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For sale by owner
    • $700,000

    157 Crystal Ave, New London, CT 06320

    10beds
    4,159sqft
    : 
    MultiFamily
    Built in 1890
    -- sqft lot
    $491,100 Zestimate®
    $168/sqft
    $-- HOA

    What's special

    Coin-operated laundryNewer furnace
    This well-maintained 5-unit multi-family property at 157 Crystal Ave, New London, CT 06320 generates a strong monthly income of $10,000 (3 units at $1,250, 1 at $2,500, 1 at $3,750) and an annual NOI of $72,000. Recently appraised at $700,000 in June 2024, it features a newer furnace, coin-operated laundry for additional revenue, and a 3-car garage that can be rented out or used for storage. Perfect for investors seeking robust cash flow and stability!
    What the owner loves about this home
    This well-maintained 5-unit multi-family property at 157 Crystal Ave, New London, CT 06320 generates a strong monthly income of $10,000 (3 units at $1,250, 1 at $2,500, 1 at $3,750) and an annual NOI of $72,000. Recently appraised at $700,000 in June 2024, it features a newer furnace, coin-operated laundry for additional revenue, and a 3-car garage that can be rented out or used for storage. Perfect for investors seeking robust cash flow and stability!
    17 days
    on Zillow
    |
    576
    |
    25
    |
    Listed by:

    (860) 326-6094

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard, Electric, Gas, Oil
    Cooling
    • None
    Features
    • Flooring: Concrete
    • Basement: Unfinished, Dirt Floor, Full With Hatchway, Concrete Floor
    • Attic: Walk-up
    Interior area
    • Total interior livable area: 4,159 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Detached
    Features
    • Patio & porch: Porch
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: City
    • Waterfront features: Not Applicable
    Lot
    • Size: 9,147 Square Feet
    • Features: Level
    Details
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1890

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & HOA

    Location
    • Region: New London

    Financial & listing details

    • Price per square foot: $168/sqft
    • Annual tax amount: $6,261
    • Date on market: 4/9/2025
    • Total actual rent: 349900
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