LOWERED R.E.TAX! INVESTOR ALERT! THIS IS A TURN KEY POSITIVE CASH FLOW INCOME PROPERTY WITH LOW MAINTENANCE! Fully tenanted. Separate utilities. Owner has done many important improvements to both units, including electrical service and natural gas upgrade, new light fixtures, outlets, zoned electric heat, water heaters, updates to appliances, bathrooms, kitchens, flooring, some window replacements and general repairs, paint and maintenance. Not much else to do but collect the rents! SERIOUS, QUALIFIED INQUIRIES only please. This one is priced to sell!
Sold for $119,900 on 02/16/23
Street View
$119,900
49 Prest St, New London, CT 06320
4beds
1,408sqft
MultiFamily
Built in 1860
-- sqft lot
$293,900 Zestimate®
$85/sqft
$1,672 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Refrigerator
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 1,408 sqft
- Finished area below ground: 0
Property
Features
- Exterior features: Other
- Waterfront features: Not Applicable
Lot
- Size: 3,920 sqft
- Features: Level
Details
- Parcel number: NLONME13B0155L0023
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
Materials
- Roof: Asphalt
Condition
- Year built: 1860
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: New London
HOA & financial
Other financial information
- Total actual rent: 99000
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Electric, Zoned
- Roof: Asphalt
- Basement: Unfinished, Walk-Out Access
- Zoning: R
- HeatingYN: true
- NumberOfUnitsTotal: 2
- ConstructionMaterials: Frame, Other
- CurrentFinancing: Conventional
- LandLeaseAmountFrequency: Monthly
- NumberOfUnitsInCommunity: 2
- LotFeatures: Level
- FoundationDetails: Stone
- BelowGradeFinishedArea: 0
- ParkingFeatures: On Site
- YearBuiltSource: Public Records
- GrossIncome: 16320
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- TotalActualRent: 99000.00
- CommunityFeatures: Medical Facilities, Walk to Bus Lines, Public Transportation, Library, Commuter Bus
- ArchitecturalStyle: Units on different Floors
- NetOperatingIncome: 10245
- OperatingExpense: 6075
- CoListAgentEmail: beaconrealtysells@gmail.com
- CoListAgentFullName: Timothy F Sparen
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$293,900
2% more+$5,878
With Zillow Showcase(estimated)$299,778