41 Stuart Avenue, New London, CT

Property Overview:

  • Address: 41 Stuart Avenue, New London, CT
  • Listing Type: Multi-Family
  • Price: $375,000
  • MLS #: 170623310

Property Attributes:

  • County: New London
  • City: New London
  • Zip: 06320
  • Style: Units on different Floors, Units are Side-by-Side
  • Bedrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 0
  • Square Footage: 2,834
  • Lot Size: 4,792 SqFt

Property Description:Ideal for Airbnb investors, this multi-family property boasts a perfect location in a desirable neighborhood within walking distance to the beach. Currently rented by room, it features great long-term tenants, with leases extending beyond 2 years.

General Features:

  • Exterior Features: Deck
  • Zoning: R-2
  • Year Built: 1908
  • Neighborhood: Ocean Beach
  • Heater Type: Radiator
  • Property SubType: 3 Family
  • Tax Year: July 2023-June 2024
  • Net Operating Income: $42,635
  • Status: Under Contract - Continue to Show
  • Acres: 0.11

Interior Features:

  • Cooling System: Window Unit
  • Total Rooms: 13
  • Hot Water: Electric, 80 Gallon Tank
  • Attic Description: Finished, Walk-up
  • Total Number of Units: 3

Exterior Features:

  • Water Source: Public Water Connected
  • Garage Parking: Detached Garage

Amenities:

This property offers a range of amenities, including a fireplace, deck, and garage, making it an attractive investment opportunity.

Comparison:

  • Price: This property is priced at $375,000, compared to the average of $450,000 in the area.
  • Visits: With an average of 61 visits, this property outperforms the local average of 72.
  • Year Built: Built in 1908, it stands out against the average year built of 1897 in the area.

For more details or to schedule a viewing, please contact us.

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Bridget Morrissey Realty LLC

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