$595,000

Estimated payment $4,610/month

Total Views 2,322
8 Beds
4 Baths
5,362 Sq Ft
$111 Price per Sq Ft

Highlights

  • Popular Property
  • Heating System Uses Steam
  • Level Lot
  • Tankless Water Heater

About This Home

Welcome to this beautiful, architectural gem near Downtown, in one of the most desired neighborhoods in New London County. The property consists of four 2 Bedroom units yielding ~$6k per month, with strong upside. There is a detached 2 car garage, brand new combo heat/hot water systems for all 4 units and a large parking lot with more than enough parking for all tenants. All utilities are tenant paid, and property is fully occupied. This WON'T last, so call today. First OPEN HOUSE scheduled for this Saturday (8/9) from 1-2:30pm. See you there

Listing Agent

Anthony Velez

VC Property Group, LLC License #REB.0795536 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,241

Year Built

  • Built in 1860

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 5,362 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2032548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,241

Year Built

Built in 1860

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: 5362
  • Total Sq Ft: 5362
  • Year Built: 1860
  • New Construction: No/Resale
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Directions: Call Agent
  • Living Area Sq Ft Per Public Record: 5362
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 221

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.29
  • Lot Description: Level Lot
  • Zoning: MF
  • Parcel #: 2032548

Multi Family

  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 16241
  • Total Assessed Value: 401300
  • Mil Rate Total: 40.47

MLS Schools

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

Map

Range of Values:

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Average Value
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Sold Price
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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 $16,241 $401,300 $32,600 $368,700
2024 $15,330 $401,300 $32,600 $368,700
2023 $9,392 $193,100 $34,400 $158,700
2022 $9,361 $193,100 $34,400 $158,700
2021 $9,392 $193,100 $34,400 $158,700
2020 $9,360 $193,100 $34,400 $158,700
2019 $9,267 $193,100 $34,400 $158,700
2018 $8,807 $182,000 $32,200 $149,800
2017 $8,871 $182,000 $32,200 $149,800
2016 $8,929 $182,000 $32,200 $149,800
2015 $8,747 $182,000 $32,200 $149,800
2014 $8,359 $182,000 $32,200 $149,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $595,000 +43.6% $111 / Sq Ft
06/08/2023 06/08/23 Sold $414,276 -73.3% $77 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $1,550,000 +400.0% $289 / Sq Ft
10/04/2019 10/04/19 Sold $310,000 -11.3% $58 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $349,500 +39.8% $65 / Sq Ft
12/03/2012 12/03/12 Sold $250,000 -24.2% $42 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $329,900 -- $56 / Sq Ft
Source: SmartMLS

About the Listing Agent

Anthony Velez

VC Property Group, LLC

(860) 901-2089

Section Image

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Source: SmartMLS

MLS Number: 24117907

SmartMLS

APN: NORW 0083700001