14 Franklin Street, New London, CT 06320

$454,000

Est. payment /mo

$469,000

3.2%
Est.Price: ?

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14 Franklin Street New London, CT 06320

6 Beds

4 Baths

2,804 SqFt

SOLD DATE : 03/18/2024

Key Details

Sold Price $454,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,804 sqft

Price per Sqft $161

MLS Listing ID 170623642

Sold Date 03/18/24

Style Units on different Floors

Bedrooms 6

Full Baths 4

Year Built 1870

Annual Tax Amount $5,758

Lot Size 3,484 Sqft

Property Sub-Type 4 Family

Property Description

CALLING ALL INVESTORS, this AMAZING INCOME PRODUCING 4-FAMILY is ready to be added to your portfolio! 7.7% Proforma CAP rate! Two units are 2 bedrooms, one bathroom, while the other two units are 1 bedroom and 1 bathroom with partial hardwood floors! The property features a laundry room with coin operated washer and dryers. It's in a great, convenient location, only 5 minutes to Lawrence + Memorial Hospital, 4 minutes to General Dynamics / Electric Boat New London, and 7 minutes to Mitchell College!

Location

State CT

County New London

Zoning R-3

Rooms

Basement Full

Interior

Heating Steam

Cooling Ceiling Fans

Exterior

Exterior Feature Balcony, Covered Deck, Porch

Parking Features On Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Foundation Block

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools C. B. Jennings

High Schools New London

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Amanda Girouard

Amanda Girouard

+1(860) 321-8080

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Rebecca Missios • RE/MAX Coast and Country
Bought with Stephen Girouard • CENTURY 21 Shutters & Sails

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