Skip To Content

20 Garvin Street

New London, CT 06320
  • $875,000
  • STATUS: Closed
  • ON SITE: 129 Days
  • MLS #: 24068042
Sold - 05/12/2025
$875,000
SOLD - 05/12/2025
  • 12
    BEDS
  • 0.2
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 6,561
    SQFT
  • $133
    $/SQFT
Type:
Multi-Family
Built:
1870
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to 20 Garvin St., a pristine 8-unit multifamily property offering a solid income stream. This well-maintained, fully occupied building is a prime opportunity for investors looking for a hassle-free addition to their portfolio. Key features include: Separately metered electric heat and hot water - tenants manage their own utilities, reducing landlord responsibilities. Updated roof, windows, siding, and driveway - recent upgrades ensure minimal maintenance and long-term value. Fully occupied units - an income-producing asset from day one. Don't miss out on this fantastic turnkey investment opportunity in a vibrant and growing community.

Monthly Payment Calculator



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. Data last updated: 2025-05-20T22:10:05.593.
www.thecthomefinder.com/homes/159351106
Print Image

20 Garvin Street New London, CT 06320

  • Price: $950,000
  • Status: Closed
  • On Site: 129 Days
  • Updated: 39 min ago
  • MLS #: 24068042
12
Beds
8
Baths
0
½ Baths
0.2
Acres
6,561
SQFT
$133
$/SQFT
1870
Built
County:
New London
Area:
New London
Elementary School:
per board of ed
Middle School:
Dover Jackson
High School:
New London
Property Description
Welcome to 20 Garvin St., a pristine 8-unit multifamily property offering a solid income stream. This well-maintained, fully occupied building is a prime opportunity for investors looking for a hassle-free addition to their portfolio. Key features include: Separately metered electric heat and hot water - tenants manage their own utilities, reducing landlord responsibilities. Updated roof, windows, siding, and driveway - recent upgrades ensure minimal maintenance and long-term value. Fully occupied units - an income-producing asset from day one. Don't miss out on this fantastic turnkey investment opportunity in a vibrant and growing community.
Exterior Features

Color beige Direct Waterfront YN No Exterior Siding Vinyl Siding Garage And Parking NoneParking Lot Lot Description City ViewsLevel Lot Parking Total Spaces 12 Roof Information Asphalt Shingle Style 3updown - Unit(s) per Floor Swimming Pool YN No

Interior Features

Attic YN No Basement Description None Cooling System Window Unit Fireplaces Total 0 Heat Type Baseboard Home Automation Appliances Laundry Room Info None Sq Ft Est Heated Above Grade 6561 Sq Ft Total 6561 Total Rooms 36 Total Rooms Multi Family 36

Property Features

Agent Owner YN No Bank Owned Property No Financing Used Conventional Fixed Foundation Type Concrete Gross Annual Expense 24220 Gross Annual Income 100500 Heat Fuel Type Electric Home Owners Assocation No Home Warranty Offered YN No Hot Water Description Electric50 Gallon Tank Intermediate School Per Board of Ed Net Operating Income 76280 New Construction Type No/Resale Potential Short Sale No Property Sub Type 5 Family+ Sewage System Public Sewer Connected Tax Year July 2024-June 2025 Total Number Of Units 8 Under Agreement Yn No Water Source Public Water Connected Zoning R-3

Listing information © 2025 Smart MLS
Listing provided courtesy of Kristin Davis of Berkshire Hathaway NE Prop.: (860) 633-3674.


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. Data last updated: 2025-05-20T22:10:05.593.
 
Logo
The Higgins Group - The CT Home Finder
1499 Post Road
Fairfield CT, 06880