$415,000
Est. payment /mo
6 Beds
2 Baths
2,132 SqFt
UPDATED:
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,132 sqft
Price per Sqft $194
MLS Listing ID 24193585
Style Units are Side-by-Side
Bedrooms 6
Full Baths 2
Year Built 1917
Annual Tax Amount $4,661
Lot Size 6,098 Sqft
Property Sub-Type 2 Family
Property Description
Rare opportunity to own a fully rented side-by-side duplex in New London, offering immediate rental income from day one. Built in 1917, this 2,132-square-foot property features 12 total rooms, with three bedrooms and one full bath in each unit, for a combined six bedrooms and two full baths. Both units include a kitchen, dining room, living room and private laundry hookups in the lower level, along with an additional finished basement room. The month-to-month tenants currently pay $1,553 per month for Unit 1 and $1,543 per month for Unit 2, providing a combined monthly rental income of $3,096. Classic period details include hardwood flooring, a slate roof, an enclosed rear porch, and an open front porch. A detached three-car garage is a standout feature for a multifamily property in this area, offering valuable parking, storage, or potential additional income. Set on a manageable 0.14-acre level lot, the property is heated by natural gas and connected to public water and sewer. Conveniently located near local schools, shopping, dining, transportation, and downtown New London, this property is an excellent opportunity for an investor seeking a cash-flowing addition to their portfolio or an owner-occupant looking to offset their mortgage with rental income.
Location
State CT
County New London
Zoning R-2
Interior
Heating Hot Air
Cooling None
Exterior
Exterior Feature Porch
Parking Features Detached Garage, Driveway
Garage Spaces 3.0
Waterfront Description Not Applicable
Roof Type Slate
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools C. B. Jennings
Middle Schools Dover Jackson
High Schools New London
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Listed by Chloe White • KW Legacy Partners
Bought with Mario Stephens • RE/MAX Legends
Bought with Mario Stephens • RE/MAX Legends