New London, CT 06320,31 Grand Street
New London, CT 06320,31 Grand Street
New London, CT 06320,31 Grand Street
New London, CT 06320,31 Grand Street
New London, CT 06320,31 Grand Street
New London, CT 06320,31 Grand Street
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$ 315,000
Est. payment | /mo

4 Beds

2 Baths

1,666 SqFt


Save
$ 315,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,666 SqFt

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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31 Grand Street

L&L Homes Team
L&L Homes Team

Licensed in MA, CA, RI | License ID: 9527841

+1(508) 649-5646 | info@llhomesteam.com

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