Attention investors! 205 Shaw Street is a value-add 4-family investment property offering immediate cash flow over an 8.2 cap with potential to stabilize over a 9.5 CAP. This prime value-add opportunity features full occupancy, with recent renovations in all four units. Basement unit and Unit 2 are completely renovated featuring brand-new vinyl flooring, stainless steel appliances, and modern finishes, appealing to today's renters. Located in a high-demand area with steady rent growth, it's just 3 miles from the Groton Submarine Base, local beaches, and universities, and only a 15-minute commute to Electric Boat. Situated one block from a brand-new luxury apartment complex, this property guarantees strong rental demand. Whether you're looking to build your portfolio or live mortgage-free with rental income covering your expenses, 205 Shaw Street is a rare opportunity to own an asset with strong upside in a thriving market.

The data relating to real estate for sale on this website appears in part through the SmartMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SmartMLS through a licensing agreement. Listing information is from various brokers who participate in the SmartMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc.

Name

Your Email Address

Phone

Message Send me the deed for 205 Shaw Street New London CT 06320 (ID#:24063083)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 205 Shaw Street New London CT 06320 (ID#:24063083)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 205 Shaw Street New London CT 06320 (ID#:24063083)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

Map Location

Driving Directions

Judith Caracuasa at The Market Team at William Pitt Sotheby's International Realty

Listing Tools

$/month over payments

Hi there! How can we help you?

Send to a friend

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Judith Caracuasa at The Market Team at William Pitt Sotheby's International Realty