205 Crystal Ave, New London, CT

Name: 205 Crystal Ave, Other in New London - Zoocasa
Brand: Real Broker CT, LLC
SKU: 24190831
Price: 250000 USD

House

Other

Listed price in listed location currency (USD).

$250,000

830

MLS® 24190831

Overview

Key Facts

Type Triplex

Levels Residential Income

Size 2272 sqft

Garage

Taxes $4,953

Days Active 9

Lot Size 0.16 Acres

Approx. Age 1890

Avg. Price Per Sqft $110

MLS® Number 24190831

Property Address: 205 Crystal Ave, New London, CT, 06320-6519

Average square foot calculated using Size range provided by listing agent.

Description

Investors, take notice! Your next renovation, BRRRR, house-hack, or long-term hold could be waiting at 205 Crystal Ave, New London. This three-family offers tremendous value-add potential with 6 bedrooms, 3 full baths, well over 2, 200 square feet of living space, and the potential for even more. Featuring large units, hardwood floors throughout, solid bones, natural gas, and both on-street and off-street parking, this property provides an excellent foundation for your next investment. The right renovation could unlock strong after-repair value, increase rental income, and build long-term equity. Conveniently located near the U.S. Coast Guard Academy, Connecticut College, Electric Boat, and the U.S. Submarine Base, it's well-positioned to attract long-term tenants. Based on your renovation plan and rental strategy, this is a property investor should seriously entertain, with the potential to produce double-digit returns and, if renovation costs, financing, operating expenses, and rental income align as projected, the possibility of achieving a 10-12% cap rate. Bring your vision and bring 205 Crystal Ave. back to life.

MLS® Number24190831

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1890

BasementFull, Storage

Driveway

Garage Spaces

HeatNatural Gas, Steam

A/CNone

Extras

Map

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