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Back 171 Garfield Avenue
Off Market

171 Garfield Avenue

New London CT 06320

15
10
6385 sq. ft.
0.53 ac.
Multi-Family
Last sold for $850,000
Andrew O'ReillyAndrew O'Reilly, last sold this property on 09 January 2025 after 190 days on market.

Overview

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

Features

15 bedrooms
10 bathrooms
6385 sq. ft. floor area
0.53 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 15 bedroom multi families sold in New London over the last 12 months.

Property history for 171 Garfield Avenue

2025
Sold
$850,000
09 Jan 2025 by Andrew O'Reilly, of Seaport Real Estate Services
2021
Sold
$300,000
07 Jan 2021

Happy sellers in New London

97%
97% of sellers in New London reported that their sale price either exceeded or met their price expectations.

New London stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in New London over the last 12 months.

Local market activity for 15 bedroom multi families in New London

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in New London

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Carlos Luque

Carlos Luque is an award winning recommended agent for New London.  They have 4 local sales and collected 6 local reviews across the last 12 months.

  •   5   (36 reviews)
  •  6 Reviews in New London
  •  4 Sales in New London
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Kristopher Tramont

Sellers who recommend Kristopher Tramont have praised them for being local expert, clear communication, responsive, proactive, strategic, supportive, and attentive

  •   5   (142 reviews)
  •  4 Reviews in New London
  •  5 Sales in New London
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Geoff Hausmann

Sellers who recommend Geoff Hausmann have praised them for being local expert, patient, clear communication, reliable, friendly, dedicated, and supportive

  •   5   (64 reviews)
  •  3 Reviews in New London
  •  5 Sales in New London
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Bill Heenan

Sellers who recommend Bill Heenan have praised them for being local expert, responsive, supportive, great team, well-prepared, and reliable

  •   5   (43 reviews)
  •  2 Reviews in New London
  •  3 Sales in New London
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