20 Garvin Street

New London, CT 06320

$950,000
Price
12
Beds
8
Baths
6,561 Sq. Ft.
$145 / Sq. Ft.
6,561
Sq. Ft.
$145
per Sq. Ft.

Description

Welcome to 20 Garvin St., a pristine 8-unit multifamily property offering a solid income stream. This well-maintained, fully occupied building is a prime opportunity for investors looking for a hassle-free addition to their portfolio. Key features include: Separately metered electric heat and hot water - tenants manage their own utilities, reducing landlord responsibilities. Updated roof, windows, siding, and driveway - recent upgrades ensure minimal maintenance and long-term value. Fully occupied...Welcome to 20 Garvin St., a pristine 8-unit multifamily property offering a solid income stream. This well-maintained, fully occupied building is a prime opportunity for investors looking for a hassle-free addition to their portfolio. Key features include: Separately metered electric heat and hot water - tenants manage their own utilities, reducing landlord responsibilities. Updated roof, windows, siding, and driveway - recent upgrades ensure minimal maintenance and long-term value. Fully occupied units - an income-producing asset from day one. Don't miss out on this fantastic turnkey investment opportunity in a vibrant and growing community.
  1. Listed by Kristin A Davis • Berkshire Hathaway NE Prop.
    P: (860)-281-4666 C: (860)-281-4666 kristindavis@bhhsne.com

Property Details for 20 Garvin Street

Basement Description
None
Direct Waterfront
No
Neighborhood
N/A
Style
3updown - Unit(s) per Floor
Garage Parking Info
None, Parking Lot
Swimming Pool
No
LISTING UPDATED: 01/10/2025 08:00 PM

Property Details for 20 Garvin Street

StatusActive
MLS #24068042
Days on Market5
Taxes$11,091 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1870
Lot Size0.20 AC / 8,712 SF
CountyNew London County

Building Information for 20 Garvin Street

Stories-Residences8Year Built1870Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 20 Garvin Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: New London
  • Intermediate School: Per Board of Ed
  • Latitude: 41.35418
  • Longitude: -72.103116
  • Middle Jr High School: Dover Jackson
  • State: Connecticut
Parking
  • Parking Total Spaces: 12
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $11,091
Interior and Exterior Features
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Attic YN: No
  • Fireplaces Total: 0
  • Home Automation: Appliances
  • Laundry Room Info: None
  • Rooms Total: 36
Property
Property and Assessments
  • Color: beige
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1870
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 6561
Lot Information
  • Lot Description: City Views, Level Lot
  • Parcel Number: 2000222
  • Sq Ft Est Heated Above Grade: 6561.0
  • Sq Ft Total: 6561.0
  • Zoning: R-3
Utilities
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 50 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 24220
  • Gross Annual Income: 100500
  • Net Operating Income: $76,280
  • Occupied By: Tenant
  • Total Number of Units: 8
  • Total Rooms Multi Family: 36
Unit 1
  • Lease: Leased
  • Listing Key: 2B5FA31F57C722A1E0631401100A3008
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 01-10-2025
  • Unit Monthly Rent: $1,300
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Listing Key: 2B5FA31F57C722A1E0631401100A3008
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Modified Date: 01-10-2025
  • Unit Monthly Rent: $925
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Leased
  • Listing Key: 2B5FA31F57C722A1E0631401100A3008
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 01-10-2025
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Leased
  • Listing Key: 2B5FA31F57C722A1E0631401100A3008
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 01-10-2025
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Listing Key: 2B5FA31F57C722A1E0631401100A3008
  • Unit Entry Order: 8
  • Unit Full Baths: 1
  • Unit Modified Date: 01-10-2025
  • Unit Monthly Rent: $1,100
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Leased
  • Listing Key: 2B5FA31F57C722A1E0631401100A3008
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 01-10-2025
  • Unit Monthly Rent: $1,000
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 7
  • Lease: Leased
  • Listing Key: 2B5FA31F57C722A1E0631401100A3008
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 01-10-2025
  • Unit Monthly Rent: $1,125
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 8
  • Lease: Leased
  • Listing Key: 2B5FA31F57C722A1E0631401100A3008
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 01-10-2025
  • Unit Monthly Rent: $725
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 20 Garvin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20 Garvin Street

Taxable ValueLand$47,400Additions$355,900Total$403,300
Tax Record2023$11,091 ($924 / month)
Home Facts
Baths8Total Finished SqFt6,561 SqFtAbove Grade Finished SqFt6,561 SqFtStories3Lot Size8,554 SqFtStyleMulti-Family Res (5+ Units)Year Built1870CountyNEW LONDONAPNNLON M:E12 B:0168 L:0001

Schools near 20 Garvin Street

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 - K to 5
Rating
School
Distance
Harbor School
PublicK to 5

Bennie Dover Jackson Middle School
Public6 to 8

New London High School
Public9 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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20 Garvin Street is a multi-family home for sale in New London, CT 06320. This property was listed for sale on January 10, 2025 by Berkshire Hathaway NE Prop., it's currently listed at $950,000. It has been on the market for a total of 5 days and was last sold on October 24, 2024. This listing's school district is New London School District. Nearby schools include Harbor School, Bennie Dover Jackson Middle School and New London High School. 20 Garvin Street is a 12-bed, 8-bath, 6,561 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway NE Prop., Kristin A Davis

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.