36 Cleveland Street
New London, Connecticut

Description:

Huge 1900s multi-family in great New London location. 3,533 square feet across 10 total rooms, with 8 bedrooms and 3 full baths between the units. First and second floor units are currently tenant-occupied - Unit 1 (1,428 sq ft) and Unit 2 (1,289 sq ft), each with 3 bedrooms and 1 full bath - delivering immediate rental income from day one. Both include oven/range and refrigerator. The property sits on a level corner lot with a covered porch, gutters, and a detached one-car garage plus additional parking space, a valuable feature for multi-family in this area. Steam heat (oil-fueled) with a tankless water heater and public water/sewer service (in street) round out the utilities. Ideally located near C.B. Jennings Elementary, Dover-Jackson Middle, and New London High School, with nearby access to basketball courts, commuter bus, golf, library, medical facilities, parks, and private schools. A strong opportunity for an investor to add a fully occupied, cash-flowing two-family with 3rd floor expansion to their portfolio in a walkable New London neighborhood. Being sold As Is.

Listing Courtesy of KW Legacy Partners