Beach Homes Realty

40 pearl street

New London, CT 06320

$1,500,000

1 BATH

9,366 SQFT0.09 AC LOT

Commercial

Total Baths 1

Full Baths 1

Square Feet 9366

Acreage 0.09

Status Under Contract

MLS # 24131150

County New London

More Info

Category Commercial

Status Under Contract

Square Feet 9366

Acreage 0.09

MLS # 24131150

County New London

Very well maintained 12 Unit multi-family property in the heart of downtown New London. All units are 1 bedroom with 1 bathroom. Total square footage is 9,366. Three stories with basement. Heat and hot water included in the rent. Laundry room on site. Water views from some units. NOI approximately $107,720. CAP rate: 7. Close proximity to restaurants, bars and shops. Room to increase NOI.

Location not available

Exterior Features

Roof Tar/Gravel
Garage No
Water Public Water Connected
Sewer Public Sewer Connected
Lot Description Dry

Interior Features

Heating Hot Air, Hot Water
Cooling None
Living Area 9,366 SQFT
Year Built 1895

Financial Information

Parcel ID 1999863
Zoning CBD-2

Additional Services

Internet Service Providers

Listing Information

Listing Provided Courtesy of U.S. Properties Real Estate Services, LLC - (860) 691-2011

Listing Agent Constance Howard - (615) 293-3878

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Listing data is current as of 12/15/2025.

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