$599,925

209 Pequot Avenue, New London, CT 06320

  • 6 beds |
  • 4 baths |
  • 2,190 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon 5 car garage
  • Property Price Per Square Feet Icon $274/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Exceptional investment opportunity in a prime New London location-this well-maintained, income-producing two-family home offers strong rental potential, a partially finished basement apartment, and significant recent upgrades including new electrical throughout and brand-new boilers. The spacious first-floor unit features four bedrooms and three full bathrooms, hardwood flooring, a classic stone fireplace, and a large living room filled with natural light. Tenants will enjoy access to a beautiful front porch offering exceptional water views-an appealing feature for long-term or short-term renters. The second-floor unit includes two bedrooms, one bathroom, another stone fireplace, and hardwood floors throughout, providing a warm and comfortable living space. The lower level includes a partially finished apartment, presenting additional income potential or flexibility for extended tenant use. Situated on a generous 0.40-acre lot, the property includes an antique potting shed and a detached five-car garage-ideal for tenant storage, workshop space, or additional rental income. Location, versatility, and key mechanical upgrades, this multi-family property is a valuable addition to any investor's portfolio. Don't miss this outstanding opportunity. Proximity to key institutions such as the U.S. Coast Guard Academy, Connecticut College, and Pfizer supports consistent occupancy and long-term investment stability.

Listing Status:
Active
Date Added:
June 3, 2025 at 12:19PM
Listing Office:
Five Stars Realty : (860) 560-1500
Listing Agent:
Jayson Kemp : (860) 573-0277
MLS ID:
24100879
  • Basement: Full
  • A/C: None
  • Heating: Hot WaterNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Jayson Kemp, Five Stars Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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