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$925,000
177 Days On Site

171 Garfield Avenue
New London, CT 06320

For Sale|Multi Family|Pending
15
Beds
9
Full Baths
1
Partial Bath
6,385
SqFt
$145
/SqFt
1875
Built
County:
New London
Listing courtesy of Andrew O'Reilly of Seaport Real Estate Services

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171 Garfield Avenue171 Garfield Avenue171 Garfield Avenue171 Garfield Avenue
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Discover an exceptional investment opportunity with this historic eight-unit apartment building at 171 Garfield Ave, New London. Built in 1875 and renovated in 2003, this property blends timeless charm with modern amenities. Located in a prime area, it offers easy access to medical facilities, shopping, and public transportation. Each unit features modern conveniences, including baseboard heating and natural gas water heating. Managed by Blue Rock Property Group, the building is well-maintained and currently generates $9,400 monthly rent, with potential to increase to $11,500. With a low vacancy rate and strong rental market, this property is a lucrative addition to any investment portfolio

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Listing Snapshot
Price 
$925,000
Days On Site 
177 Days
Bedrooms 
15
Inside Area (SqFt) 
6,385 sqft
Total Baths 
10
Full Baths 
9
Partial Baths 
1
Lot Size 
0.53 Acres
Year Built 
1875
MLS® Number 
24029747
Status 
Pending
Property Tax 
$11,184
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 months agoStatus changed to Pending
6 months agoListing first seen on site
General Features
Acres 
0.53
Foundation 
StoneConcrete Perimeter
Parking 
None
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
6385
Style 
Units on different FloorsOther
Water Source 
Public
Zoning 
R-2
Interior Features
Basement 
Full
Heating 
ElectricNatural GasBaseboard
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Exterior Features
Construction Details 
AsbestosFrame
Lot Features 
Level
Roof 
Asphalt
Schools
School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
Per Board of Ed
Listing courtesy of Andrew O'Reilly of Seaport Real Estate Services



The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.

Neighborhood & Commute
Source: Walkscore
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