7 Franklin Street Under Contract

New London,CT 06320

$ 429900

4 Beds

3 Baths

2253 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,253 sqft

Price per Sqft $190

MLS Listing ID 24059680

Style 3updown - Unit(s) per Floor

Bedrooms 4

Full Baths 3

Year Built 1887

Annual Tax Amount $4,457

Lot Size 1,742 Sqft

Property Description

Charming Historic 3-Family Multi-Unit Property with Great Income Potential! Welcome to 7 Franklin St, a beautifully maintained and tastefully updated historic building located in a prime area just minutes from downtown, The Garde Arts Center, Electric Boat, Connecticut College, and the Sub Base. This multi-family property boasts three well-appointed units, offering fantastic flexibility for investors and owner-occupants alike. Two units currently have reliable, long-term tenants, while the third is preparing for it's new short term tenant. Each unit has been thoughtfully renovated, blending modern conveniences with classic charm. With close proximity to local amenities and the potential for significant rental income, 7 Franklin St is a rare opportunity in a sought-after location. Don't miss out on the chance to own this exceptional income-generating property.

Location

State CT

County New London

Zoning C-1

Rooms

Basement Full,Partially Finished,Full With Walk-Out

Interior

Heating Baseboard

Cooling None

Exterior

Exterior Feature Porch

Garage None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle,Gable

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools New London

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