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!
Sold for $454,000 on 03/18/24
$454,000
14 Franklin Street, New London, CT 06320
6beds
2,804sqft
Multi Family
Built in 1870
-- sqft lot
$510,700 Zestimate®
$162/sqft
$3,744 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 18, 2024 at 10:53am
Listed by:
GREG BROADBENT TEAM,
Rebecca Missios 860-460-3651,
RE/MAX Coast and Country 860-536-7600,
Co-Listing Agent: Gregory Broadbent 860-460-6939,
RE/MAX Coast and Country
Bought with:
Stephen Girouard, RES.0813867
CENTURY 21 Shutters & Sails
Source: Smart MLS,MLS#: 170623642
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Steam, Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Gas Water Heater
- Laundry: Coin Op Laundry
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,804
- Total interior livable area: 2,804 sqft
- Finished area above ground: 2,804
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Porch
- Exterior features: Balcony
Lot
- Size: 3,484 sqft
Details
- Parcel number: 2000245
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1870
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Basketball Court, Library, Medical Facilities, Park, Playground, Tennis Court(s)
Location
- Region: New London
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$510,700
2% more+$10,214
With Zillow Showcase(estimated)$520,914