
The property is located at 244 Sherman Ave New Haven, CT.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Built in 1900 multi‑family property currently configured as a 2‑family with 6 bedrooms and 6 full bathrooms; Zoning‑approved plans to convert the property into a 5‑family residence; Property is currently 2‑family and includes 6 full bathrooms, offering a flexible base for a renovation
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