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6 Redden AvenueNew London, CT 06320MLS Number E278800

  • Price: $1,100,000The price has recently decreased
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 4.03% last updated on 2017-07-13

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

  • 0.28Acreage
  • 1970Year Built
  • OtherCommercial catagory
  • $430,080Assessed value

This property is an 18 unit two story apartment complex. There are 16 studios ($675/mo.) and 2 one bedroom apartments ($750/mo). Parking on site. Electric is separately metered. Laundry room on site. Owner pays heat (oil) and hot water. Fully occupied, new water heater. Rental Income: $147,600. Also listed under multi-family see listing # e278891.

Listed by Susan Howard of US Properties

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Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

More Info

Basic Information

  • Broker NameUS Properties
  • List Price$1,100,000
  • MLS NumberE278800
  • Property TypeCommercial For Sale
  • StatusACT
  • TownNew London
  • Commercial catagoryOther
  • Also for leaseNo

Utilities

  • Heat SystemWarm Air
  • Heating FuelNo Fuel, Oil
  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Assessed value$430,080
  • Taxes$17,401
  • Tax YearJuly 2015-June 2016
  • Milrate total40.46

Building

  • Year Built1970
  • AtticNo
  • Garages0
  • Stories2
  • Additional space availableNo

Water Body

  • WaterfrontNo

Other

  • Lease purchaseNo
  • Purchase optionNo
  • Landlord responabilityElectricity, Heat
  • Inventory includedNo
  • Net operating income89318
  • Space is leasedNo
  • View Count7

Basic Information

  • Agent ID, EHOWARDS

Location

  • CountyNew London
  • StateCT
  • Zip06320

Property

  • Acreage0.28
  • Parking Spaces99
  • Parking spaces uncovered99
  • FloodzoneNo
  • Road Frontage999
  • Environmental assessmentNo
  • SwimmingpoolNo

Auction

  • Bank owned propertyNo

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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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