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14 Franklin

New London, CT 06320

6 beds
4 baths
2,804 sqft
3,485 sqft lot
$161 per sqft
1870 build
– on site

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CALLING ALL INVESTORS, this AMAZING INCOME PRODUCING 4-FAMILY is ready to be added to your portfolio! 7.7% Proforma CAP rate! Two units are 2 bedrooms, one bathroom, while the other two units are 1 bedroom and 1 bathroom with partial hardwood floors! The property features a laundry room with coin operated washer and dryers. It's in a great, convenient location, only 5 minutes to Lawrence + Memorial Hospital, 4 minutes to General Dynamics / Electric Boat New London, and 7 minutes to Mitchell College!

Listing courtesy of SMART_MLS / Rebecca Missios / RE/MAX Coast and Country

Last checked: Checking… • Last updated Nov 1, 2024 •

MLS# 170623642 —

The Building

Year Built:

1870
Year Built Source:

Public Records
New Construction Type:

No/Resale
Style:

Units on different Floors
Roof Information:

Asphalt Shingle
Attic:

Yes
Exterior Siding:

Vinyl Siding
Foundation Type:

Block
Basement Description:

Full
Exterior Features:

Balcony, Covered Deck, Porch
SqFt Total:

2804
SqFt Est Heated Above Grade:

2804

Interior

Laundry Room:

Coin Op Laundry
Laundry Room Location:

laundry room

Room Dimensions

Living Area SqFt Per Public Record:

2804

Location

Directions:

GPS FRIENDLY
Neighborhood:

N/A

The Property

Parcel Number:

2000245
Property Type:

Multi-Family For Sale
Property Subtype:

4 Family
Zoning:

R-3
Acres:

0.08
Acres Source:

Public Records
Lot Description:

N/A

Listing Agent

Contact info:

Taxes

Property Taxes:

5758

Beds

Beds Total:

6

Baths

Total Baths:

4
Full Baths:

4

The Listing

No
Virtual Showing:

No
Home Warranty Offered:

Yes

Heating & Cooling

Heat Type:

Steam
Heat Fuel Type:

Natural Gas
Cooling System:

Ceiling Fans

Utilities

Water Source:

Public Water Connected
Sewage System:

Public Sewer Connected

Schools

Elementary School:

C. B. Jennings
High School:

New London

The Community

Nearby Amenities:

Basketball Court, Library, Medical Facilities, Park, Playground/Tot Lot, Tennis Courts
Swimming Pool:

No
Direct Waterfront:

No
Waterfront Description:

Not Applicable

Parking

Garage/Parking:

On Street Parking

Explore the Area

My Commute

From

Sale history

Date	Event	Source	Price	% Change
3/18/24 Mar 18, 2024	Sold	SMART_MLS	$454,000	-3.2%
2/9/24 Feb 9, 2024	Listed / Active	SMART_MLS	$469,000	469.3% (31.2% / YR)
1/26/09 Jan 26, 2009		SMART_MLS	$82,381

Multifamily Sold on 3/18/2024

$454,000

Listing provided by broker:

Rebecca Missios

RE/MAX Coast and Country

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Listing Courtesy of: SMART_MLS and RE/MAX Coast and Country.

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.

14 Franklin

New London, CT 06320