$1,500,000

Under Contract

Est. Mortgage $7,291/mo *

Quick Pre-Approval

Listing courtesy of Constance Howard (615) 293-3878, U.S. Properties Real Estate Services, LLC (860) 691-2011


40 Pearl Street, New London, CT, 06320

40 Pearl Street, New London, CT, 06320

1 beds

1 Full baths

1895

9,366 sqft

Very well maintained 12 Unit multi-family property in the heart of downtown New London. All units are 1 bedroom with 1 bathroom. Total square footage is 9,366. Three stories with basement. Heat and hot water included in the rent. Laundry room on site. Water views from some units. NOI approximately $107,720. CAP rate: 7. Close proximity to restaurants, bars and shops. Room to increase NOI.


Status:

Under Contract

Type:

Commercial

Units:

12

Zoning:

CBD-2

Frontage:

Municipal Street

Heating:

Hot Air, Hot Water

Cooling:

None

Acreage:

0.09

Est. Taxes:

$13,889

Assessment

$492,700

Utilities

Electric Available,Phone Available

Lot Description:

Dry

Days on Market:

18

MLS #:

24131150


Community Info

School Info

Walk Score

Mass Transit

Yelp


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