19 Summer Street, New London, CT 06320 - Photo 1

1/1

$525,000

Sold
Closed
Multi-Family
6 Total Beds

1/1

Property Description

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!

Full Property Details

Full Property Details for 19 Summer St

General

Sold For: $525,000
Taxes: (July 2025-June 2026)
Status: Closed
Type: Multi-Family
Source: SMARTMLS
MLS ID: 24106926
Added to Site: 206 day(s) ago

Interior

Number of Rooms: 9

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 6

Other Rooms

Laundry: Basement Hook-Up(s)

Parking

Total Spaces: 7
Parking: None, Paved, Off Street Parking, Driveway

Location

County: New London
Driving Directions: Turn onto Summer Street. House will be on the left.

School Information

Elementary School: Per Board of Ed
High School: Per Board of Ed

Heating & Cooling

Cooling Type: Wall Unit
Heating Type: Hot Water, Oil
Heating Fuel: Oil
Water Heater: 50 Gallon Tank

Utilities

Sewer: Public Sewer Connected
Water: Public Water Connected

Structural Information

Architectural Style: Units on different Floors
Construction Status: No/Resale
Exterior Const.: Vinyl Siding
Basement Desc.: Partial
Roof: Asphalt Shingle
Square Feet: 2,738
Above Ground: 2,738 Sq. Ft.
Year Built: 1900

Unit Information

Unit 1

Total Bathrooms: 1
Bedrooms: 2

Unit 2

Total Bathrooms: 1
Bedrooms: 2

Unit 3

Total Bathrooms: 1
Bedrooms: 2

Lot Features

Lot Size (Acres): 0.11
Driveway/Sidewalk: Private, Paved
Zoning: Multi
Lot Description: N/A

Financial Considerations

Assessment Amount: $197,400
Tax Year: July 2025-June 2026

Disclosures and Reports

Property ID: 1999480

Listed and Sold by Real Broker CT, LLC, X Team At Real Broker CT, Stephano Stravoravdis

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Listing agent

— 19 Summer St —

Stephano Stravoravdis

Real Broker CT, LLC

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Schools

Schools serving 19 Summer St

School District:New London School District

Name	Grades	Distance
Harbor School 432 Montauk Avenue, New London, CT 06320	PK-5	1 mi
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320	6-8	0.6 mi
New London High School 20 Chester Street, New London, CT 06320	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 19 Summer St

Date

Details

Price

Change

Source

9/22/2025

Sold

$525,000

—

MLS

6/25/2025

Listed

$525,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Apartment
Active
Updated 4 days ago

2
Beds
2
Total Baths
1,009
Sq. Ft.

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Active
Updated 1 day ago

4
Beds
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Total Baths
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Sq. Ft.

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Just Listed

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Updated 1 day ago

2
Beds
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Total Bath
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Just Listed

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Land Residential
Active
Updated 5 days ago

15.98
Acres

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Price Reduced

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Active
Updated 3 days ago

6
Beds
5
Total Baths
3,687
Sq. Ft.

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Price Reduced

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$620,000

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Active
Updated 2 days ago

2
Beds
1
Total Bath
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Price Reduced

-$2,000 (-1.05%)

$188,999

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Land Residential
Active
Updated 3 days ago

0.33
Acres

Listed by Pltc, Llc

Price Reduced

-$30,000 (-4.62%)

$620,000

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Commercial
Active

Listed by U.S. Properties Real Estate Services, LLC

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Sold

$480,000

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Multi-Family
Closed

6
Total Beds

Listed by RE/MAX One
Sold by Real Broker CT, LLC

23 Moore Ave, New London, CT 06320 - Photo 1

Sold

$460,000

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Multi-Family
Closed

4
Total Beds

Listed by RE/MAX on the Bay
Sold by RE/MAX One

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Sold

$479,000

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Multi-Family
Closed

5
Total Beds

Listed and Sold by RE/MAX Legends

114 Hempstead St, New London, CT 06320 - Photo 1

Sold

$489,900

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Multi-Family
Closed

8
Total Beds

Listed by Robert Demarinis
Sold by Redfin Corporation

19 Summer Street, New London, CT 06320 (MLS# 24106926) is a Multi-Family property that was sold at $525,000 on September 22, 2025. Want to learn more about 19 Summer Street? Do you have questions about finding other Multi-Family real estate for sale in New London? You can browse all New London real estate or contact a Coldwell Banker agent to request more information.

19 Summer St New London, CT 06320

Full Property Details for 19 Summer St

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Lot Features

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 19 Summer St

Price & Sales History for 19 Summer St

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