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19 Alger StreetNew London, CT 06320MLS Number 170163181

  • Price: $189,900The 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: 4.35% last updated on 2019-02-21

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

  • 0.18Acreage
  • 2,890Square Feet
  • 1915Year Built

A wonderful opportunity to own a spacious two-family investment property. Two fully leased units, with separate utilities for each, this home has positive cash flow for a new owner to take advantage of. The first floor unit has two bedrooms, updated kitchens and baths with tile/granite, living room space, hardwood floors, and an additional room that can be used as an office or toddler room. The second floor unit is updated as well, with three bedrooms, a full bath, and hardwood floors. The second floor unit also expands into the finished attic space, where there is a second bathroom and additional living space. Separate oil furnaces, gas hot water heaters, electrical services, and washer/dryer hook ups for each unit. Current rents are $1000 and $1050 per month respectively, which can easily be increased in time. Great location, just a short walk to L&M Hospital, Electric Boat, and Mitchell College.

Listed by John Troland, Jr. of William Raveis Real Estate

Driving Directions

Market Realty, LLC

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$189,900
  • Square Feet2,890
  • HoaNo
  • Lease purchaseNo
  • Units2
  • Property subtype2 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.18
  • MLS Number170163181

Interior

  • RoofAsphalt Shingle

Exterior

  • ColorWhite
  • Exterior featuresDeck
  • Exterior sidingVinyl Siding

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Hot water descriptionNatural Gas
  • Heating FuelOil
  • Fuel tank locationIn Basement
  • Heat SystemSteam
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Milrate base43
  • Milrate total43.74
  • Taxes$4,198
  • Tax YearJuly 2018-June 2019
  • Assessed value$95,970

Building

  • Year Built1915
  • Property StyleUnits on different Floors
  • Energy FeaturesThermopane Windows
  • FoundationStone
  • Garage Parking InfoDetached Garage, On Street Parking, Off Street Parking
  • New construction typeNo
  • AtticYes
  • Attic descriptionFinished
  • BasementFull With Hatchway

Amenities

  • Amenities
    • Basketball Court
    • Medical Facilities
    • Park
    • Playground/Tot Lot
    • Public Transportation
    • Walk to Bus Lines
  • Association amenitiesNone

Other

  • Space is leasedNo
  • View Count1

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolPer Board of Ed

Rooms

  • Laundry room infoAll Units Have Hook-Ups, Basement Hook-Up(s)

Location

  • StateCT
  • Zip06320
  • CountyNew London

Property

  • Lot DescriptionCity Views, Sloping Lot
  • Driveway TypeShared, Paved
  • Garage1
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Water Body

  • Waterfront DescriptionNot Applicable
  • WaterfrontNo

Auction

  • Bank owned propertyNo

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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