9
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$315,000
Est. payment /mo
4 Beds
2 Baths
1,666 SqFt
Coming Soon
31 Grand Street New London, CT 06320
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Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,666 sqft
Price per Sqft $189
MLS Listing ID 24148436
Style Units on different Floors
Bedrooms 4
Full Baths 2
Year Built 1912
Annual Tax Amount $2,921
Lot Size 4,791 Sqft
Property Sub-Type 2 Family
Property Description
AN INVESTORS DREAM! This well-maintained two-unit multifamily property offers an excellent opportunity for investors seeking stable income and long-term value. Both units are currently occupied by reliable tenants on active leases, providing immediate cash flow from day one. Unit 2 was recently turned over and features fresh paint throughout, gorgeous flooring, and abundant character that enhances its overall charm and appeal. The updates create a bright, inviting living space while preserving the property's unique personality. The home also benefits from an active solar lease, helping to offset energy costs and support efficient living. With strong tenancy, thoughtful updates, and solid fundamentals, this property is a smart addition to any investment portfolio. Photos are of newly turned over Unit 2 before new tenants in September. Professional photography coming later this week!
Location
State CT
County New London
Zoning C-1
Rooms
Basement Full, Full With Hatchway
Interior
Heating Baseboard
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Amanda Lamborn • Compass Connecticut, LLC
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