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For sale
  • $389,000

    42 Spring Street, New London, CT 06320

    4beds
    1,760sqft
    : 
    Multi Family
    Built in 1906
    -- sqft lot
    $386,100 Zestimate®
    $221/sqft
    $-- HOA

    What's special

    Generous living spaceUpdated kitchen and bathUpdated windows and sidingSpacious eat-in kitchenKitchen upgradesBright one-bedroom layoutFilled with natural light
    Welcome to 42 Spring Street, a turnkey two-family home and strong income-producing opportunity. Whether you rent both units or live in one and rent the other, this property offers real income and long-term value. The detached garage has its own electric meter and can be rented separately, providing an additional income source. Very well maintained and filled with natural light, this home is truly move-in ready. Unit 1 (first floor) offers a bright one-bedroom layout with a spacious eat-in kitchen, a comfortable living room, and an updated kitchen and bath. Unit 2 combines the second and third floors and features three spacious bedrooms with good closet space, a large eat-in kitchen, and a full bath. The upper unit includes kitchen upgrades and generous living space. Each unit has its own gas and electric meters, with gas heat and hot water serving each unit independently. Updates include a roof approximately 8 years old, updated windows and siding, and LED lighting throughout both units, inside and outside. The basement is clean, well maintained, and uncluttered. Enjoy a welcoming front porch, perfect for sitting and relaxing, plus a partially fenced backyard ideal for outdoor enjoyment. Conveniently located near Electric Boat, the Coast Guard Academy, Connecticut College, Pfizer, the train station, and the beach. An excellent opportunity for owner-occupants or investors.
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    Zillow last checked: 8 hours ago

    Listing updated: January 29, 2026 at 12:07pm

    Listed by:

    Angela Espinoza (860)250-5794,

    CT Homes Real Estate 860-250-5794

    Source: Smart MLS,MLS#: 24151496MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Water Heater
    • Laundry: In Unit
    Features
    • Basement: Full,Unfinished
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,760
    • Total interior livable area: 1,760 sqft
    • Finished area above ground: 1,760

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached, Paved, Off Street, Driveway
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Lot
    • Size: 4,791.6 Square Feet
    Details
    • Parcel number: 1999467
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Asbestos
    • Foundation: Brick/Mortar, Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1906

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park, Public Rec Facilities, Near Public Transport
    HOA
    • Has HOA: No
    Location
    • Region: New London

    Financial & listing details

    • Price per square foot: $221/sqft
    • Tax assessed value: $122,800
    • Annual tax amount: $3,340
    • Date on market: 1/29/2026
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $386,100

    $367,000 - $405,000

    $1,713/mo

    Price history

    Price history
    DateEventPrice
    1/29/2026Listed for sale$389,000+76.8%$221/sqft
    Source: Smart MLS #24151496 Report a problem
    6/17/2025Sold$220,000-15.1%$125/sqft
    Source: Smart MLS #24096204 Report a problem
    6/2/2025Pending sale$259,000$147/sqft
    Source: Smart MLS #24096204 Report a problem
    5/16/2025Listed for sale$259,000+99.2%$147/sqft
    Source: Smart MLS #24096204 Report a problem
    10/30/2003Sold$130,000$74/sqft
    Source: Smart MLS #E138601 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$3,340 -1.1%$122,800
    2024$3,377 +8.9%$122,800 +47.4%
    2023$3,102 -0.2%$83,300

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,561/mo
    Principal & interest
    $1887
    Property taxes
    $538
    Home insurance
    $136

      Climate risks

      Neighborhood: 06320

      Nearby schools

      GreatSchools rating

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