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Off market
  • $399,100

    77 Garfield Ave, New London, CT 06320

    6beds
    2,736sqft
    MultiFamily
    Built in 1893
    -- sqft lot
    $399,100 Zestimate®
    $146/sqft
    $2,093 Estimated rent

    Owner options

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    $2,093/mo

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    $2,093/mo

    Rent Zestimate®

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    $2,630/mo

    Est. payment

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    $2,630/mo

    Est. payment

    What's special

    Contact us directly or more information. The Bill Heenan Team. 8604609511 __________Wonderful Investment Opportunity!!! In New London on the Connecticut shoreline. 1st floor and 3rd floor have established, long term tenants! Well maintained property, low maintenance, with solid rental history, and a great annual income. Tenants pay separate heat, electricity, and hot water. All apartments are 2 bedroom and 1 full bath. 1st and 3rd floor have electric baseboard heat and electric hot water heaters. 2nd floor has natural gas-fired boiler with radiator heat and natural gas-fired hot water heater. 2nd floor is completely redone with all gleaming hard wood floors. In addition, the 2nd floor is also freshly painted as well as all of the common halls. Further, there is a coin-op washer and dryer in the laundry area in the basement with owner supplied hot water. Beyond this, there is shared interior basement access in the stairwell with bulkhead from rear yard. This property has the potential for $38,400 gross income when all units are rented. This property is being sold As-Is.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Electric, Gas
    Cooling
    • None
    Appliances
    • Laundry: Coin Op Laundry, washer/dryer require restart
    Features
    • Flooring: Concrete
    • Windows: Thermopane Windows
    • Basement: Partially finished
    • Attic: Access Panel
    Interior area
    • Total interior livable area: 2,736 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Patio & porch: Porch
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 6,534 sqft
    • Features: Level
    Details
    • Parcel number: NLONME12B0162L0012
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1893

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: New London

    HOA & financial

    Other financial information
    • Total actual rent: 197700

    Other

    Other facts
    • Sewer: Public Sewer
    • Heating: Baseboard, Electric, Natural Gas, Radiator
    • Roof: Asphalt
    • Basement: Unfinished, Full, Interior Entry, Concrete Floor
    • AssociationYN: 0
    • HeatingYN: true
    • CoolingYN: true
    • NumberOfUnitsTotal: 3
    • Zoning: R-2
    • ConstructionMaterials: Frame, Vinyl Siding
    • LotFeatures: Level
    • NumberOfUnitsInCommunity: 3
    • FoundationDetails: Stone, Brick/Mortar
    • GrossIncome: 28800
    • PatioAndPorchFeatures: Porch
    • ParkingFeatures: On Site
    • YearBuiltSource: Public Records
    • Attic: Access Panel
    • WindowFeatures: Thermopane Windows
    • WaterSewerExpense: 650
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • LaundryFeatures: Coin Op Laundry, washer/dryer require restart
    • ArchitecturalStyle: Units on different Floors
    • MlsStatus: Active
    • NetOperatingIncome: 19545
    • OperatingExpense: 9255
    • TotalActualRent: 197700.00
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
    $399,100
    2% more+$7,982
    With Zillow Showcase(estimated)$407,082