multifamily
97 & 107 Green Street
New London, Connecticut 6320
Price
$695,000
Price/SF
$231.36/SF
Building Size
3,004 SF
Lot Size
0.06 acres
Year Built
1920
NOI
$52,219
Units
6
Property Description
Located in downtown New London, 97 & 107 Green St presents an excellent opportunity to own a cash-flowing multifamily property in one of Connecticut's strongest rental markets. The property provides investors with exposure to major economic drivers, including General Dynamics Electric Boat, Pfizer, Lawrence + Memorial Hospital, the U.S. Coast Guard Academy, Mitchell College, Connecticut College, and many more. The property is located just minutes from the Cross Sound Ferry and New London's Union Train Station, while offering convenient access to the city's downtown business district, waterfront, neighborhood retail corridors, and surrounding residential areas. The property also benefits from strong connectivity to major regional routes, including Route 32, Route 12, and Interstate 95, providing efficient access throughout southeastern Connecticut and convenient connections to Norwich, Groton, and the broader New London-Norwich area. 97 Green St is a three-story brick building containing four (4) 1-bedroom/1-bathroom units and two (2) Studio units, with 3,004 square feet of gross living area within 4,000 square feet of gross area. 97 Green St is situated on a 0.06-acre parcel. 107 Green St offers 10 off-street parking spaces on a private 0.09-acre lot adjacent to the building. 107 Green St Parcel ID: 4557
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Additional Details
Zoning
CBD-2
MLS Number
24211716
Property ID
fdf75c5d-7466-4650-9292-f3119e2b78c8
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MLS Information
MLS#: 24211716
Listed by: Horvath & Tremblay
Agent: Thomas Connor • (203) 243-8785 • tconnor@htapartments.com
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