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listing
1 of 40
MultifamilyFor Sale
$599,925
209 Pequot Avenue
New London, CT 06320
Courtesy of Five Stars Realty
MLS: Smart MLS
6Beds
4Baths
2,190Sq Ft
Est. Mortgage
$3,197/mo

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.

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Information courtesy of Five Stars Realty is subject to verification and is not guaranteed. Listing Data Last Updated 06/26/2025 12:24 PM
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