NOT LISTED FOR SALE

40-42 Eastern Ave New London, CT 06320

Riverside Neighborhood
5 Beds
2.5 Baths
2,075 Sq Ft
8,712 Sq Ft Lot Lot

Sale Details

Date Sold: November 5, 2024

Last sale price $475,000 $229 Per Sq Ft

19 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Tankless Water Heater
  • Balcony
  • Porch
  • 3-minute walk to Riverside Park

About This Home

As of November 2024

Attention all buyers and investor. Discover this unique 2 family. 2 separate properties on one lot plus an additional extra lot. 1first property a ranch and 2nd property two floor colonial style. Perfect for rental income or multi-generational living. Each property has its own separate utilities, including individual water, gas heating, sewer and electrical meters. Completely renovated from the frame. The 2-floor style unit present 3 bedrooms and 1 1/2-bathroom, full unfinish walkout basement. The ranch style unit present 2 bedrooms 1 Bathroom and half unfinished basement. Both properties boast open floor plans, new plumbing, electrical, gas heating boilers, new roof, new siding, new trex decking, new engineer hardwood floors, new appliances and elegant granite countertops in the bathrooms and kitchens. The properties also have an asphalt/concrete driveway to fit 8+ cars and a 596 ft 1 car garage. Parcel next to the ranch #2002486 will be sold and convey with property for $1. Don't miss this fantastic opportunity.

Last Agent to Sell the Property

Osvaldo Centeno

Leaf Realty Group, LLC License #RES.0802115 Listed on: 08/26/2024

Last Buyer's Agent

James Corby

RE/MAX One License #REB.0794596

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Stone Wall
  • Sloped Lot

Home Design

  • Stone Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,075 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Laundry in Basement

Parking

  • 1 Car Garage
  • Parking Deck
  • Private Driveway

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near bus stop

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2002487

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,296

Year Built

Built in 1890

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Neighborhood: Riverside Park
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 2075
  • Total Sq Ft: 2075
  • Year Built: 1890
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Medical Facilities, Park, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Partial, Full, Unfinished, Interior Access, Concrete Floor, Full With Walk-Out
  • Laundry Room Location: Basement
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 1, Hook-Up In Unit 2
  • Attic: No

Exterior Features

  • Exterior Features: Balcony, Sidewalk, Porch, Deck, Gutters, Lighting, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Slab, Stone
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Private, Paved, Cement
  • Total Parking Spaces: 8
  • Garage And Parking: Detached Garage, Paved, Parking Lot, Driveway

Utilities

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

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2
  • Lot Description: Sloping Lot
  • Zoning: R-2
  • Parcel #: 2002487

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4296

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed
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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 List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $475,000 -1.0% $229 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/14/2024 09/14/24 Price Changed $479,900 -4.0% $231 / Sq Ft
09/04/2024 09/04/24 For Sale $499,900 -- $241 / Sq Ft
Source: SmartMLS

Agents Affiliated with this Home

  • Osvaldo Centeno

    Seller's Agent in 2024

    Osvaldo Centeno

    Leaf Realty Group, LLC

    (860) 908-0611

    1 in this area

    34 Total Sales

    Osvaldo Centeno
    Section Image
  • James Corby

    Buyer's Agent in 2024

    James Corby

    RE/MAX

    (860) 865-8197

    1 in this area

    133 Total Sales

    James Corby
    Section Image
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Map

Source: SmartMLS

MLS Number: 24042297

SmartMLS
Connecticut New London County New London 06320 Riverside

40-42 Eastern Ave, New London, CT

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.

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