78 West Street

multifamily

78 West Street

New London, Connecticut 6320

Price

$825,000

Price/SF

$321.26/SF

Building Size

2,568 SF

Lot Size

0.11 acres

Year Built

1890

Units

4

Property Description

This 4-family truly shines! All four units have been updated with new flooring, fresh paint, updated lighting, and bathrooms. Each unit also features stainless steel appliances less than five years old, including a dishwasher, microwave, electric stove, and refrigerator. The property features two spacious multi-level 4-bedroom, 2-full-bath units, plus two 1-bedroom, 1-bath units. Fully rented with great-paying tenants, this turnkey investment is ready to perform from day one. Tenants pay their own utilities, and electric heat helps keep owner maintenance simple. Coin-operated laundry provides additional income. And there's more - a large 3-car garage that is currently unused, offering even more potential. Use it for your own storage or explore the opportunity to generate additional income from an already income-producing property. Fully occupied, updated throughout, low owner utility responsibility, additional laundry income, and untapped garage potential - 78 West St. is ready for its next investor. Conveniently situated 10 minutes from Niantic & Groton, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports.

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Additional Details

Zoning

R-2

MLS Number

24202699

Property ID

5793789c-83dd-4112-908c-87e39bf188a5

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MLS Information

MLS#: 24202699

Listed by: RE/MAX on the Bay

Agent: Ferdinand Giacinto • (860) 912-0694 • fjgiacinto@gmail.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

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