NOT LISTED FOR SALE

40 Franklin St Unit 4 New London, CT 06320

Coit Neighborhood
1 Bed
1 Bath
6,097 Sq Ft
0.65 Acres

Highlights

  • 0.65 Acre Lot
  • Heating System Uses Steam
  • 4-minute walk to Riverside Park Conservancy

About This Home

As of November 2023

Welcome to this lovely studio apartment with a bonus room, perfect for those who appreciate the charm of older homes. This first floor unit offers a cozy living space filled with character. Parking is hassle-free with designated off-street parking spots exclusively available to tenants. With heat included, you can enjoy a comfortable living environment without the worry of fluctuating utility costs. Residents will have access to shared laundry facilities. Outside, the property features a picturesque yard adorned with an array of beautiful perennials, creating a tranquil oasis perfect for relaxation and enjoyment.

Last Agent to Rent the Property

Dawn Field

RE/MAX on the Bay License #RES.0803342 Listed on: 09/16/2023

RE/MAX on the Bay

Last Renter's Agent

Dawn Field

RE/MAX on the Bay License #RES.0803342 Listed on: 09/16/2023

RE/MAX on the Bay

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1870

Lot Details

  • 0.65 Acre Lot

Interior Spaces

  • 1 Full Bathroom
  • 6,097 Sq Ft Home
  • Laundry in Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2000223

Community Details

Overview

  • 12 Units

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Apartment

Year Built

Built in 1870

Lot Details

0

Rental Info

  • Lease Price Description: Per Month
  • Pets Allowed: Restrictions
  • Rental Duration: Yearly Unfurnished
  • Smoking Allowed: No

Listing Details

  • Neighborhood: N/A
  • Property Type: Residential Rental
  • Style: Apartment
  • Sq Ft Est Heated Above Grade: 6097
  • Total Sq Ft: 6097
  • Year Built: 1870
  • New Construction: No/Resale
  • Remarks Public Addendum: Must fill out full application including credit, criminal background and eviction. Will also need photo ID and last 3 most recent paystubs. Small dog and cats allowed with a $300 non refundable pet deposit. Up to 2 pets. Credit score needs to be at least over a 600.
  • Property Sub Type: Multi-Family Rental
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 8579
  • Directions: GPS
  • Street Type: Street
  • Tenant Responsibility: CABLE,CREDIT,ELEC,HOTWTR,INOUT
  • Special Features: None

Interior Features

  • Room Count: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: None
  • Appliances: GASRNG,REFR
  • Laundry Room Location: basement
  • Laundry Room Info: COIN,COMMON
  • Attic: No

Exterior Features

  • Waterfront Description: Not Applicable
  • Swimming Pool: No

Garage/Parking

  • Garage And Parking: OFFST,ASSIGN

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.65
  • Zoning: R3
  • Parcel #: 2000223

Multi Family

  • Total Number Of Units: 12

MLS Schools

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
11/01/2023 11/01/23 Rented $1,125 -8.2% --
10/25/2023 10/25/23 Under Contract -- -- --
09/19/2023 09/19/23 Price Changed $1,225 -14.0% $0 / Sq Ft
09/16/2023 09/16/23 For Rent $1,425 +42.5% --
05/22/2023 05/22/23 Rented $1,000 0.0% --
04/19/2023 04/19/23 Under Contract -- -- --
03/29/2023 03/29/23 Price Changed $1,000 +5.3% $3 / Sq Ft
03/29/2023 03/29/23 For Rent $950 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dawn Field

    Landlord's Agent in 2023

    Dawn Field

    RE/MAX

    (860) 908-2512

    36 Total Sales

    Dawn Field
    Section Image
  • Toni Grady

    Seller's Agent in 2023

    Toni Grady

    IMT Realty

    (860) 235-4568

    11 Total Sales

    Toni Grady
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170598460

SmartMLS

APN: NLON M:F12 B:0168 L:0002

Connecticut New London County New London 06320 Coit

40 Franklin St Unit 4, New London, CT

Not Listed for Sale

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