"Helping Make Dreams Come True...One Home at a Time."
Listing Agent: David Patton
Courtesy of: William Raveis Real Estate
Days On Market: 62
Year Build: 1900
Total Baths: 4
Full Baths: 4
C. B. JenningsElementary School
Dover JacksonMiddle School
New LondonHigh School
Address: 61 Franklin Street
County: New London
City: New London
Positive cash flow available immediately! Four units, all rented, are waiting for a new owner that can appreciate this investment opportunity. There is a nice parking area at rear of property to accommodate at least four cars after some clearing. The exterior will need some minor fix ups and paint. Roof is about 12 years old. Interior is clean and in good condition. Mandatory fire escape stairs is all steel. Heating is combination of baseboard hot water on 1st floor and space heaters on 2nd and 3rd floors. Gas hot water heaters and 100 amp circuit breaker panel are in the basement. Currently there is only one electric meter and electric is included in the tenant rents. This is a great chance to take over a profitable multi family property in walking distance to downtown New London.
Listing Agent: David Patton Courtesy of: William Raveis Real Estate 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 2022 SmartMLS, Inc. Updated: 19th August, 2022 11:29 PM (UTC)