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$ 385,000
Est. payment /mo
Coming Soon
262 Sherman Avenue New Haven, CT 06511
10 Beds
1 Bath
4,598 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 4,598 sqft
Price per Sqft $83
MLS Listing ID 24150183
Style Other
Bedrooms 10
Full Baths 1
Year Built 1900
Annual Tax Amount $18,931
Lot Size 7,840 Sqft
Property Sub-Type 4 Family
Property Description
Grand 4,600 sq ft Victorian with Incredible Upside A rare opportunity to complete and customize a truly magnificent Victorian offering approximately 4,600 square feet of living space. The first floor (approx. 1,700 sq ft) features inlaid hardwood floors, a classic fireplace, an updated kitchen and bathroom, and two well-proportioned bedrooms-perfect for immediate use or income while completing the upper levels. Easily convertible to a three bedroom. The second and third floors are fully gutted and partially framed, providing a blank canvas for a buyer with vision. Whether restoring the home's original grandeur or reimagining it for modern living, the heavy lifting has begun and the possibilities are substantial. The property is a legal four-family, and the current owner previously obtained (now expired) permits to convert it to a five-unit property, offering strong future potential for expansion (buyer to perform due diligence). The seller simply doesn't have the bandwidth to take this project on for the next several years and is looking to pass it along to someone ready to bring it across the finish line. Centrally located and convenient to downtown and the Edgewood area, this is an exceptional chance to create a standout investment or showcase residence. With vision and execution, this property could be truly spectacular. SHOWINGS START 1/31/2026
Location
State CT
County New Haven
Zoning RM2
Rooms
Basement Full, Full With Walk-Out
Interior
Heating Hot Air
Cooling None
Exterior
Parking Features Detached Garage, Off Street Parking
Garage Spaces 2.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools James Hillhouse
Listed by Michael Martinez • Houlihan Lawrence WD