Multi-family Apartment Building

Multi-Family for Sale
Catylist Listing ID: 30538899
Property Subtypes: Duplex/Fourplex, Mid-Rise
Number of Units: 4 Units
Building Size (RSF): 3,125 SF
Gross Land Area: 0.54 Acres
Sale Price: $179,000
Unit Price: $44,750 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 1/6/2020

Overview / Comments

Fully leased 4 unit property multi family in commercial zone surrounded by recent commercial development (see brochure). Antique building with new electrical system, panels and some wiring, most other updates on this 1780 property completed over many years. New roof in 2017. All units have functional (some new) mechanicals. At traffic lighted intersection.

Additional Details

Nearest MSA: Norwich-New London
County: New London
Property Located Between: Edmond Rd. & Business Parkway
Highway Access: I-395, exit 22
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,416 11,951 20,577
Median Age: 41.75 39.51 41.68
Households: 503 4,646 7,933


Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate CTCList Member
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