About 342 Sherman Avenue
342 Sherman Ave is a large three family property in the desired Newhallville neighborhood. Perfect investment or owner occupied asset. Each unit features 2 beds and 1 bath. The first and second floors are rented month to month for $1,200 & $1,250. Separate and tenant paid utilities. 2 bed units with updated finishes in this area are renting for $1400+ ! Take advantage of the opportunity to add value and experience cash flow immediately! Owner occupied buyers we have an AWESOME opportunity! Lender will purchase the home, renovate the property and then you close once remodel is complete! No risk & money down until the renovation is done! IMPORTANT: AGENTS PLEASE READ AGENT TO AGENT REMARKS. Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only. FHA Buyers please have the Lender run the Self Sufficiency Test on the Rental Amounts to qualify property.
Features of 342 Sherman Avenue
| MLS® # | 170569135 |
|---|---|
| Price | $415,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,824 |
| Acres | 0.16 |
| Year Built | 1920 |
| Type | Multi-Family For Sale |
| Sub-Type | 3 Family |
| Style | 3updown - Unit(s) per Floor |
| Status | Under Contract |
Community Information
| Address | 342 Sherman Avenue |
|---|---|
| Area | N/A |
| City | New Haven |
| County | New Haven |
| State | CT |
| Zip Code | 06511 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Hot Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior | Shingle |
|---|---|
| Exterior Features | Sidewalk, Porch, Gutters, Lighting |
| Lot Description | Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | May 15th, 2023 |
|---|---|
| Days on Market | 368 |
| Zoning | RM2 |
| RE / Bank Owned | No |
Listing Details
| Office | Berkshire Hathaway NE Prop. |
|---|