This is a great investment opportunity!! The building has been occupied with the same tenants for 4 years. The owner has made many updates to the units and has taken well care of the property. This building has 5 Units. Four 1 bedrooms, One 2 bedroom. There is currently no laundry on site but has potential to add in basement or storage room. Third floor unit newly renovated with all new flooring, painted, kitchen was updated 3 years ago. This house doesn't need much. Easy home to maintain with great tenants!Owner pays Heat/Hot Water! MUST SEE
Off market
Street View
Zestimate®
$525,600
40 Blackhall St, New London, CT 06320
6beds
3,676sqft
MultiFamily
Built in 1888
-- sqft lot
$525,600 Zestimate®
$143/sqft
$1,724 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Oil
Cooling
- None
Features
- Flooring: Concrete
- Basement: Unfinished, Dirt Floor, Concrete Floor
Interior area
- Total interior livable area: 3,676 sqft
Property
Features
- Patio & porch: Porch
- Exterior features: Vinyl
- Waterfront features: Not Applicable
Lot
- Size: 0.27 Acres
Details
- Zoning: C
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1888
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: New London
HOA & financial
Other financial information
- Total actual rent: 380000
Other
Other facts
- Sewer: Public Sewer
- Zoning: C
- Roof: Asphalt, Gable
- Heating: Oil, Steam
- Basement: Unfinished, Dirt Floor, Concrete Floor
- AssociationYN: 0
- HeatingYN: true
- CoolingYN: true
- ConstructionMaterials: Frame, Vinyl Siding
- NumberOfUnitsTotal: 5
- NumberOfUnitsInCommunity: 5
- OperatingExpense: 12000
- PatioAndPorchFeatures: Porch
- ParkingFeatures: Off Street, Paved, Parking Lot
- YearBuiltSource: Public Records
- FoundationDetails: Concrete
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- CommunityFeatures: Walk to Bus Lines, Public Transportation
- TotalActualRent: 380000.00
- MlsStatus: Active
- GrossIncome: 58980
- NetOperatingIncome: 46980
- TaxAnnualAmount: 6809
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$525,600
2% more+$10,512
With Zillow Showcase(estimated)$536,112