44 Franklin Street

New London, CT 06320

$525,000
Price
5
Beds
3,179 Sq. Ft.
$165 / Sq. Ft.
3,179
Sq. Ft.
$165
per Sq. Ft.

Description

Investors take notice. 5 family in the heart of New London, close to beach and all amenities. Most recent upgrades including new electrical, 6 new hot water heaters, 3 newly renovated apartments, brand new staircase in the back and much more. Potential rental income for two car garages and rent increase for all units . Separate utilities!Investors take notice. 5 family in the heart of New London, close to beach and all amenities. Most recent upgrades including new electrical, 6 new hot water heaters, 3 newly renovated apartments, brand new staircase in the back and much more. Potential rental income for two car garages and rent increase for all units . Separate utilities!
  1. Listed by Lai Metzger • Madison Realty New York
    P: (860)-235-2625 C: (860)-235-2625 laimetzger@sbcglobal.net

Property Details for 44 Franklin Street

Basement Description
Full
Direct Waterfront
No
Garages Number
2
Neighborhood
Fort Trumbull
Style
Units on different Floors
Garage Parking Info
Detached Garage
Swimming Pool
No
LISTING UPDATED: 02/14/2025 08:40 PM

Property Details for 44 Franklin Street

StatusUnder Contract
MLS #24071698
Days on Market15
Taxes$7,873 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1870
Lot Size0.14 AC / 6,098 SF
CountyNew London County

Building Information for 44 Franklin Street

Stories-Residences5Year Built1870Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 44 Franklin Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Franl;in St
  • Elementary School: Per Board of Ed
  • High School: New London
  • Latitude: 41.354828
  • Longitude: -72.102306
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $7,873
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 12
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • 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: 3179
Lot Information
  • Lot Description: City Views
  • Parcel Number: 2000224
  • Sq Ft Est Heated Above Grade: 3179.0
  • Sq Ft Total: 3179.0
  • Zoning: Residential
Utilities
  • Energy Features: Storm Windows
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric, 40 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 5
  • Total Rooms Multi Family: 12
Unit 1
  • Lease: Leased
  • Listing Key: 2CEE31D1CC23E2CCE0631401100ACD48
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 01-31-2025
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Listing Key: 2CEE31D1CC23E2CCE0631401100ACD48
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 01-31-2025
  • Unit Monthly Rent: $1,100
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Leased
  • Listing Key: 2CEE31D1CC23E2CCE0631401100ACD48
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 01-31-2025
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
  • Unit Occupied By: Tenant
Unit 4
  • Listing Key: 2CEE31D1CC23E2CCE0631401100ACD48
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 01-31-2025
  • Unit Monthly Rent: $850
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Leased
  • Listing Key: 2CEE31D1CC23E2CCE0631401100ACD48
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 01-31-2025
  • Unit Monthly Rent: $1,165
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
  • Unit Occupied By: Tenant

Property History for 44 Franklin 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 44 Franklin Street

Taxable ValueLand$39,500Additions$246,800Total$286,300
Tax Record2023$7,873 ($656 / month)
Home Facts
Baths6Total Finished SqFt3,179 SqFtAbove Grade Finished SqFt3,179 SqFtStories3Lot Size6,240 SqFtStyleMulti-Family Res (5+ Units)Year Built1870CountyNEW LONDONAPNNLON M:F12 B:0168 L:0003

Schools near 44 Franklin 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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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Madison Realty New York, Lai Metzger

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.