$225,000
SOLD DEC 8, 2023
5 Beds
2 Baths
1,910 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

5% Above List Price

4 Days on Market

Highlights

  • Property is near public transit
  • 1 Fireplace
  • Heating System Uses Steam
  • Attic
  • Public Transportation
  • 3-minute walk to Williams Memorial Park

About This Home

As of December 2023

Welcome to 82 Blackhall St, AN EXCELLENT INVESTMENT OPPORTUNITY in New London, CT! Investors, take note of this property stabilization opportunity, with the ability to turn this investment into an 8%+ CAP! This multi-family property offers a strategic advantage with one vacant unit, ideal for an owner-occupied buyer who can enjoy the benefits of home ownership while generating rental income. Savvy investors can stabilize the property and increase rental rates for maximum returns. The second floor is leased at $750.00/month on a written month-to-month basis, offering flexibility for the new owner. The second unit tenant is aware they may have to vacate or increase to market rent. All utilities are separate, with natural gas for heating ensuring low electric bills = a cost-effective for your tenants. The first-floor unit features 1-2 bedrooms and an open living/kitchen layout, providing a spacious unit. The second-floor unit offers 2-3 bedrooms, an open living room/kitchen, lwith a walk-up attic for additional storage. Both units have their own deck off the back of the house, offering room for relaxation and enjoyment. The private backyard is fenced in and slopes away from the house, providing a sense of privacy and tranquility within city limits. This is an exceptional opportunity to acquire a fabulous investment with potential for growth and increased returns. Don't miss out on this chance—schedule a viewing today!

Last Agent to Sell the Property

Stephanie Rush

RE/MAX Legends License #REB.0975065 Listed on: 11/05/2023

RE/MAX Legends

Last Buyer's Agent

Kathy Slufik

Coldwell Banker Realty License #RES.0812608

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 1870

Lot Details

  • 4,792 Sq Ft Lot

Home Design

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

Interior Spaces

  • 1,910 Sq Ft Home
  • 1 Fireplace
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • 4 Parking Spaces
  • Private Driveway

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $18,600

Listing and Financial Details

  • Assessor Parcel Number 2000129

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,625

Year Built

Built in 1870

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: 1910
  • Total Sq Ft: 1910
  • Year Built: 1870
  • New Construction: No/Resale
  • Nearby Amenities: Basketball Court, Health Club, Library, Medical Facilities, Park, Private School(s), Public Transportation, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3856
  • Directions: Per GPS, park in driveway to the left of house.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 1910
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Attic Description: Walk-up
  • Basement Description: Full With Walk-Out
  • Laundry Room Location: Basement
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 82

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved
  • Total Parking Spaces: 4
  • Garage And Parking: Paved, Off Street Parking, On Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • 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: 0.11
  • Lot Description: Secluded City Views Sloping Lot
  • Zoning: Duplex
  • Parcel #: 2000129

Multi Family

  • Gross Annual Income: 18600
  • Net Operating Income: 12275
  • Total Number Of Units: 2
  • Unit Count: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 2625
  • Total Assessed Value: 70490
  • Mil Rate Total: 37.24

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Dec 6, 2023
Sold by
Scalora Joshua D
Bought by
Batte Stephen D
Seller's Agent
Kathy Slufik
Coldwell Banker Realty
Buyer's Agent
Kathy Slufik
Coldwell Banker Realty
Sold Price
$1,300
Total Days on Market
4
Views
41
Current Estimated Value
$247,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,914
Avg. Annual Appreciation
9.05%
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $160,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Rented $1,300 0.0% --
12/11/2023 12/11/23 For Rent $1,300 0.0% --
12/08/2023 12/08/23 Sold $225,000 +4.7% $118 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $214,900 -- $113 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

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 $3,366 $122,400 $32,300 $90,100
2023 $2,625 $70,490 $13,510 $56,980
2022 $2,630 $70,490 $13,510 $56,980
2021 $2,675 $70,490 $13,510 $56,980
2020 $2,692 $70,490 $13,510 $56,980
2019 $2,813 $70,490 $13,510 $56,980
2018 $2,746 $62,790 $17,220 $45,570
2017 $2,779 $62,790 $17,220 $45,570
2016 $2,540 $62,790 $17,220 $45,570
2015 $2,480 $62,790 $17,220 $45,570
2014 $2,152 $62,790 $17,220 $45,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170597823

SmartMLS

APN: NLON-000029-000155-000012