22 Chappell St

New London, CT 06320

$350,000
Price
7
Beds
2,040 Sq. Ft.
$172 / Sq. Ft.
2,040
Sq. Ft.
$172
per Sq. Ft.

Description

This three-family property in New London offers a strong investment opportunity with versatile unit layouts. Unit 1 features 1 bedroom and a full bath, Unit 2 offers 2 bedrooms and a full bath, and Unit 3 includes 4 bedrooms and 2 full baths-ideal for maximizing rental income. The property boasts a very large backyard with potential for off-street parking or additional outdoor use. Conveniently located close to major employers including Electric Boat, the Submarine Base, and Pfizer, as well as public...This three-family property in New London offers a strong investment opportunity with versatile unit layouts. Unit 1 features 1 bedroom and a full bath, Unit 2 offers 2 bedrooms and a full bath, and Unit 3 includes 4 bedrooms and 2 full baths-ideal for maximizing rental income. The property boasts a very large backyard with potential for off-street parking or additional outdoor use. Conveniently located close to major employers including Electric Boat, the Submarine Base, and Pfizer, as well as public transportation, shopping, dining, and more. A convenient location with excellent rental demand and long-term potential.
  1. Listed by Marilyn Lusher • RE/MAX Legends
    P: (860)-460-9559 C: (860)-460-9559 marilyn@marilynlusher.com

Property Details for 22 Chappell Street

Basement Description
Full, Fully Finished, Apartment, Walk-out, Liveable Space
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Units on different Floors, 3updown - Unit(s) per Floor
Swimming Pool
No
LISTING UPDATED: 01/31/2026 05:57 PM

Property Details for 22 Chappell Street

StatusActive
MLS #24150552
Days on Market2
Taxes$4,722 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1900
Lot Size0.19 AC / 8,276 SF
CountyNew London County

Location

Listing Courtesy of RE/MAX Legends, Marilyn Lusher
Add your commute

Building Information for 22 Chappell Street

Stories-Residences3Year Built1900Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$2,099 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,706

Property Taxes

$394

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 22 Chappell Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Wiliams Street to Chappell (behind Jennings School) One way street.
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed
  • Latitude: 41.355664
  • Longitude: -72.106831
  • Neighborhood Amenities: Basketball Court, Library, Medical Facilities, Park, Walk to Bus Lines
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $4,722
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Finished, Walk-up
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: None
  • Rooms Total: 13
Property
Property and Assessments
  • Color: Blue
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2040
Lot Information
  • Lot Description: City Views, Sloping Lot
  • Parcel Number: 2772781
  • Sq Ft Est Heated Above Grade: 2040.0
  • Sq Ft Total: 2040.0
  • Zoning: R-2
Utilities
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 13644
  • Gross Annual Income: 39576
  • Net Operating Income: $25,932
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 13
Unit 1
  • Lease: Monthly
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 816
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 01-29-2026
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Unit Appliances: Electric Range,Refrigerator
  • Unit Average Sq Ft: 1020
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 01-29-2026
  • Unit Monthly Rent: $1,200
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 3
  • Lease: Monthly
  • Unit Appliances: Electric Range,Refrigerator
  • Unit Average Sq Ft: 1700
  • Unit Entry Order: 3
  • Unit Full Baths: 2
  • Unit Modified Date: 01-29-2026
  • Unit Monthly Rent: $1,400
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 6
  • Unit Occupied By: Tenant

Public Records for 22 Chappell Street

Taxable ValueLand$33,700Additions$139,900Total$173,600
Tax Record2024$4,722 ($394 / month)
Home Facts
Total Finished SqFt2,040 SqFtAbove Grade Finished SqFt2,040 SqFtStories2Lot Size8,276 SqFtStyleTriplexYear Built1900ZoningR-2CountyNEW LONDONAPNNLON M:E12 B:0163 L:0011 U:1

Schools near 22 Chappell Street

This home is within New London School District.
Rating
School
Type
Grades
Distance
Harbor School
Public - K to 5
Bennie Dover Jackson Middle School
Public - 6 to 8
New London High School
Public - 9 to 12
C.B. Jennings International Elementary Magnet
Public - K to 5
Rating
School
Distance
Harbor School
PublicK to 5

Bennie Dover Jackson Middle School
Public6 to 8

New London High School
Public9 to 12

C.B. Jennings International Elementary Magnet
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 22 Chappell Street, New London, CT 06320

22 Chappell Street is a multi-family home for sale in New London, CT 06320. This property was listed for sale on January 29, 2026 by RE/MAX Legends, it's currently listed at $350,000. This listing's school district is New London School District. Nearby schools include Harbor School, Bennie Dover Jackson Middle School and New London High School. 22 Chappell Street is a 7-bed, 4-bath, 2,040 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Legends, Marilyn Lusher

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.