About 17 Franklin St
INVESTORS! $87,000 income! Don’t let the exterior scare you. RENOVATED INTERIOR! Unit 1 (bottom right) tenant is a long term tenant. This unit has not been renovated and rent reflects this. All other units have been fully renovated including new carpets, new heating systems, and new kitchen cabinets with granite countertops. All tenants are current and pay on time. Property has a driveway on the right side, leading to a parking lot in the rear with a 3 bay detached garage. Potential to rent each bay out for $150/each to increase revenue. One bay is rented by a tenant. Please DO NOT bother the tenants! Can be sold together with 192 Shaw Street, New London MLS #170549453 ***Cap rate and potential increased rents make this a great opportunity for an investor!***
Features of 17 Franklin St
| MLS® # | 170549981 |
|---|---|
| Price | $900,000 |
| Bedrooms | 11 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 3,952 |
| Acres | 0.16 |
| Year Built | 1870 |
| Type | Multi-Family |
| Sub-Type | 5 Family+ |
| Status | Active |
Community Information
| Address | 17 Franklin St |
|---|---|
| Area | N/A |
| City | New London |
| County | New London |
| State | CT |
| Zip Code | 06320 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Detached Garage, Parking Lot, Off Street Parking |
| Garage Spaces | 3 |
| Garages | Detached Garage, Parking Lot, Off Street Parking |
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Hot Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior | Wood |
|---|---|
| Lot Description | Level Topography |
| Roof | Asphalt Shingle |
| Construction | Frame |
| Foundation | Stone |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | February 12th, 2023 |
|---|---|
| Days on Market | 44 |
| Zoning | R-3 |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX ONE |
|---|