209 Pequot Ave New London, CT 06320
South New London NeighborhoodEstimated payment $4,016/month
Total Views
66,890
6
Beds
4
Baths
2,190
Sq Ft
$274
Price per Sq Ft
Highlights
- Waterfront
- Property is near public transit
- Hot Water Heating System
- 0.4 Acre Lot
- Tankless Water Heater
- 3-minute walk to Green Harbor Park
About This Home
Exceptional investment opportunity in a prime New London location-this well-maintained, income-producing two-family home offers strong rental potential, a partially finished basement apartment, and significant recent upgrades including new electrical throughout and brand-new boilers. The spacious first-floor unit features four bedrooms and three full bathrooms, hardwood flooring, a classic stone fireplace, and a large living room filled with natural light. Tenants will enjoy access to a beautiful front porch offering exceptional water views-an appealing feature for long-term or short-term renters. The second-floor unit includes two bedrooms, one bathroom, another stone fireplace, and hardwood floors throughout, providing a warm and comfortable living space. The lower level includes a partially finished apartment, presenting additional income potential or flexibility for extended tenant use. Situated on a generous 0.40-acre lot, the property includes an antique potting shed and a detached five-car garage-ideal for tenant storage, workshop space, or additional rental income. Location, versatility, and key mechanical upgrades, this multi-family property is a valuable addition to any investor's portfolio. Don't miss this outstanding opportunity. Proximity to key institutions such as the U.S. Coast Guard Academy, Connecticut College, and Pfizer supports consistent occupancy and long-term investment stability.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,777
Year Built
- Built in 1880
Lot Details
- 0.4 Acre Lot
- Waterfront
Parking
- 5 Car Garage
Home Design
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 2,190 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Location
- Property is near public transit
- Property is near shops
- Property is near a golf course
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Hot Water Circulator
Community Details
- 2 Units
- Gross Income $42,000
Listing and Financial Details
- Assessor Parcel Number 1997867
Map
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Home Values in the Area
Average Home Value in this Area
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 | $8,777 | $322,700 | $180,200 | $142,500 |
| 2024 | $8,874 | $322,700 | $180,200 | $142,500 |
| 2023 | $7,555 | $202,860 | $115,850 | $87,010 |
| 2022 | $7,569 | $202,860 | $115,850 | $87,010 |
| 2021 | $7,699 | $202,860 | $115,850 | $87,010 |
| 2020 | $7,747 | $202,860 | $115,850 | $87,010 |
| 2019 | $8,094 | $202,860 | $115,850 | $87,010 |
| 2018 | $8,157 | $186,480 | $115,850 | $70,630 |
| 2017 | $8,254 | $186,480 | $115,850 | $70,630 |
| 2016 | $7,545 | $186,480 | $115,850 | $70,630 |
| 2015 | $7,364 | $186,480 | $115,850 | $70,630 |
| 2014 | $6,391 | $186,480 | $115,850 | $70,630 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $599,925 | +33.3% | $274 / Sq Ft |
| 04/02/2024 04/02/24 | Sold | $450,000 | -24.4% | $205 / Sq Ft |
| 12/11/2023 12/11/23 | For Sale | $595,000 | 0.0% | $272 / Sq Ft |
| 08/01/2020 08/01/20 | Rented | $2,550 | +30.8% | -- |
| 07/24/2020 07/24/20 | Under Contract | -- | -- | -- |
| 05/25/2020 05/25/20 | Price Changed | $1,950 | -9.3% | $1 / Sq Ft |
| 05/19/2020 05/19/20 | Price Changed | $2,150 | -15.7% | $2 / Sq Ft |
| 04/08/2020 04/08/20 | For Rent | $2,550 | +121.7% | -- |
| 06/04/2018 06/04/18 | Rented | $1,150 | 0.0% | -- |
| 05/14/2018 05/14/18 | Price Changed | $1,150 | -8.0% | $1 / Sq Ft |
| 02/27/2018 02/27/18 | For Rent | $1,250 | 0.0% | -- |
| 11/22/2017 11/22/17 | Sold | $215,000 | -10.4% | $98 / Sq Ft |
| 07/11/2017 07/11/17 | Pending | -- | -- | -- |
| 06/27/2017 06/27/17 | Price Changed | $239,900 | -4.0% | $110 / Sq Ft |
| 04/10/2017 04/10/17 | For Sale | $249,900 | -- | $114 / Sq Ft |
Source: SmartMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $450,000 | None Available | |
| Warranty Deed | $450,000 | None Available | |
| Warranty Deed | $450,000 | None Available | |
| Warranty Deed | $215,000 | -- | |
| Warranty Deed | $215,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Executors Deed | $199,900 | -- | |
| Executors Deed | $199,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $150,000 | Purchase Money Mortgage | |
| Closed | $150,000 | Purchase Money Mortgage | |
| Previous Owner | $203,500 | No Value Available | |
| Previous Owner | $220,000 | No Value Available |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with Five stars realty Hartford CT and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Jason's Other Listings
Source: SmartMLS
MLS Number: 24100879
APN: NLON-000016-000066-000013
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