Description
Nestled in the heart of New London's Historic District, this two-unit multifamily property offers an incredible investment opportunity in a prime location. Just steps from the city's vibrant waterfront, residents can enjoy walking access to a variety of restaurants, shops, and entertainment. The property is also conveniently located near the ferry terminal, providing easy transportation to Block Island, Nantucket, and Martha's Vineyard. The lower unit features two bedrooms and one bathroom, while the upper unit offers a cozy one-bedroom, one-bathroom layout. While the property does require work, it presents a fantastic opportunity for an investor looking to add value and maximize its potential. Whether you choose to renovate for long-term rental income, short-term vacation stays, or a personal residence with an additional rental unit, this property is full of possibilities in one of New London's most desirable areas. Don't miss out on this chance to invest in a historic and growing community.
-
3BEDS
-
0.07ACRES
-
2BATHS
-
01/2 BATHS
-
2,165SQFT
-
$102$/SQFT
School Information
Description
Nestled in the heart of New London's Historic District, this two-unit multifamily property offers an incredible investment opportunity in a prime location. Just steps from the city's vibrant waterfront, residents can enjoy walking access to a variety of restaurants, shops, and entertainment. The property is also conveniently located near the ferry terminal, providing easy transportation to Block Island, Nantucket, and Martha's Vineyard. The lower unit features two bedrooms and one bathroom, while the upper unit offers a cozy one-bedroom, one-bathroom layout. While the property does require work, it presents a fantastic opportunity for an investor looking to add value and maximize its potential. Whether you choose to renovate for long-term rental income, short-term vacation stays, or a personal residence with an additional rental unit, this property is full of possibilities in one of New London's most desirable areas. Don't miss out on this chance to invest in a historic and growing community.
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. Data last updated: 2025-04-22T14:10:20.907.