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40 Walden AvenueNew London, CT 06320MLS Number 170083336

  • Price: $279,900The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 3.94% last updated on 2017-12-21

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 8Bedrooms
  • 4Bathroom
  • 0.14Acreage
  • 3,297Square Feet

Well-kept and money-making 4 family. Spacious bright airy apartments with high ceilings and large windows. Full basement with lots of space, coin-op laundry for extra cash flow, and locked landlord storage room. Off-street parking, back yard, convenient location. Many recent upgrades: All new wall-mounted gas furnaces with digital readout, 2015. New roof, 2012. Complete lead abatement including all new thermopane windows, using a City of New London grant, 2010. Fresh paint and carpet as apartments turn over. Great for an owner-occupant who wants the tenants to pay the mortgage - one first-floor apartment is vacant and ready to move in. Also great for an investor who wants a turnkey building with the renovations already done.

Listed by Marjorie Blizard of RANDALL, REALTORS-Christie's

Driving Directions

Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

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More Info

Basic Information

  • StatusACT
  • List Price$279,900
  • Square Feet3,297
  • HoaNo
  • Lease purchaseNo
  • Units4
  • Property subtype4 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.14
  • MLS Number170083336

Interior

  • Rooms total multifamily20
  • RoofAsphalt Shingle

Exterior

  • ColorGreen
  • Exterior featuresGutters, Porch-Enclosed, Sidewalk
  • Exterior sidingAsbestos

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemCeiling Fans
  • Hot water descriptionElectric
  • Heating FuelNatural Gas
  • Fuel tank locationNon Applicable
  • Heat SystemBaseboard
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Milrate base44
  • Milrate total44.26
  • Taxes$4,241
  • Tax YearJuly 2017-June 2018
  • Assessed value$95,830

Building

  • Bedrooms8
  • Bathroom4
  • Year Built1920
  • Property StyleUnits on different Floors, Units are Side-by-Side
  • Energy FeaturesThermopane Windows
  • FoundationStone
  • Garage Parking InfoDriveway, On Street Parking
  • New construction typeNo
  • AtticYes
  • Attic descriptionAccess Via Hatch, Crawl Space
  • BasementFull With Hatchway, Partially Finished, Concrete Floor, Interior Access, Storage
  • Full Bath4

Water Body

  • Waterfront DescriptionNot Applicable
  • WaterfrontNo

Auction

  • Bank owned propertyNo

Other

  • Radon mitigation airNo
  • Radon mitigation waterNo
  • Space is leasedNo

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolNew London

Rooms

  • Laundry room infoCoin Op Laundry, Common Laundry Area

Location

  • StateCT
  • Zip06320
  • CountyNew London

Property

  • Lot DescriptionLevel Lot
  • Driveway TypePaved
  • Garage
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Amenities

  • AmenitiesPublic Transportation, Walk to Bus Lines

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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