55 Sherman Avenue New Haven, CT ^$ 649,900

55 Sherman Avenue

^$ 649,900

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55 Sherman Avenue

New Haven, CT, 06511

^$ 649,900

Bedrooms-- Baths4.0 Sq 4,976

Monthly Estimate*

^$ 4,055

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Commercial Property for sale in New Haven, CT

for $649,900 with 4 full baths. This 4,976 square foot building was built in 1925 on a lot size of 0.11.

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!

Commercial Contingent

Price

^$ 649,900

Full Bath

Property Type

Commercial

Taxes

^$ 11,142

Style

Lot Size

0.11

Year Built

1925

Town/City

New Haven

MLS | Web ID

24129487

Features

General

Zoning RM2

Neighborhood N/A

County New Haven

Tax Year July 2025-June 2026

Location Highway Access Urban

Property Type Commercial For Sale

Status Under Contract

Acres 0.11

Directions Ella T Grasso Blvd then turn left onto Legion Ave then left onto Sherman Ave

City New Haven

Sq Ft Total 4976

DOM 21

Year Built 1925

Present Use apartments

Interior

Utilities Available Electric Gas Phone Available Cable Available

Cooling System Window Unit

Total Number of Units 4

Flooring Vinyl Wood

Total Rooms 0

Exterior

Water Source Public Water Connected

Lot Description Corner Lot Level Lot

* Excluded Features

List By

Eric Schuell

Listing Agent

Re/Max Right Choice

Broker

eric.schuell@yahoo.com

Affordability Calculator

$4,983

Per Month

Monthly Principal & Interest: $4,055
Monthly Property Taxes: $929
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in New Haven, CT

Average List Price ^$1,186,368

Percent of Sale Price 83%

About New Haven, CT

131,072 Population

6% Since 2002

^$40,263 Median Income

33.2 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/3/2025	$649,900		Listed Price

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55 Sherman Avenue, New Haven, CT, 06511 is a Commercial Property for sale at $649,900 with 4,976 sqft and a lot size of 0.11. 55 Sherman Avenue has 4.0 baths and was built in 1925. The property's zip code is 06511 which is in New Haven, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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55 Sherman Avenue

Commercial Property for sale in New Haven, CT

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