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Sold for $450,000 on 02/21/23
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  • $450,000

    11 Brewer St, New London, CT 06320

    10beds
    4,796sqft
    MultiFamily
    Built in 1870
    -- sqft lot
    $-- Zestimate®
    $94/sqft
    $2,201 Estimated rent

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    What's special

    Conveniently located near Bank Street and the Historic Waterfront District, this 6-unit property has 5 units in the main building and one in the bungalow (11 1/2 Brewer). There are four 2-bed units (one with a dining room), a one 1-bed unit and an efficiency apartment on the first floor. The owner is responsible for water/sewer, snow removal and trash removal. Heat is also included in the rent for units 1,2,4 and 5 (first and second floor). Hot water is provided for all units in the main building. The 2-story bungalow is self-sufficient, with a washer/dryer, basement with gas furnace and hot water heater, and the tenant pays for heat and all utilities. Unit 3, which is a 2-bed unit with a small deck on the third floor, has a separate gas furnace and heat is paid by the tenant. New oil tank and gas meters in 2019. Driveway was redone and custom tiled shower was installed in Unit 1 in 2017. New furnace, hot water heater and roof on the bungalow in 2016. New bulkhead door in 2015. Hardwood floors have been refinished in most units. Currently the bungalow and both units on the second floor are occupied. The 2-bed unit on the first floor was occupied until the end of May 2020. The owner has chosen not to accept new tenants in preparation for selling.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard, Gas, Oil
    Cooling
    • None
    Appliances
    • Laundry: Washer and dryer in Unit 11 1/2 only
    Features
    • Flooring: Concrete
    • Basement: Full, Concrete Floor
    Interior area
    • Total interior livable area: 4,796 sqft
    • Finished area below ground: 0

    Property

    Features
    • Patio & porch: Deck
    • Exterior features: Vinyl
    • Waterfront features: Not Applicable
    Lot
    • Size: 3,920 sqft
    Details
    • Parcel number: NLONMF13B0149L0014
    • Zoning: Mixed

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side, Units on different Floors
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1870

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: New London

    HOA & financial

    Other financial information
    • Total actual rent: 265900

    Other

    Other facts
    • Sewer: Public Sewer
    • Heating: Baseboard, Oil, Natural Gas, Radiator
    • Roof: Other, Asphalt
    • AssociationYN: 0
    • HeatingYN: true
    • PatioAndPorchFeatures: Deck
    • CoolingYN: true
    • Basement: Full, Concrete Floor
    • Zoning: Mixed
    • NumberOfUnitsTotal: 6
    • ConstructionMaterials: Frame, Vinyl Siding
    • CurrentFinancing: Conventional
    • NumberOfUnitsInCommunity: 6
    • FoundationDetails: Stone, Concrete
    • ParkingFeatures: Off Street, Paved
    • BelowGradeFinishedArea: 0
    • YearBuiltSource: Public Records
    • GrossIncome: 58500
    • WaterSource: Public Water Connected
    • WaterfrontFeatures: Not Applicable
    • CommunityFeatures: Medical Facilities, Walk to Bus Lines, Library, Public Rec Facilities
    • TotalActualRent: 265900.00
    • ArchitecturalStyle: Units are Side-by-Side, Units on different Floors
    • MlsStatus: Show
    • LaundryFeatures: Washer and dryer in Unit 11 1/2 only
    • NetOperatingIncome: 42961
    • OperatingExpense: 15539