17 Franklin Street
New London,
Connecticut
06320
- For Sale
- 11 Bedrooms
- 5 Full Baths
- 3952 SqFt
- Year Built 1870
- Multi Family
- ML# 170549981
Property Details
Overview
INVESTORS! $87, 000 income! Don't let the exterior scare you. RENOVATED INTERIOR! Unit 1 (bottom right) tenant is a long term tenant. This unit has not been renovated and rent reflects this. All other units have been fully renovated including new carpets, new heating systems, and new kitchen cabinets with granite countertops. All tenants are current and pay on time. Property has a driveway on the right side, leading to a parking lot in the rear with a 3 bay detached garage. Potential to rent each bay out for $150/each to increase revenue. One bay is rented by a tenant. Please DO NOT bother the tenants! Cap rate and potential increased rents make this a great opportunity for an investor!*** 3rd Floor has Central Air
Key Facts
- •SqFt: 3952.00
- •Lot Size: 0.16
- •Lot Sq Ft: 3952
- •Zoning: R-3
- •Construction Materials: No/Resale
- •Building Size: 3952
- •Garage: Yes
- •Garage: 3.0
- •Parking Spaces: Yes
- •Parking Spaces: 6
- •Parking Facilities: Detached Garage, Off Street Parking, Parking Lot
- •Waterfront Desc: Not Applicable
- •Bedroom: 11
- •Full Bath: 5
- •Heat: Hot Air
- •A/C: None
- •Water: Public Water Connected
- •Sewer: Public Sewer Connected
Listing Information provided courtesy of
RE/MAX ONE
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