171 Garfield
New London, CT 06320
- 15 beds
- 10 baths
- 6,385 sqft
- ~1/2 acre lot
- $133 per sqft
- 1875 build
- – on site
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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
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Last updated Jan 14, 2025
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MLS# 24029747 —
The Building
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Year Built:1875
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors, Other
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Roof Information:Asphalt Shingle
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Attic:No
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Exterior Siding:Asbestos
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Foundation Type:Concrete, Stone
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Basement Description:Full
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SqFt Total:6385
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SqFt Est Heated Above Grade:6385
Interior
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Laundry Room:None
Room Dimensions
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Living Area SqFt Per Public Record:6385
Location
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Directions:GPS Friendly
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Neighborhood:N/A
The Property
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Parcel Number:2000536
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Property Type:Multi-Family For Sale
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Property Subtype:5 Family+
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Zoning:R-2
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Acres:0.53
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Acres Source:Public Records
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Lot Description:Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (860) 245-9200
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:11184
Beds
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Beds Total:15
Baths
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Total Baths:10
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Full Baths:9
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Half Baths:1
The Listing
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Baseboard
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Heat Fuel Type:Electric, Natural Gas
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Cooling System:None
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Nearby Amenities:Medical Facilities, Public Rec Facilities, Public Transportation, Shopping/Mall
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage/Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/9/25
Jan 9, 2025
|
Sold | SMART_MLS | $850,000 | -8.1% |
|
7/20/24
Jul 20, 2024
|
Pending | SMART_MLS | $925,000 | |
|
7/2/24
Jul 2, 2024
|
Listed / Active | SMART_MLS | $925,000 |
