82 Maple Avenue, New London, CT 06320
82 Maple Avenue, New London, CT 06320
82 Maple Avenue, New London, CT 06320
82 Maple Avenue, New London, CT 06320
82 Maple Avenue, New London, CT 06320
82 Maple Avenue, New London, CT 06320
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Ilka Torres

Ilka Torres

+1(860) 697-9971
$ 1,700,000
Est. payment | /mo

20 Beds

12 Baths

8,732 SqFt

Save
$ 1,700,000
Est. payment | /mo
Save

20 Beds

12 Baths

8,732 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 8,732 sqft

Price per Sqft $194

MLS Listing ID 24198075

Style Other

Bedrooms 20

Full Baths 12

Year Built 1925

Annual Tax Amount $18,146

Lot Size 0.340 Acres

Property Sub-Type 5 Family+

Property Description

Excellent value-add opportunity at 80-82 Maple Avenue, New London. This 12-unit apartment building is already well into a substantial renovation program. Eight units are renovated and/or in good condition, one unit is currently being renovated, and three units are gutted or under construction, providing an investor with clear upside through completion of the remaining renovations and further stabilization of the property. Built in 1925, the property offers approximately 8,732 SF of building area / 10,555 SF gross area on approximately 0.34 acres (14,810 SF). Features include two stories, a 2,877 SF basement, gas-fired hot-water heat, asphalt-shingle mansard roof, shingle exterior and open porch. Public records identify the property as a 12-unit apartment building. Excellent New London location near the Thames River waterfront, downtown New London, Waterfront Park, Cross Sound Ferry and the city's intermodal transportation center, providing access to ferry, rail and bus transportation. New London's waterfront and downtown offer restaurants, entertainment, arts, recreation and waterfront activities, while nearby conveniences include Lawrence + Memorial Hospital, shopping, grocery stores and major roadways. The property also has a reported Walk Score of 92. Ideal for investors seeking a partially renovated multifamily asset with significant improvements already completed and additional value-add potential through completion of the remaining units. Property, unit conditi

Location

State CT

County New London

Zoning R-2

Rooms

Basement Crawl Space

Interior

Heating Hot Water

Cooling None

Exterior

Exterior Feature Balcony, Sidewalk, Porch, Garden Area

Waterfront Description Not Applicable

Roof Type Asphalt Shingle,Shingle

Building

Lot Description Level Lot

Foundation Concrete, Masonry

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools New London

Listed by Tyler DeVecchis • Century 21 AllPoints Realty
Nearby Locations

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Ilka Torres
Ilka Torres

Broker | License ID: REB.0794005

+1(860) 697-9971

1939 Broad St, Hartford, CT 06114, USA

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82 Maple Avenue