Welcome to 42 Spring St., New London! This two-unit multifamily home is full of potential-and opportunity. With off-street parking and a detached garage, it's ideal for attracting long-term renters. Located within a short commute to Electric Boat, the casinos, and the train station, this property offers convenience and connectivity for tenants and owners alike. Yes, she needs a little TLC to shine again-but that's where the value is. Whether you're a savvy investor looking for your next flip, a landlord-to-be hunting for a promising rental, or even a tenant ready to stop renting and start building equity, this is the project for you. Don't miss your chance to turn potential into profit at 42 Spring St.!
Sold for $220,000
$220,000
42 Spring Street, New London, CT 06320
4beds
1,760sqft
Multi Family
Built in 1906
-- sqft lot
$307,600 Zestimate®
$125/sqft
$1,713 Estimated rent
Home value
$307,600
$268,000 - $345,000
$1,713/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 19, 2025 at 08:18am
Listed by:
SUZANNE WALSH TEAM,
Jack K. Wesa 860-334-4356,
William Raveis Real Estate 860-536-2600
Bought with:
Angela Espinoza, REB.0792519
CT Homes Real Estate
Source: Smart MLS,MLS#: 24096204
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Gas In Street
Cooling
- Ceiling Fan(s)
Appliances
- Included: Gas Water Heater, Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 1,760
- Total interior livable area: 1,760 sqft
- Finished area above ground: 1,760
Property
Parking
- Total spaces: 3
- Parking features: Detached, Off Street
- Garage spaces: 1
Features
- Patio & porch: Wrap Around, Porch
Lot
- Size: 4,791 sqft
Details
- Parcel number: 1999467
- Zoning: Residental
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Asbestos
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Near Public Transport, Library, Medical Facilities
Location
- Region: New London
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2025 | Sold | $220,000-15.1%$125/sqft |
Source:  Smart MLS #24096204 Report a problem | ||
| 6/2/2025 | Pending sale | $259,000$147/sqft |
Source: Smart MLS #24096204 Report a problem | ||
| 5/16/2025 | Listed for sale | $259,000+99.2%$147/sqft |
Source: Smart MLS #24096204 Report a problem | ||
| 10/30/2003 | Sold | $130,000$74/sqft |
Source: Smart MLS #E138601 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,340 -1.1% | $122,800 |
| 2024 | $3,377 +8.9% | $122,800 +47.4% |
| 2023 | $3,102 -0.2% | $83,300 |
Find assessor info on the county website
Neighborhood: 06320
Nearby schools
GreatSchools rating
- 3/10C.B. Jennings International Elementary MagnetGrades: K-5Distance: 0.5 mi
- 3/10Bennie Dover Jackson Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10New London Visual and Performing Arts Magnet SchoolGrades: 6-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Nathan Hale
- High: New London
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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