Smart MLS #24100879
209 Pequot Ave,
New London, CT 06320
☆
For Sale
Multi-Family Home$599,925
2 Units · 2190 Sqft
Exceptional investment opportunity in a prime new london location-this well-maintained, income-producing two-family home offers strong rental potential, a partially finished basement apartment, and significant recent upgrades including new electrical throughout and brand-new boilers. the spacious first-floor unit features four bedrooms and three full bathrooms, hardwood flooring, a classic stone fireplace, and a large living room filled with natural light. tenants will enjoy access to a beautiful front porch offering exceptional water views-an appealing feature for long-term or short-term renters. the second-floor unit includes two bedrooms, one bathroom, another stone fireplace, and hardwood floors throughout, providing a warm and comfortable living space. the lower level includes a partially finished apartment, presenting additional income potential or flexibility for extended tenant use. situated on a generous 0.40-acre lot, the property includes an antique potting shed and a detached five-car garage-ideal for tenant storage, workshop space, or additional rental income. location, versatility, and key mechanical upgrades, this multi-family property is a valuable addition to any investor's portfolio. don't miss this outstanding opportunity. proximity to key institutions such as the u.s. coast guard academy, connecticut college, and pfizer supports consistent occupancy and long-term investment stability.
Map
Listing
Market Stats
- List $599,925
- 0 Days on Market
Real Estate Agent
Details
Building
- Built 1880
- 2 Units
- 6 Beds
- 4.00 Baths
- 0 Fireplaces
- Full Basement
Sqft
- 2190 Total Sqft
Lot / Land
- 0.40 Acres
- 900 Neighborhood
- Direct Waterfront
- Ocean
- Corner Lot
Other
- 5 Garages
Utilities
- Hot Water
- Natural Gas
- Public Water
- Tankless Hot Water
- Public Sewers
Financials
- $42,000 Gross Income
Taxes
- Assessment $322,700
- Mill Rate 27.50
- Taxes $8,874
- Parcel Num 1997867
Schools
Elementary
- Per Board of Ed
High
- Per Board of Ed
Mortgage Calculator
- 30yr Fixed-Rate Loan
- 6.85% Interest
- Purchase Price $599,925
- Down Payment $119,985 (20.00%)
Estimated Payment with
30yr Fixed Rate Mortgage
30yr Fixed Rate Mortgage
Monthly
$3,884
$3,884
Monthly Est. $3,884
Yearly Est. $46,612
30yr Est. $1,398,366
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This real estate listing for sale at 209 Pequot Ave has 6 bedrooms, 4.00 bathrooms, and was built in 1880. It is located in the New London, Connecticut area with the 06320 zip code. For more info about the property at 209 Pequot Ave, New London, CT 06320 United States or if you would like to schedule a showing, please contact the listing agent above.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-06-03 15:01:42. 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 2021 SmartMLS, Inc.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-06-03 15:01:42. 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 2021 SmartMLS, Inc.