40 Pearl Street

New London, Connecticut 06320

Status
Sale Pending
Square Feet
9,366
Beds
0
Price
$1,500,000
Type
Commercial For Sale
Garages
Baths
1
MLS
24131150

Price

$1,500,000

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Interior Details

Interior Size
9,366 Sq Ft
Bedrooms
0
Bathrooms
1
Rooms Total
Garage

Exterior Details

Lot Size
0.09 Acres
Roof
Tar/Gravel
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$13,889
Assessed Value
$492,700
Elementary School
NULL
Middle School
NULL
High School
NULL

About Property

Very well maintained 12 Unit multi-family property in the heart of downtown New London. All units are 1 bedroom with 1 bathroom. Total square footage is 9,366. Three stories with basement. Heat and hot water included in the rent. Laundry room on site. Water views from some units. NOI approximately $107,720. CAP rate: 7. Close proximity to restaurants, bars and shops. Room to increase NOI.
Listed by U.S. Properties Real Estate Services, LLC, Constance Howard. Data sourced from SmartMLS

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