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Jeff & Evelyn Weller Team

success@wellerteam.com +1(401) 265-8079

$399,900

Est. payment - /mo

6 Beds

2 Baths

2,132 SqFt

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Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,132 sqft

Price per Sqft $187

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

Rooms

Basement Full, Interior Access, Partially Finished, Concrete Floor

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

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Jeff & Evelyn Weller Team

+1(401) 265-8079

Agent | RES.0027733

Agent RES.0027733

11 Colver Street New London, CT 06320

Jeff & Evelyn Weller Team

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Nearby Locations

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