$475,000
COMING SOON

Estimated payment $2,979/month

8 Beds
3 Baths
3,799 Sq Ft
7,841 Sq Ft Lot

Highlights

  • City View
  • Finished Attic
  • Balcony
  • Property is near public transit
  • Attic
  • Thermal Windows

About This Home

Don't miss this rare opportunity to own one of the largest multi-family homes in the heart of New London, offering nearly 4,000 square feet of living space. Whether you're an investor or an owner-occupant, this property offers unmatched space, flexibility, and peace of mind with major updates already completed. This mechanically sound home features a brand new 30-year roof, two new electric hot water heaters, new oil tanks, vinyl siding, and vinyl replacement windows providing low maintenance living and long-term value. Each of the two spacious units boasts generous layouts, and the fully finished third floor adds even more versatility. While not a legal apartment, it includes two additional bedrooms and a full bath, making it perfect for extended family, a home office, or bonus living space. Conveniently located less than 5 minutes from major employers such as General Dynamics Electric Boat and Lawrence + Memorial Hospital, and just minutes from New London's vibrant downtown, shopping, waterfront dining, and the iconic Ocean Beach Park. Now is an amazing time to own a piece of shoreline property. Call to schedule your own private showing today!

Listing Agent

Jarrad Horsley

RE/MAX One License #RES.0814527

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,839

Year Built

  • Built in 1919

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,799 Sq Ft Home
  • Thermal Windows
  • City Views
  • Basement Fills Entire Space Under The House
  • Smart Thermostat

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Attic

  • Walkup Attic
  • Finished Attic

Parking

  • 2 Parking Spaces
  • Private Driveway

Outdoor Features

  • Balcony
  • Covered Deck

Location

  • Property is near public transit
  • Property is near shops

Schools

  • New London High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater
  • Fuel Tank Located in Basement

Listing and Financial Details

  • Assessor Parcel Number 1999520

Community Details

Overview

  • 2 Units

Amenities

  • Public Transportation
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,839

Year Built

Built in 1919

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: 3799
  • Total Sq Ft: 3799
  • Year Built: 1919
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: GPS Friendly. Expect to park on the street.
  • Living Area Sq Ft Per Public Record: 2526
  • Street Type: Street
  • Special Features: ComingSoon

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Attic Description: Heated, Finished, Walk-up
  • Basement Description: Full, Full With Hatchway
  • Laundry Room Location: Laundry hook ups located in basement
  • Laundry Room Info: Basement Hook-Up(s), Common Laundry Area
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 65
  • Other SqFt Description: Sq/Ft description includes 1st, 2nd & 3rd floor. Town card does not reflect information properly.

Exterior Features

  • Exterior Features: Balcony, Sidewalk, Covered Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved, Asphalt
  • Total Parking Spaces: 2
  • Garage And Parking: None, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.18
  • Lot Description: City Views
  • Flood Zone: No
  • Zoning: R-2
  • Parcel #: 1999520

Multi Family

  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 3839
  • Total Assessed Value: 139600
  • Mil Rate Total: 27.5

MLS Schools

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

Map

Range of Values:

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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
2024 $3,839 $139,600 $32,100 $107,500
2023 $3,477 $93,380 $25,620 $67,760
2022 $3,484 $93,380 $25,620 $67,760
2021 $3,544 $93,380 $25,620 $67,760
2020 $3,566 $93,380 $25,620 $67,760
2019 $3,726 $93,380 $25,620 $67,760
2018 $3,487 $79,730 $25,620 $54,110
2017 $3,529 $79,730 $25,620 $54,110
2016 $3,226 $79,730 $25,620 $54,110
2015 $3,149 $79,730 $25,620 $54,110
2014 $2,732 $79,730 $25,620 $54,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $215,500 +13.5% $67 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $189,900 0.0% $59 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $189,900 0.0% $59 / Sq Ft
06/01/2020 06/01/20 Rented $1,100 -8.3% --
01/20/2020 01/20/20 Under Contract -- -- --
12/13/2019 12/13/19 For Rent $1,200 0.0% --
12/11/2019 12/11/19 Under Contract -- -- --
11/24/2019 11/24/19 For Rent $1,200 -- --
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $215,500 None Available
Foreclosure Deed -- --
Foreclosure Deed -- --
Warranty Deed $236,900 --
Warranty Deed $236,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,596 FHA
Closed $211,596 FHA
Previous Owner $100,000 No Value Available
Previous Owner $189,520 Purchase Money Mortgage
Previous Owner $47,380 No Value Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24097472

SmartMLS

APN: NLON-000025-000126-000040