Save
Ask
Tour
Hide
$1,500,000
73 Days On Site
40 Pearl StreetNew London, CT 06320
For Sale|Commercial Sale|Pending
0
Beds
1
Total Bath
1
Full Bath
9,366
SqFt
$160
/SqFt
1895
Built
County:
New London
Listing courtesy of Constance Howard of U.S. Properties Real Estate Services, LLC Office Phone: 8606912011
Broker Contact: (615) 293-3878
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Call Now: 1-860-573-4349
Is this the listing for you? We can help make it yours.
1-860-573-4349
Save
Ask
Tour
Hide
Very well maintained 12 Unit multi-family property in the heart of downtown New London. All units are 1 bedroom with 1 bathroom. Total square footage is 9,366. Three stories with basement. Heat and hot water included in the rent. Laundry room on site. Water views from some units. NOI approximately $107,720. CAP rate: 7. Close proximity to restaurants, bars and shops. Room to increase NOI.
Save
Ask
Tour
Hide
Listing Snapshot
Price
$1,500,000
Days On Site
73 Days
Bedrooms
N/A
Inside Area (SqFt)
9,366 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
0.09 Acres
Year Built
1895
MLS® Number
24131150
Status
Pending
Property Tax
$13,889
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 17 hours ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Pending | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.09
Sewer
Public Sewer
SqFt Total
9366
Water Source
Public
Zoning
CBD-2
Interior Features
Heating
OilForced AirHot Water
Save
Ask
Tour
Hide
Exterior Features
Construction Details
Brick
Roof
Tar/Gravel
Listing courtesy of Constance Howard of U.S. Properties Real Estate Services, LLC Office Phone: 8606912011
Broker Contact: (615) 293-3878
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 2025 SmartMLS, Inc.
Last checked: 2025-12-16 01:08 PM UTC.
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 2025 SmartMLS, Inc.
Last checked: 2025-12-16 01:08 PM UTC.
Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.