$289,900 ($150.99 per sqft)

Under Contract

Est. Mortgage $1,485/mo *

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23 Steward Street, New London, CT, 06320

23 Steward Street, New London, CT, 06320
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11 rooms

5 beds

3 Full baths

1900

Units on different Floors

1,920 sqft

Fully rented 2-Family investment opportunity in New London. Investors take notice, this is a value-add potential property! This income-producing 2-family property in New London has both units that are fully rented with month-to-month tenants paying below-market rents, offering significant upside potential. Unit 1: 2-bedroom, 1-bathroom in decent condition, with room for value-add improvements. Unit 2: A spacious 3-bedroom, 2-bathroom unit spanning the second and third floors, boasting over 1,500 sq. ft. of living space. With room for value-add improvements. Modernized Systems: Separate electric and heating for each unit, with forced hot air heating and central air-updated within the last 7 years. This property presents a strong opportunity for appreciation and cash flow growth with immediate short term cash flow.

Status:

Under Contract

Type:

Multi-family

Laundry Remarks:

Basement Hook-Up(s)

Units:

2

Zoning:

R-2

Garage:

None, Paved, Driveway

Heating:

Hot Air

Cooling:

Central Air

Basement:

Full, Unfinished, Interior Access

Parking:

4-car

Acreage:

0.09

Est. Taxes:

$3,872

Assessment

$140,800

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

New London

Days on Market:

5

MLS #:

24075194

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of James Corby, Real Broker CT, LLC Email: jamescorbyrealtor@gmail.com