157 Crystal Ave - Apartments FOR SALE


New London, CT 06320
$700,000 USD
860-333-3242
157 Crystal Ave, New London, CT for Sale
$700,000 USD
Apartments - FOR SALE
1/20
null | 10.36% Cap Rate

157 Crystal Ave
New London, CT 06320


OVERVIEW

Situated in the New London Opportunity Zone, this zoned Five-Family offers great value-add investment. Currently rented by the room; but easily reverted back to traditional rental structure. New London offers a consistent, high-demand rental market that ensures low-vacancy and long-term income potential.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

5

PRICE/UNIT

$140,000

CAP RATE

10.36%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,999 SF

ZONING

R-2

APN/PARCEL ID

NLON-000047-000292-000016

ASK ABOUT THIS PROPERTY

Kyle SchraderSeaport CommercialMore Info
860-333-3242

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Kyle SchraderSeaport CommercialMore Info
860-333-3242

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