Excellent opportunity to own this solid, well-maintained four-unit income property conveniently located near shopping, restaurants and I-95. There are two units on each floor, two with 2 beds and two with one bed. Hardwood floors in all units, two units with decorative fireplaces. An unattached garage/workshop could also be rented. Coin operated washer and dryer in the shared basement. Private off-street parking. Tenants pay heat and electric. Landlord pays water/sewer, garbage pickup, snow removal and lawn care. This property is priced under the appraised value for a quick sale. Photos are of Unit 395B, a second floor unit with 2 beds, and Unit 393A, a first-floor one bed unit with decorative fireplace. These are similar to the units that are not shown. Call today for your walk-through while it's still there!
Off market
Street View
Price Unknown
393 Broad St, New London, CT 06320
6beds
3,378sqft
MultiFamily
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$2,197 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Gas
Cooling
- None
Appliances
- Laundry: Coin operated washer/dryer in basement
Features
- Flooring: Concrete
- Basement: Unfinished, Shared Basement, Full With Hatchway, Concrete Floor
Interior area
- Total interior livable area: 3,378 sqft
Property
Features
- Patio & porch: Porch
- Exterior features: Shingle (Not Wood), Stone, Cement / Concrete
- Waterfront features: Not Applicable
Lot
- Features: Corner Lot
Details
- Zoning: C-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units are Side-by-Side, Units on different Floors
Materials
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public Water Connected
Community & neighborhood
Location
- Region: New London
HOA & financial
Other financial information
- Total actual rent: 221900
Other
Other facts
- Sewer: Public Sewer
- Heating: Baseboard, Natural Gas
- Roof: Asphalt
- Basement: Unfinished, Shared Basement, Full With Hatchway, Concrete Floor
- AssociationYN: 0
- HeatingYN: true
- Zoning: C-1
- NumberOfUnitsTotal: 4
- ConstructionMaterials: Frame, Stone, Concrete, Asbestos, Shingle Siding
- LotFeatures: Corner Lot
- NumberOfUnitsInCommunity: 4
- GrossIncome: 39600
- FoundationDetails: Stone, Concrete
- ParkingFeatures: Driveway, Off Street, Paved
- PatioAndPorchFeatures: Porch
- ExteriorFeatures: Lighting, Stone Wall
- YearBuiltSource: Public Records
- NetOperatingIncome: 26900
- OperatingExpense: 12700
- WaterSource: Public Water Connected
- WaterfrontFeatures: Not Applicable
- CommunityFeatures: Walk to Bus Lines, Public Transportation, Shopping/Mall
- ArchitecturalStyle: Units are Side-by-Side, Units on different Floors
- TotalActualRent: 221900.00
- MlsStatus: Active
- LaundryFeatures: Coin operated washer/dryer in basement