New London, CT 06320,20 Garvin Street

$875,000

$950,000

7.9%
Est.Price: ?

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Est. payment /mo

12 Beds

8 Baths

6,561 SqFt


SOLD DATE : 05/12/2025

Key Details

Sold Price $875,000

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Sold

Purchase Type For Sale

Square Footage 6,561 sqft

Price per Sqft $133

MLS Listing ID 24068042

Sold Date 05/12/25

Style 3updown - Unit(s) per Floor

Bedrooms 12

Full Baths 8

Year Built 1870

Annual Tax Amount $11,091

Lot Size 8,712 Sqft

Property Sub-Type 5 Family+

Property Description

Welcome to 20 Garvin St., a pristine 8-unit multifamily property offering a solid income stream. This well-maintained, fully occupied building is a prime opportunity for investors looking for a hassle-free addition to their portfolio. Key features include: Separately metered electric heat and hot water - tenants manage their own utilities, reducing landlord responsibilities. Updated roof, windows, siding, and driveway - recent upgrades ensure minimal maintenance and long-term value. Fully occupied units - an income-producing asset from day one. Don't miss out on this fantastic turnkey investment opportunity in a vibrant and growing community.

Location

State CT

County New London

Zoning R-3

Rooms

Basement None

Interior

Heating Baseboard

Cooling Window Unit

Exterior

Parking Features None, Parking Lot

Roof Type Asphalt Shingle

Building

Lot Description City Views, Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

Middle Schools Dover Jackson

High Schools New London

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Listed by Kristin Davis • Berkshire Hathaway NE Prop.
Bought with Erin McNamara • RE/MAX on the Bay

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