INVESTORS! $87,000 income! Dont let the exterior scare you. RENOVATED INTERIOR! Unit 1 (bottom right) tenant is a long term tenant. This unit has not been renovated and rent reflects this. All other units have been fully renovated including new carpets, new heating systems, and new kitchen cabinets with granite countertops. All tenants are current and pay on time. Property has a driveway on the right side, leading to a parking lot in the rear with a 3 bay detached garage. Potential to rent each bay out for $150/each to increase revenue. One bay is rented by a tenant. Please DO NOT bother the tenants! Can be sold together with 192 Shaw Street, New London MLS #170549453 ***Cap rate and potential increased rents make this a great opportunity for an investor!***
Off market
Zestimate®
$486,800
17 Franklin St, New London, CT 06320
11beds
3,952sqft
MultiFamily
Built in 1870
-- sqft lot
$486,800 Zestimate®
$123/sqft
$2,426 Estimated rent
Owner options
What's special
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$486,800
2% more+$9,736
With Zillow Showcase(estimated)$496,536