19 Summer Street, New London, CT 06320

Local realty services provided by:ERA Key Realty Services
19 Summer Street,New London, CT 06320
$525,000
  • 6 Beds
  • 3 Baths
  • 2,738 sq. ft.
  • Multi-family
  • Pending
Listed by:stephano stravoravdis
Office:real broker ct, llc
MLS#:24106926
Source:CT

Price summary

  • Price:$525,000
  • Price per sq. ft.:$191.75

About this home

This fully occupied, cash-flowing three-family property in the heart of New London generates over $60,000 in gross annual income, with an approximate net income of $55,000 per year-making it a strong turnkey investment with room to grow. Each of the three spacious units features 2 bedrooms and 1 full bath, offering generous layouts that appeal to a wide range of tenants. Two units have been updated within the past year, and the building boasts a brand-new Gambrel-style roof with 30-year shingles for long-term durability. Located in a convenient and desirable area of New London, the property offers easy access to major highways, public transportation, downtown shops and restaurants, local colleges, and the waterfront-enhancing its rental appeal. Additional highlights include on-site laundry in the basement and plentiful private off-street parking. With the potential to increase income by updating the remaining unit, this property combines immediate cash flow with long-term upside in a

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Home facts

  • Year built:1900
  • Listing ID #:24106926
  • Added:86 day(s) ago
  • Updated:September 20, 2025 at 07:10 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,738 sq. ft.

Heating and cooling

  • Cooling:Wall Unit
  • Heating:Hot Water

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1900
  • Building area:2,738 sq. ft.
  • Lot area:0.11 Acres

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$191.75
  • Tax amount:$5,369 (July 2025-June 2026)
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