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$665,000

  • Sold
  • Closed
  • Commercial
See This Home
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Fully rented 4-unit investment property located within walking distance from Yale New Haven Hospital and St. Raphael's Campus. Each unit offers 2 bedrooms, 1 bath, living room, dining room, and an eat-in kitchen. Separate utilities for each unit. Unfinished basement provides extra storage space. Off-street parking and convenient access to highways and downtown New Haven. Strong market rental income in an demand location denoted - don't miss this turnkey opportunity!

Full Property Details for 55 Sherman Ave

General

  • Sold For: $665,000
  • Taxes: (July 2025-June 2026)
  • Status: Closed
  • Type: Commercial
  • Source: SMARTMLS
  • MLS ID: 24129487
  • Added to Site: 104 day(s) ago

Interior

  • Interior Features: Living Space Available
  • Flooring: Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Restrooms: 4

Exterior

  • Exterior Features: Sidewalk

Parking

  • Uncovered Spaces: 4
  • Total Spaces: 4
  • Parking: Off Street Parking

Location

  • County: New Haven
  • Driving Directions: Ella T Grasso Blvd then turn left onto Legion Ave then left onto Sherman Ave

Heating & Cooling

  • Cooling Type: Window Unit
  • Heating Type: Hot Water, Natural Gas
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected
  • Utility Description: Electric, Gas, Phone Available, Cable Available

Structural Information

  • Roof: Asphalt Shingle
  • Stories/Levels: 2
  • Stories in Building: 2
  • Square Feet: 4,976
  • Sq. Ft. Source: Public Records
  • Living Area: 4,976 Sq. Ft.
  • Current Bldg. Use: apartments
  • Year Built: 1925

Unit Information

  • # Tenants: 4

Unit 1

  • Unit Description: 2 Bedrooms
  • Square Feet: 1244
  • Total Bathrooms: 1

Unit 2

  • Unit Description: 2 Bedrooms
  • Square Feet: 1244
  • Total Bathrooms: 1

Unit 3

  • Unit Description: 2 Bedrooms
  • Square Feet: 1244
  • Total Bathrooms: 1

Unit 4

  • Unit Description: 2 Bedrooms
  • Square Feet: 1244
  • Total Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.11
  • Frontage: Municipal Street, Paved Road
  • Present Use: apartments
  • Potential Use: apartments
  • Zoning: RM2
  • Lot Description: Corner Lot, Level Lot

Financial Considerations

  • Assessment Amount: $282,800
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Documents Avail.: Lead Disclosure
  • Property ID: 1255022

Listed by RE/MAX Right Choice, Eric Schuell
Sold by Houlihan Lawrence WD, Darrell Hardy

Listing agent

— 55 Sherman Ave —

  • Eric Schuell

    RE/MAX Right Choice

Agent Contact: (203) 988-7418 Office Contact: (203) 877-0618

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 55 Sherman Ave

School District:New Haven School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 55 Sherman Ave

Date
Details
Price
Change
Source
12/16/2025
Sold
$665,000
2.32%
MLS
10/03/2025
Listed
$649,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Right Choice, Eric Schuell
Sold by Houlihan Lawrence WD, Darrell Hardy

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55 Sherman Avenue, New Haven, CT 06511 (MLS# 24129487) is a Commercial property that was sold at $665,000 on December 16, 2025. Want to learn more about 55 Sherman Avenue? Do you have questions about finding other Commercial real estate for sale in New Haven? You can browse all New Haven real estate or contact a Coldwell Banker agent to request more information.