Discover an exceptional investment opportunity with this historic eight-unit apartment building at 171 Garfield Ave, New London. Built in 1875 and renovated in 2003, this property blends timeless charm with modern amenities. Located in a prime area, it offers easy access to medical facilities, shopping, and public transportation. Each unit features modern conveniences, including baseboard heating and natural gas water heating. Managed by Blue Rock Property Group, the building is well-maintained and currently generates $9, 400 monthly rent, with potential to increase to $11, 500. With a low vacancy rate and strong rental market, this property is a lucrative addition to any investment portfolio For more details: https://realtyww.info/homes_new-london-d527080/for-sale_i73742114
Extra Information for 171 Garfield Ave New London, CT
- Seller Type:
- Category: Single-Family Houses
- Listed Date: Jul 07, 2024