Address
14 Franklin Street, New London, CT
Price
$ 469,000
Property Attributes
  • MLS#170623642
  • TypePending
  • CountyNEW LONDON
  • CityNew London
  • Zip06320
  • StyleUnits on different Floors
  • Price$ 469,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2804
  • Lot Size3,485 SqFt
Data Source:
Smart MLS
Property Description

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!

Elementary School High School
C. B. Jennings Elementary School New London High School
Price History
2/9/2024 Listed $469,000

General Features

Exterior Features Balcony,Covered Deck,Porch
Zoning R-3
Full Baths 4
Year Built 1870
Neighborhood N/A
Style Units on different Floors
Heater Type Steam
County New London
Property SubType 4 Family
Property Type Multi-Family For Sale
Status Under Contract
Acres 0.08
Directions GPS FRIENDLY
High School New London
City New London
Street Name Franklin
Elementary School C. B. Jennings
Sq Ft Total 2804
DOM 6
Year Built Source Public Records

Interior Features

Cooling System Ceiling Fans
Basement Description Full
Hot Water Natural Gas
Total Bathrooms 4
Total Bedrooms 6
Total Number of Units 4

Exterior Features

Water Source Public Water Connected
Garage Parking On Street Parking
Lot Description N/A
WaterfrontDescription Not Applicable

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 06320

Price
AVG $230K
$470K
Visits
AVG 94
11
Data Provided by Inside Real Estate®
Year Built
AVG 1918
1870