Smart MLS #24063083
205 Shaw St,
New London, CT 06320
For Sale
Multi-Family Home$524,900
4 Units · 2400 Sqft
Attention investors! 205 shaw street is a value-add 4-family investment property offering immediate cash flow over an 8.2 cap with potential to stabilize over a 9.5 cap. this prime value-add opportunity features full occupancy, with recent renovations in all four units. basement unit and unit 2 are completely renovated featuring brand-new vinyl flooring, stainless steel appliances, and modern finishes, appealing to today's renters. located in a high-demand area with steady rent growth, it's just 3 miles from the groton submarine base, local beaches, and universities, and only a 15-minute commute to electric boat. situated one block from a brand-new luxury apartment complex, this property guarantees strong rental demand. whether you're looking to build your portfolio or live mortgage-free with rental income covering your expenses, 205 shaw street is a rare opportunity to own an asset with strong upside in a thriving market.
Map
Listing
Market Stats
- List $524,900
- Original $549,900
- 121 Days on Market
Real Estate Agent
Details
Building
- Built 1900
- 4 Units
- 9 Beds
- 4.00 Baths
- 0 Fireplaces
- Full Basement, Basement Apartment
Sqft
- 2400 Total Sqft
Lot / Land
- 0.15 Acres
- 900 Neighborhood
- Corner Lot
Other
- 0 Garages
Utilities
- Hot Air
- Public Water Avail
- Public Sewer Avail
Taxes
- Assessment $158,600
- Mill Rate 27.50
- Taxes $4,362
- Parcel Num 1998672
Schools
Elementary
- Harbor
High
- New London
Mortgage Calculator
- 30yr Fixed-Rate Loan
- 6.83% Interest
- Purchase Price $524,900
- Down Payment $104,980 (20.00%)
Estimated Payment with
30yr Fixed Rate Mortgage
30yr Fixed Rate Mortgage
Monthly
$3,109
$3,109
Monthly Est. $3,109
Yearly Est. $37,314
30yr Est. $1,119,406
Share this Listing ..
This real estate listing for sale at 205 Shaw St has 9 bedrooms, 4.00 bathrooms, and was built in 1900. It is located in the New London, Connecticut area with the 06320 zip code. For more info about the property at 205 Shaw St, New London, CT 06320 United States or if you would like to schedule a showing, please contact the listing agent above.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:02:26. 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 2021 SmartMLS, Inc.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:02:26. 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 2021 SmartMLS, Inc.