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42 Spring Street

New London, CT 06320
  • $374,900
  • STATUS: Active Under Contract
  • ON SITE: 72 Days
  • MLS #: 24151496
Under Contract
UPDATED: 67 min ago
$374,900
  • 4
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,760
    SQFT
  • $213
    $/SQFT
Type:
Multi-Family
Built:
1906
County:
Area:

School Information

Elementary School:
High School:

Description

Welcome to 42 Spring Street, a turnkey two-family home and strong income-producing opportunity. Whether you rent both units or live in one and rent the other, this property offers real income and long-term value. The detached garage has its own electric meter and can be rented separately, providing an additional income source. Very well maintained and filled with natural light, this home is truly move-in ready. Unit 1 (first floor) offers a bright one-bedroom layout with a spacious eat-in kitchen, a comfortable living room, and an updated kitchen and bath. Unit 2 combines the second and third floors and features three spacious bedrooms with good closet space, a large eat-in kitchen, and a full bath. The upper unit includes kitchen upgrades and generous living space. Each unit has its own gas and electric meters, with gas heat and hot water serving each unit independently. Updates include a roof approximately 8 years old, updated windows and siding, and LED lighting throughout both units, inside and outside. The basement is clean, well maintained, and uncluttered. Enjoy a welcoming front porch, perfect for sitting and relaxing, plus a partially fenced backyard ideal for outdoor enjoyment. Conveniently located near Electric Boat, the Coast Guard Academy, Connecticut College, Pfizer, the train station, and the beach. An excellent opportunity for owner-occupants or investors.

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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 2026 SmartMLS, Inc. Data last updated: 2026-04-11T00:10:23.593.
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42 Spring Street New London, CT 06320

  • Price: $374,900
  • Status: Active Under Contract
  • On Site: 72 Days
  • Updated: 67 min ago
  • MLS #: 24151496
4
Beds
2
Baths
0
½ Baths
0.11
Acres
1,760
SQFT
$213
$/SQFT
1906
Built
County:
New London
Area:
New London
Elementary School:
per board of ed
High School:
per board of ed
Property Description
Welcome to 42 Spring Street, a turnkey two-family home and strong income-producing opportunity. Whether you rent both units or live in one and rent the other, this property offers real income and long-term value. The detached garage has its own electric meter and can be rented separately, providing an additional income source. Very well maintained and filled with natural light, this home is truly move-in ready. Unit 1 (first floor) offers a bright one-bedroom layout with a spacious eat-in kitchen, a comfortable living room, and an updated kitchen and bath. Unit 2 combines the second and third floors and features three spacious bedrooms with good closet space, a large eat-in kitchen, and a full bath. The upper unit includes kitchen upgrades and generous living space. Each unit has its own gas and electric meters, with gas heat and hot water serving each unit independently. Updates include a roof approximately 8 years old, updated windows and siding, and LED lighting throughout both units, inside and outside. The basement is clean, well maintained, and uncluttered. Enjoy a welcoming front porch, perfect for sitting and relaxing, plus a partially fenced backyard ideal for outdoor enjoyment. Conveniently located near Electric Boat, the Coast Guard Academy, Connecticut College, Pfizer, the train station, and the beach. An excellent opportunity for owner-occupants or investors.
Exterior Features

Direct Waterfront YN No Driveway Type Paved Exterior Siding Vinyl SidingAsbestos Garage And Parking Detached GaragePavedOff Street ParkingDriveway Lot Description N/A Nearby Amenities ParkPublic Rec FacilitiesPublic Transportation Parking Total Spaces 5 Roof Information Asphalt Shingle Style Units on different Floors Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic YN No Basement Description FullUnfinishedFull With Hatchway Cooling System Window Unit Fireplaces Total 0 Heat Type Hot Water Laundry Room Info All Units Have Hook-Ups Sq Ft Est Heated Above Grade 1760 Sq Ft Total 1760 Total Rooms 10 Total Rooms Multi Family 10

Property Features

Acceptable Financing FHAVACHFA Agent Owner YN Yes Bank Owned Property No Foundation Type BrickConcrete Heat Fuel Type Natural Gas Home Owners Assocation No Hot Water Description Natural Gas40 Gallon Tank New Construction Type No/Resale Potential Short Sale No Property Sub Type 2 Family Sewage System Public Sewer Connected Tax Year July 2025-June 2026 Total Number Of Units 2 Under Agreement Yn No Water Source Public Water Connected Zoning R-2

Listing information © 2026 Smart MLS
Listing provided courtesy of Angela Espinoza of CT Homes Real Estate: .


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 2026 SmartMLS, Inc. Data last updated: 2026-04-11T00:10:23.593.
 
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