Pending
Under Contract
171 Garfield Avenue
New London CT, 06320
$925,000
$144.87 per sqft
Pending
Under Contract
15 Beds
10 Baths
6,385 sqft
Multi-family
Built in 1875
Discover an exceptional investment opportunity with this historic eight-unit apartment building at 171 Garfield Ave, New London. Built in 1875 and renovated in 2003, this property blends timeless charm with modern amenities. Located in a prime area, it offers easy access to medical facilities, shopping, and public transportation. Each unit features modern conveniences, including baseboard heating and natural gas water heating. Managed by Blue Rock Property Group, the building is well-maintained and currently generates $9,400 monthly rent, with potential to increase to $11,500. With a low vacancy rate and strong rental market, this property is a lucrative addition to any investment portfolio
24029747
MLSⓇ ID
July 2, 2024
Listed
December 18, 2024
Updated
Map
171 Garfield Avenue
New London CT, 06320
Interior Features
Bedrooms
15
Total Bathrooms
10
Full Bathrooms
9
Half Bathrooms
1
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Electric, Natural Gas, Baseboard
Exterior/Building Features
Lot Size
0.53 Acres
Lot Features
Level
Architectual Style
Units on different Floors, Other
Roof
Asphalt
Sewer
Public Sewer
School Information
High School
Per Board of Ed
Elementary School
Per Board of Ed
Other Property Details
Area Name
N/A
Taxes
$11,184
Tax Frequency
Annually
Days on Market
18
Garage
No
Parking
None
View
No
County
New London
Water Source
Public
Pool
No
Zoning
R-2
Listing History
Date | Event | Price |
|---|---|---|
10/30/2024 | Pending | — |
7/20/2024 | Under contract | — |
Listed by Andrew O'Reilly with Seaport Real Estate Services
Listing Contact: 8606085065
The IDX display contains information sourced from the Smart MLS, Inc as of 12/18/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/18/2024 at 5:28 PM UTC