140 State Street, New London, Connecticut 06320

List Price
Year Built
Living Area

Property Description

8 unit income producing property in the heart of downtown New London. 9,325 SF with 2 commercial units (1 leased to a recording studio, 1 available formerly a bar), 5 apartments (one 3 bedroom recently renovated, vacant & ready to lease; other 4 leased). Coin washer/dryer on site. Well maintained building with many upgrades including hardwood floors, new roof 2018, apartments with granite counter tops & stainless steel appliance. Room to increase NOI by separately metering units - currently separately metered by floor. 6 CAP. Located in the City's Enterprise Zone & Federal Opportunity Zone.

Additional Information

Lot Size
Hot Air
Fuel Type
Cooling System Type
Central Air
Public Sewer Connected
Water Source
Public Water Connected

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Constance Howard from US Properties

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