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Back 19 Summer Street
Off Market

19 Summer Street

New London CT 06320

6
3
7
2738 sq. ft.
0.11 ac.
Duplex
Last sold for $525,000
Stephano StravoravdisStephano Stravoravdis, last sold this property on 22 September 2025 after 88 days on market.

Overview

This fully occupied, cash-flowing three-family property in the heart of New London generates over $60,000 in gross annual income, with an approximate net income of $55,000 per year-making it a strong turnkey investment with room to grow. Each of the three spacious units features 2 bedrooms and 1 full bath, offering generous layouts that appeal to a wide range of tenants. Two units have been updated within the past year, and the building boasts a brand-new Gambrel-style roof with 30-year shingles for long-term durability. Located in a convenient and desirable area of New London, the property offers easy access to major highways, public transportation, downtown shops and restaurants, local colleges, and the waterfront-enhancing its rental appeal. Additional highlights include on-site laundry in the basement and plentiful private off-street parking. With the potential to increase income by updating the remaining unit, this property combines immediate cash flow with long-term upside in a growing coastal city known for strong rental demand and vibrant community life. Please come and take a look!

Features

6 bedrooms
3 bathrooms
7 carspaces
2738 sq. ft. floor area
0.11 ac. lot size
Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in New London over the last 12 months, the estimated median property value of 19 Summer Street is $411k.

Median value
$411k
Estimated value range
$225k - $525k
Median days on market
12
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New London. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 19 Summer Street

2025
Sold
$525,000
22 Sep 2025 by Stephano Stravoravdis, of Real Broker CT, LLC
2023
Sold
$325,000
18 May 2023 by Shannon Muscara, of REMAX One | Uncasville

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 6 bedroom duplexes in New London

In the last 12 months, 14 six-bedroom duplexes similar to 19 Summer Street, have been sold.

This represents a 150% decrease in six-bedroom duplexes sales when compared to the previous 12 months.

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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