18 days on market
Under Contract
More about this Property

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40-42 Eastern Avenue, New London CT 06320

Current Price: $479,900

5 beds 3 baths 2075 sq. ft

Last Update: 10/21/2024

Property Type: Multi-Family For Sale

Public Remarks

Attention all buyers and investor. Discover this unique 2 family. 2 separate properties on one lot plus an additional extra lot. 1first property a ranch and 2nd property two floor colonial style. Perfect for rental income or multi-generational living. Each property has its own separate utilities, including individual water, gas heating, sewer and electrical meters. Completely renovated from the frame. The 2-floor style unit present 3 bedrooms and 1 1/2-bathroom, full unfinish walkout basement. The ranch style unit present 2 bedrooms 1 Bathroom and half unfinished basement. Both properties boast open floor plans, new plumbing, electrical, gas heating boilers, new roof, new siding, new trex decking, new engineer hardwood floors, new appliances and elegant granite countertops in the bathrooms and kitchens. The properties also have an asphalt/concrete driveway to fit 8+ cars and a 596 ft 1 car garage. Parcel next to the ranch #2002486 will be sold and convey with property for $1. Dont miss this fantastic opportunity.

Map to Property at 40-42 Eastern Avenue, New London CT 06320


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Residential Property Information for 40-42 Eastern Avenue, New London CT 06320

MLS #: 24042297

Style: Other

Color: Gray

Total Rooms:

Bedrooms: 5

Bathrooms: 3

Acres: 0.2

Year Built: 1890 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $4,296

Zoning: R-2

Mil Rate:

Assessed Value: $156,200 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 2075; below grade sq feet total is ; total sq ft is 2075

Features
Laundry Location & Info: Basement Hook-Up(s),Hook-Up In Unit 1,Hook-Up In Unit 2  Basement
Fireplaces: 0
Energy Features: Thermopane Windows
Energy Features: Thermopane Windows
Basement Desc.: Partial,Full,Unfinished,Interior Access,Concrete Floor,Full With Walk-Out
Exterior Siding: Vinyl Siding
Exterior Features: Balcony,Sidewalk,Porch,Deck,Gutters,Lighting,Stone Wall
Foundation: Slab,Stone
Roof: Shingle
Parking Spaces: 1
Driveway Type: Private,Paved,Cement
Garage/Parking Type: Detached Garage,Paved,Parking Lot,Driveway
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Sloping Lot
Nearby Amenities: Basketball Court,Medical Facilities,Park,Walk to Bus Lines
Occupied: Vacant
Utility Information

Hot Water System Tankless Hotwater

Heat Type: Baseboard,Gas on Gas

Fueled By: Natural Gas.

Cooling: None

Fuel Tank Location:

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate: Per Board of Ed

Middle: Per Board of Ed

High School: Per Board of Ed

Marketing History

Current List Price: $479,900

Original List Price: $499,900

DOM: 18

Listing Date: 8/26/2024

Last Updated: 10/9/2024 2:04:31 PM

Expected Active Date: 9/4/2024