New London, CT 06320

$825,000
10
BD
6
BA
2,568
SqFt

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List Price
$825,000
Status
ACTIVE
MLS#
24202699
Year Built
1890
Bedrooms
10
Bathrooms
6
Acres
0.11
Living Area
2,568
Neighborhood
N/A

Property Description

This 4-family truly shines! All four units have been updated with new flooring, fresh paint, updated lighting, and bathrooms. Each unit also features stainless steel appliances less than five years old, including a dishwasher, microwave, electric stove, and refrigerator. The property features two spacious multi-level 4-bedroom, 2-full-bath units, plus two 1-bedroom, 1-bath units. Fully rented with great-paying tenants, this turnkey investment is ready to perform from day one. Tenants pay their own utilities, and electric heat helps keep owner maintenance simple. Coin-operated laundry provides additional income. And there's more - a large 3-car garage that is currently unused, offering even more potential. Use it for your own storage or explore the opportunity to generate additional income from an already income-producing property. Fully occupied, updated throughout, low owner utility responsibility, additional laundry income, and untapped garage potential - 78 West St. is ready for its next investor. Conveniently situated 10 minutes from Niantic & Groton, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports.

Additional Information

Taxes
$4,827
Lot Size
4,791
Heating
Baseboard
Cooling System Type
None
Water Source
Public
Basement
None
Elementary School
Per Board of Ed
High School
New London

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Calculator source: Real Geeks

Listing courtesy of Ferdinand Giacinto from RE/MAX on the Bay. (860) 912-0694 (860) 739-0888

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