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Sold for $160,000 on 06/26/23
  • $160,000

    61 Franklin Street, New London, CT 06320

    4beds
    2,340sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $367,900 Zestimate®
    $68/sqft
    $3,157 Estimated rent

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    $898/mo

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    $898/mo

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    What's special

    Four units are waiting for a new owner that can appreciate this investment opportunity. There is a nice parking area at rear of property to accommodate at least four cars after some clearing. The exterior will need some fix ups and paint. Roof is about 12 years old. Mandatory fire escape stairs is all steel. Heating is combination of baseboard hot water on 1st floor and space heaters on 2nd and 3rd floors. Gas hot water heaters and 100 amp circuit breaker panel are in the basement. Currently there is only one electric meter and electric is included in the tenant rents. This is a great chance to take over a multi family property in walking distance to downtown New London. Selling AS-IS. Note: lead base paint must be immediately remedied by a new owner. First showings evening of May 31.

    Zillow last checked: 8 hours ago

    Listing updated: June 28, 2023 at 02:58am

    Listed by:

    David Patton 860-625-5695,

    William Raveis Real Estate 860-536-2600

    Bought with:

    John Troland Jr., RES.0793858

    William Raveis Real Estate

    Source: Smart MLS,MLS#: 170546691MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Space Heater, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater
    • Laundry: None
    Features
    • Basement: Full
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 2,340
    • Total interior livable area: 2,340 sqft
    • Finished area above ground: 2,340
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Private, Shared Driveway
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 5,662 sqft
    • Features: Level
    Details
    • Parcel number: 2001170
    • Zoning: r3

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4updown - Unit(s) per Floor
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Shingle Siding, Asbestos
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Basketball Court, Library, Medical Facilities, Park, Near Public Transport, Shopping/Mall, Tennis Court(s)
    Location
    • Region: New London
    Sell with ease on Zillow
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    $367,900
    2% more+$7,358
    With Zillow Showcase(estimated)$375,258