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$ 499,000
Est. payment | /mo
5 Beds
4 Baths
3,495 SqFt
$ 499,000
Est. payment | /mo
5 Beds
4 Baths
3,495 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,495 sqft
Price per Sqft $142
MLS Listing ID 24124535
Style Units on different Floors
Bedrooms 5
Full Baths 4
Year Built 1920
Annual Tax Amount $5,206
Lot Size 7,405 Sqft
Property Sub-Type 4 Family
Property Description
Investment opportunity in the heart of New London! This well-maintained 4-family property offers strong rental history with most tenants in place for over 10 years. Recent updates provide peace of mind, including exterior paint (2024), a 12-year-old roof, natural gas hot water heaters all 5 years old or newer, and a driveway just 5 years young. Additional income potential with convenient on-site coin-operated laundry. Located just minutes to downtown New London, Yale New Haven L&M Hospital, Mitchell College, and Electric Boat, this property is in a prime location for consistent occupancy. Whether you're a seasoned investor or just starting out, this is the type of property that checks all the boxes-stable tenants, updates already done, and excellent proximity to area employers and amenities. Don't wait-this one won't last long!
Location
State CT
County New London
Zoning R-2
Rooms
Basement Full
Interior
Heating Steam
Cooling Window Unit
Exterior
Exterior Feature Porch
Parking Features None
Roof Type Asphalt Shingle
Building
Lot Description City Views
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Dover Jackson
High Schools New London
Listed by Marilyn Lusher • RE/MAX Legends
GET MORE INFORMATION
Mike D'Ambrosio
Lic# NY 10401339308 | FL SL3579350