CT > New London
New London, CT 06320,157 Crystal Avenue
New London, CT 06320,157 Crystal Avenue
New London, CT 06320,157 Crystal Avenue
New London, CT 06320,157 Crystal Avenue
New London, CT 06320,157 Crystal Avenue
New London, CT 06320,157 Crystal Avenue
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Wessam Ahmad

Wessam Ahmad

+1(203) 525-3898
$ 719,900
Est. payment | /mo

10 Beds

6 Baths

4,159 SqFt

Save
$ 719,900
Est. payment | /mo
Save

10 Beds

6 Baths

4,159 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 4,159 sqft

Price per Sqft $173

MLS Listing ID 24091753

Style Units on different Floors

Bedrooms 10

Full Baths 6

Year Built 1890

Annual Tax Amount $7,535

Lot Size 9,147 Sqft

Property Sub-Type 5 Family+

Property Description

Turnkey investment opportunity! This well-kept 5-unit multifamily at 157 Crystal Ave, New London, CT 06320 brings in an impressive $10,000 in monthly rental income (with 3 units at $1,250, one at $2,500, and another at $3,750), delivering an annual NOI of $72,000. Recently appraised at $700,000 in June 2024, the property includes a newer furnace, a coin-operated laundry system for added income, and a 3-car garage offering extra rental potential or storage space. Ideal for investors looking for strong cash flow and a stable asset!

Location

State CT

County New London

Zoning RA

Rooms

Basement Full, Full With Walk-Out

Interior

Heating Steam

Cooling Window Unit

Exterior

Parking Features Detached Garage

Garage Spaces 3.0

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot, Water View

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools New London

Listed by Victor Santana • Santana Realty Group LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(203) 525-3898

realbrokerwes@gmail.com

100 Pearl St, FL 14 Hartford, CT, 06103, USA

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157 Crystal Avenue