$425,000
$429,900
1.1%For more information regarding the value of a property, please contact us for a free consultation.
7 Franklin Street New London, CT 06320
4 Beds
3 Baths
2,253 SqFt
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,253 sqft
Price per Sqft $188
MLS Listing ID 24059680
Sold Date 12/19/24
Style 3updown - Unit(s) per Floor
Bedrooms 4
Full Baths 3
Year Built 1887
Annual Tax Amount $4,457
Lot Size 1,742 Sqft
Property Description
Charming Historic 3-Family Multi-Unit Property with Great Income Potential! Welcome to 7 Franklin St, a beautifully maintained and tastefully updated historic building located in a prime area just minutes from downtown, The Garde Arts Center, Electric Boat, Connecticut College, and the Sub Base. This multi-family property boasts three well-appointed units, offering fantastic flexibility for investors and owner-occupants alike. Two units currently have reliable, long-term tenants, while the third is preparing for it's new short term tenant. Each unit has been thoughtfully renovated, blending modern conveniences with classic charm. With close proximity to local amenities and the potential for significant rental income, 7 Franklin St is a rare opportunity in a sought-after location. Don't miss out on the chance to own this exceptional income-generating property.
Location
State CT
County New London
Zoning C-1
Rooms
Basement Full, Partially Finished, Full With Walk-Out
Interior
Heating Baseboard
Cooling None
Exterior
Exterior Feature Porch
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle,Gable
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools New London
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Bought with Artie Owens • eXp Realty