171 Garfield Avenue
$925,000
15
9
1
6,385
6,385
$145
Under Contract - Continue To Show
Description
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...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
Property Details for 171 Garfield Avenue
Basement Description
Full
Direct WaterfrontNo
NeighborhoodN/A
StyleUnits on different Floors, Other
Garage Parking InfoNone
Swimming PoolNo
LISTING UPDATED: 08/16/2024 09:49 AM
Property Details for 171 Garfield Avenue
Status | Under Contract - Continue To Show |
---|---|
MLS # | 24029747 |
Days on Market | 48 |
Taxes | $11,184 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / 5 Family+ |
Year Built | 1875 |
Lot Size | 0.53 AC / 23,086 SF |
County | New London County |
Building Information for 171 Garfield Avenue
Stories-Residences8Year Built1875Building Size-Lot Size0.53 AC / 23,086 SF
Property Information for 171 Garfield Avenue
Property History for 171 Garfield Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 171 Garfield Avenue
Taxable ValueLand$81,100Additions$325,600Total$406,700
Tax Record2024$11,184 ($932 / month)
Home Facts
Baths9Total Finished SqFt6,385 SqFtAbove Grade Finished SqFt6,385 SqFtStories2Lot Size38,028 SqFtStyleMulti-Family Res (5+ Units)Year Built1875CountyNEW LONDONAPNNLON M:D13 B:0160 L:0021
Schools near 171 Garfield Avenue
This home is within New London School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Harbor School PublicK to 5 | ||
Bennie Dover Jackson Middle School Public6 to 8 | ||
New London High School Public9 to 12 | ||
New London Visual and Performing Arts Magnet School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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