17 Franklin St, New London, CT


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Square feet



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


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


Heating Hot Air, Natural Gas
Cooling None
Fireplace No


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


Listing Map

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