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USACTNew LondonN/a19 Summer St
19 Summer St, Home with 6 bedrooms, 3 bathrooms and 7 parking in New London CT | Image 1
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$525,000

19 Summer St, New London, CT

Real Estate

For Sale

$--,---,---
637
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2738 sqft
Garage No
Taxes $5,429
Days Active 1
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $191
MLS® Number 24106926

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This fully occupied, cash-flowing three-family property in the heart of New London generates over $60, 000 in gross annual income, with an approximate net income of $55, 000 per year-making it a strong turnkey investment with room to grow. Each of the three spacious units features 2 bedrooms and 1 full bath, offering generous layouts that appeal to a wide range of tenants. Two units have been updated within the past year, and the building boasts a brand-new Gambrel-style roof with 30-year shingles for long-term durability. Located in a convenient and desirable area of New London, the property offers easy access to major highways, public transportation, downtown shops and restaurants, local colleges, and the waterfront-enhancing its rental appeal. Additional highlights include on-site laundry in the basement and plentiful private off-street parking. With the potential to increase income by updating the remaining unit, this property combines immediate cash flow with long-term upside in a growing coastal city known for strong rental demand and vibrant community life. Please come and take a look!Show Description
MLS® Number24106926
Laundry LevelBasement Hook-Up(s), Basement
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1900
BasementPartial
DrivewayNone, Paved, Off Street Parking, Driveway
Garage Spaces
HeatOil, Hot Water
A/CWall Unit
Heating Fuel

Extras

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