$398,500

2 Faye St New London, CT 06320

Estimated payment $2,568/month

Total Views 821
4 Beds
2 Baths
2,850 Sq Ft
$140 Price per Sq Ft

Highlights

  • Property is near public transit
  • Attic
  • Thermal Windows
  • Finished Attic
  • 2 Fireplaces
  • Enclosed Patio or Porch

About This Home

INVESTOR ALERT! Spacious Craftsman style multi-family with large detached garage and separate utilities on a quiet street. Off-street parking, private entrances to each of the 2 bedroom/1 bath units. Classic architectural details include unique trim, patterned hardwood flooring, fireplaces in each unit and some built-ins. Both kitchens have been updated with laundry hookups, most windows have been replaced, newer roofs on house and garage, and improvements to exterior chimney and stucco. The finished 3rd floor has three rooms, with a bathroom. The 3rd floor kitchen was removed by the owners about 15 - 20 years ago. Prior to that time, it was rented as a 3rd unit. There is no second egress for that unit and any potential uses for that area are subject to New London Zoning Regulations. Property is being sold "AS-IS"

Listing Agent

Amy Visciglia

Beacon Realty Group LLC License #REB.0790992 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,760

Year Built

  • Built in 1910

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 2,850 Sq Ft Home
  • 2 Fireplaces
  • Thermal Windows
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Walkup Attic
  • Finished Attic

Parking

  • 2 Car Garage
  • Driveway

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Additional Features

  • Enclosed Patio or Porch
  • 4,792 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: 2 washers and 2 dryers
  • Assessor Parcel Number 1999199

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,760

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2850
  • Total Sq Ft: 2850
  • Year Built: 1910
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Park, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Exclusions: 2 washers and 2 dryers
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Route 1(upper Bank Street), to Faye Street (no outlet). GPS Friendly. Property is on the left.
  • Living Area Sq Ft Per Public Record: 2850
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Attic Description: Heated, Finished, Floored, Walk-up
  • Basement Description: Full, Unfinished, Concrete Floor, Full With Hatchway
  • Laundry Room Location: connected to kitchens
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 2

Exterior Features

  • Exterior Features: Porch-Enclosed, Porch
  • Exterior Siding: Stucco
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Masonry, Stucco

Garage/Parking

  • Garages Number: 2
  • Driveway Type: Paved, Asphalt
  • Total Parking Spaces: 4
  • Garage And Parking: Detached Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Radiator, Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected, Other

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.11
  • Lot Description: Secluded Level Lot On Cul-De-Sac
  • Zoning: LI-O
  • Parcel #: 1999199

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 4760
  • Total Assessed Value: 175000
  • Mil Rate Total: 27.2

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,760 $175,000 $40,000 $135,000
2024 $4,813 $175,000 $40,000 $135,000
2023 $4,359 $117,040 $31,920 $85,120
2022 $4,367 $117,040 $31,920 $85,120
2021 $4,442 $117,040 $31,920 $85,120
2020 $4,470 $117,040 $31,920 $85,120
2019 $4,670 $117,040 $31,920 $85,120
2018 $4,323 $98,840 $30,730 $68,110
2017 $4,375 $98,840 $30,730 $68,110
2016 $3,999 $98,840 $30,730 $68,110
2015 $3,903 $98,840 $30,730 $68,110
2014 $3,387 $98,840 $30,730 $68,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $398,500 -- $140 / Sq Ft
Source: SmartMLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $129,544 No Value Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24119732

SmartMLS

APN: NLON-000023-000118-000149