97 & 107 Green Street

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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97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street
97 & 107 Green Street

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

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

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.