New London, CT 06320,209 Pequot Avenue

$525,000

Est. payment /mo

$599,925

12.5%
Est.Price: ?

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209 Pequot Avenue New London, CT 06320

6 Beds

4 Baths

2,190 SqFt

SOLD DATE : 09/30/2025

Key Details

Sold Price $525,000

Property Type Multi-Family

Sub Type 2 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,190 sqft

Price per Sqft $239

MLS Listing ID 24100879

Sold Date 09/30/25

Style Units on different Floors

Bedrooms 6

Full Baths 4

Year Built 1880

Annual Tax Amount $8,777

Lot Size 0.400 Acres

Property Sub-Type 2 Family

Property Description

Exceptional investment opportunity in a prime New London location-this well-maintained, income-producing two-family home offers strong rental potential, a partially finished basement apartment, and significant recent upgrades including new electrical throughout and brand-new boilers. The spacious first-floor unit features four bedrooms and three full bathrooms, hardwood flooring, a classic stone fireplace, and a large living room filled with natural light. Tenants will enjoy access to a beautiful front porch offering exceptional water views-an appealing feature for long-term or short-term renters. The second-floor unit includes two bedrooms, one bathroom, another stone fireplace, and hardwood floors throughout, providing a warm and comfortable living space. The lower level includes a partially finished apartment, presenting additional income potential or flexibility for extended tenant use. Situated on a generous 0.40-acre lot, the property includes an antique potting shed and a detached five-car garage-ideal for tenant storage, workshop space, or additional rental income. Location, versatility, and key mechanical upgrades, this multi-family property is a valuable addition to any investor's portfolio. Don't miss this outstanding opportunity. Proximity to key institutions such as the U.S. Coast Guard Academy, Connecticut College, and Pfizer supports consistent occupancy and long-term investment stability.

Location

State CT

County New London

Zoning R-3

Rooms

Basement Full, Unfinished

Interior

Heating Hot Water

Cooling None

Exterior

Parking Features Detached Garage, Off Street Parking

Garage Spaces 5.0

Waterfront Description Ocean Frontage,Walk to Water

Roof Type Asphalt Shingle

Building

Lot Description Corner Lot, Water View

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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Listed by Jayson Kemp • Five Stars Realty
Bought with Melissa DiPiazza • RE/MAX One
Brian Burke

Brian Burke

Agent | License ID: 0780445

+1(860) 798-3272

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