19 Summer
New London, CT 06320
Map
- 6 beds
- 3 baths
- 2,738 sqft
- 4,792 sqft lot
- $191 per sqft
- 1900 build
- – on site
This fully occupied, cash-flowing three-family property in the heart of New London generates over $60,000 in gross annual income, with an approximate net income of $55,000 per year-making it a strong turnkey investment with room to grow. Each of the three spacious units features 2 bedrooms and 1 full bath, offering generous layouts that appeal to a wide range of tenants. Two units have been updated within the past year, and the building boasts a brand-new Gambrel-style roof with 30-year shingles for long-term durability. Located in a convenient and desirable area of New London, the property offers easy access to major highways, public transportation, downtown shops and restaurants, local colleges, and the waterfront-enhancing its rental appeal. Additional highlights include on-site laundry in the basement and plentiful private off-street parking. With the potential to increase income by updating the remaining unit, this property combines immediate cash flow with long-term upside in a growing coastal city known for strong rental demand and vibrant community life. Please come and take a look!
Last checked:
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Last updated Jun 26, 2025
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MLS# 24106926 —
The Building
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Year Built:1900
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors
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Roof Information:Asphalt Shingle
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Attic:No
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Exterior Siding:Vinyl Siding
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Foundation Type:Concrete
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Basement Description:Partial
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SqFt Total:2738
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SqFt Est Heated Above Grade:2738
Interior
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Laundry Room:Basement Hook-Up(s)
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Laundry Room Location:Basement
Room Dimensions
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Living Area SqFt Per Public Record:2738
Location
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Directions:Turn onto Summer Street. House will be on the left.
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Neighborhood:N/A
The Property
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Parcel Number:1999480
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Property Type:Multi-Family For Sale
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Property Subtype:3 Family
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Zoning:Multi
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Acres:0.11
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Acres Source:Public Records
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Lot Description:N/A
Listing Agent
- Contact info:
- Agent phone:
- (855) 450-0442
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:5429
Beds
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Beds Total:6
Baths
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Total Baths:3
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Full Baths:3
Heating & Cooling
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Heat Type:Hot Water
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Heat Fuel Type:Oil
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Cooling System:Wall Unit
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage & Parking:None, Paved, Off Street Parking, Driveway
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Parking Total Spaces:7
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/25/25
Jun 25, 2025
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Listed / Active | SMART_MLS | $525,000 | 61.5% (29.2% / YR) |
|
5/18/23
May 18, 2023
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SMART_MLS | $325,000 | ||
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5/17/23
May 17, 2023
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SMART_MLS | $325,000 |
