138 Huntington St - Apartments FOR SALE


New London, CT 06320
$700,000 USD
203-486-9039
138 Huntington St, New London, CT for Sale
$700,000 USD
Apartments - FOR SALE
1/7
null | 7.03% Cap Rate

138 Huntington St
New London, CT 06320


HIGHLIGHTS

  • Convenient Location
  • Upside Potential
  • Area Employers
  • Area Economic Drivers
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 138 Huntington Street in New London, Connecticut (the “Property”). The Property is improved by a three-story brick building and contains nine (9) residential units comprised of six (6) Studio units and three (3), 1-Bedroom/1- Bathroom units with 4,041 square feet of living space in 5,322 square feet of gross area on a 0.14-acre parcel of land. The Property also features an on-site laundry facility. The Property is well located along Huntington Street and is seconds from Downtown New London and the banks of the Thames River. The Property provides convenient access to public schools, colleges and universities, shopping amenities, restaurants, harbors and marinas, and major area employers. The Property is also close to major area roadways including Interstate 95, US Route 1, and CT Routes 85, 156, 213, 184, and 12. New London is located along the shoreline in southeastern Connecticut and is the economic center of the region.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$132 USD /SF

# OF UNITS

9

PRICE/UNIT

$77,778

CAP RATE

7.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

138 Huntington St

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,111 SF

ZONING

R3

APN/PARCEL ID

NLON-000036-000209-000007

ASK ABOUT THIS PROPERTY

Tom ConnorHorvath & TremblayMore Info
203-486-9039

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Tom ConnorHorvath & TremblayMore Info
203-486-9039

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.