Four units are waiting for a new owner that can appreciate this investment opportunity. There is a nice parking area at rear of property to accommodate at least four cars after some clearing. The exterior will need some fix ups and paint. Roof is about 12 years old. Mandatory fire escape stairs is all steel. Heating is combination of baseboard hot water on 1st floor and space heaters on 2nd and 3rd floors. Gas hot water heaters and 100 amp circuit breaker panel are in the basement. Currently there is only one electric meter and electric is included in the tenant rents. This is a great chance to take over a multi family property in walking distance to downtown New London. Selling AS-IS. Note: lead base paint must be immediately remedied by a new owner. First showings evening of May 31.
Sold for $160,000 on 06/26/23
$160,000
61 Franklin Street, New London, CT 06320
4beds
2,340sqft
Multi Family
Built in 1900
-- sqft lot
$367,900 Zestimate®
$68/sqft
$3,157 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 28, 2023 at 02:58am
Listed by:
David Patton 860-625-5695,
William Raveis Real Estate 860-536-2600
Bought with:
John Troland Jr., RES.0793858
William Raveis Real Estate
Source: Smart MLS,MLS#: 170546691
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Space Heater, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
- Laundry: None
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,340
- Total interior livable area: 2,340 sqft
- Finished area above ground: 2,340
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Private, Shared Driveway
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
Lot
- Size: 5,662 sqft
- Features: Level
Details
- Parcel number: 2001170
- Zoning: r3
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4updown - Unit(s) per Floor
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Shingle Siding, Asbestos
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Basketball Court, Library, Medical Facilities, Park, Near Public Transport, Shopping/Mall, Tennis Court(s)
Location
- Region: New London
Sell with ease on Zillow
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$367,900
2% more+$7,358
With Zillow Showcase(estimated)$375,258