40 Pearl Street

  • $1,500,000
  • Address:

    40 Pearl Street
    New London, Connecticut 06320

  • Baths: 1
  • Lot Sq Ft: 0.09 acres
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Description

Very well maintained 12 Unit multi-family property in the heart of downtown New London. All units are 1 bedroom with 1 bathroom. Total square footage is 9,366. Three stories with basement. Heat and hot water included in the rent. Laundry room on site. Water views from some units. NOI approximately $107,720. CAP rate: 7. Close proximity to restaurants, bars and shops. Room to increase NOI.

Listing Details

Price:$1,500,000
Address:40 Pearl Street
City:New London
State:Connecticut
Zip Code:06320
MLS:24131150
Year Built:1895
Acres:0.09
Lot Square Feet:0.09 acres
Bathrooms:1
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Listing courtesy of Constance Howard from U.S. Properties Real Estate Services, LLC. IDX information is provided by the SmartMLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are all © 2025 SmartMLS All Rights Reserved. The information provided is for consumers personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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