Homes For Sale: USA Connecticut New London 82 Maple Avenue
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$1,700,000 USD

82 Maple Avenue
New London, Connecticut 06320
USA
811.203 m2 :: 8,732 sqft
20 bedrooms
12 full baths
Residential For Sale, Multi-Family Home
Land size: 0.138 ha :: 0.34 acres
Sale price per sqm: 2,095.58
Tax: 18,146 USD
Tyler DeVecchis
CENTURY 21 AllPoints Realty
1160 Silas Deane Highway Suite 102,
Wethersfield, 06109, United States
Phone: 8609669217

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Remarks:

Excellent value-add opportunity at 80-82 Maple Avenue, New London. This 12-unit apartment building is already well into a substantial renovation program. Eight units are renovated and/or in good condition, one unit is currently being renovated, and three units are gutted or under construction, providing an investor with clear upside through completion of the remaining renovations and further stabilization of the property. Built in 1925, the property offers approximately 8,732 SF of building area / 10,555 SF gross area on approximately 0.34 acres (14,810 SF). Features include two stories, a 2,877 SF basement, gas-fired hot-water heat, asphalt-shingle mansard roof, shingle exterior and open porch. Public records identify the property as a 12-unit apartment building. Excellent New London location near the Thames River waterfront, downtown New London, Waterfront Park, Cross Sound Ferry and the city's intermodal transportation center, providing access to ferry, rail and bus transportation. New London's waterfront and downtown offer restaurants, entertainment, arts, recreation and waterfront activities, while nearby conveniences include Lawrence + Memorial Hospital, shopping, grocery stores and major roadways. The property also has a reported Walk Score of 92. Ideal for investors seeking a partially renovated multifamily asset with significant improvements already completed and additional value-add potential through completion of the remaining units. Property, unit conditi

Features:

  • Rooms: 56
  • Year Built: 1925
  • Building age: Over 50 years old
  • Property Features: Porch
  • Outdoor Space Description: Porch
  • Utilities: City Water, Public Sewer
  • Lot Description: Sidewalks, Level
  • Basement and Foundation: Crawl Space
  • Elementary School: Per Board of Ed

Location:

82 Maple Avenue, New London, Connecticut 06320, USA
Listed By CENTURY 21 AllPoints Realty

The Residential For Sale, Multi-Family Home located at 82 Maple Avenue, New London, Connecticut 06320, USA is currently for sale. 82 Maple Avenue, New London, Connecticut 06320, USA is listed for $1,700,000 USD. This property has 20 bedrooms, 12 full baths and 8,732 sqft. If the property located at 82 Maple Avenue, New London, Connecticut 06320, USA isn't what you're looking for, search Connecticut Real Estate to see other Homes For Sale in New London.

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