$875,000
SOLD MAY 12, 2025

20 Garvin St New London, CT 06320

Coit Neighborhood
12 Beds
8 Baths
6,561 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$133 Per Sq Ft

8% Below List Price

115 Days on Market

Highlights

  • 0.2 Acre Lot
  • Baseboard Heating
  • 5-minute walk to Riverside Park Conservancy
  • Smart Appliances

About This Home

As of May 2025

Welcome to 20 Garvin St., a pristine 8-unit multifamily property offering a solid income stream. This well-maintained, fully occupied building is a prime opportunity for investors looking for a hassle-free addition to their portfolio. Key features include: Separately metered electric heat and hot water - tenants manage their own utilities, reducing landlord responsibilities. Updated roof, windows, siding, and driveway - recent upgrades ensure minimal maintenance and long-term value. Fully occupied units - an income-producing asset from day one. Don't miss out on this fantastic turnkey investment opportunity in a vibrant and growing community.

Last Agent to Sell the Property

Kristin Davis

Berkshire Hathaway NE Prop. License #RES.0813688 Listed on: 01/10/2025

Berkshire Hathaway NE Prop.

Last Buyer's Agent

Erin McNamara

RE/MAX on the Bay License #RES.0800345

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,091

Year Built

  • Built in 1870

Parking

  • 12 Parking Spaces

Home Design

  • 6,561 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Schools

  • Dover Jackson Middle School
  • New London High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Smart Appliances
  • 8,712 Sq Ft Lot

Community Details

  • 8 Units
  • Gross Income $100,500

Listing and Financial Details

  • Assessor Parcel Number 2000222

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,091

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 6561
  • Total Sq Ft: 6561
  • Year Built: 1870
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 6561
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 8
  • Full Bathrooms: 8
  • Basement Description: None
  • Laundry Room Info: None
  • Attic: No
  • Home Automation: Appliances
  • Street Number Modifier: 20

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 12
  • Garage And Parking: None, Parking Lot

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Dover Jackson
  • High School: New London
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2
  • Lot Description: City Views Level Lot
  • Zoning: R-3
  • Parcel #: 2000222

Multi Family

  • Gross Annual Income: 100500
  • Net Operating Income: 76280
  • Total Number Of Units: 8

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 11091
  • Total Assessed Value: 403300
  • Mil Rate Total: 27.5

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Dover Jackson
  • High School: New London

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $875,000 -7.9% $133 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $950,000 0.0% $145 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $950,000 -- $145 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kristin Davis

    Seller's Agent in 2025

    Kristin Davis

    Berkshire Hathaway Home Services

    (860) 281-4666

    1 in this area

    74 Total Sales

    Kristin Davis
    Section Image
  • Erin McNamara

    Buyer's Agent in 2025

    Erin McNamara

    RE/MAX

    (860) 912-3820

    2 in this area

    76 Total Sales

    Erin McNamara
    Section Image
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Map

Source: SmartMLS

MLS Number: 24068042

SmartMLS
Connecticut New London County New London 06320 Coit

20 Garvin St, New London, CT

This home is located at 20 Garvin St, New London, CT 06320 and is currently priced at $875,000, approximately $133 per square foot. This property was built in 1870. 20 Garvin St is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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