14 Park Street

New London, CT 06320

$345,000
Last Sold Price
Beds
6,584 Sq. Ft.
$52 / Sq. Ft.
6,584
Sq. Ft.
$52
per Sq. Ft.

Description

Great cash flow property when fully rented. The property is a boarding house just a quick walk to Ocean Beach Park. Turn this little gem into an air B&B. Run it as a hotel or keep it a boarding house. The are many possibilities and ways to maximize your profits. Don't miss this fabulous opportunity with a fabulous location.Great cash flow property when fully rented. The property is a boarding house just a quick walk to Ocean Beach Park. Turn this little gem into an air B&B. Run it as a hotel or keep it a boarding house. The are many possibilities and ways to maximize your profits. Don't miss this fabulous opportunity with a fabulous location.
  1. Listed by Cynthia M Bahl • Anchor Real Estate LLC
    P: (860) 581-0597 C: (860) 5810597 cynthia@ctcsloans.com;anchor5198@gmail.com

Property Details for 14 Park Street

Location
Other
Neighborhood
Ocean Beach
Garage Parking Info
On Street Parking, Off Street Parking

Location

Listing Courtesy of Anchor Real Estate LLC, Cynthia M Bahl

Sold By Anchor Real Estate LLC, Cynthia M Bahl

Add your commute
LISTING UPDATED: 10/21/2021 07:10 PM

Property Details for 14 Park Street

StatusClosed
MLS #170437255
Days on Market17
Taxes$17,299 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeNon-Residential
MLS Type-
Year Built1920
Lot Size0.13 AC / 5,662 SF
CountyNew London County

Location

Listing Courtesy of Anchor Real Estate LLC, Cynthia M Bahl

Sold By Anchor Real Estate LLC, Cynthia M Bahl

Add your commute

Building Information for 14 Park Street

Stories-Residences16Year Built1920Lot Size0.13 AC / 5,662 SF

Payment Calculator

$3,324 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,883

Property Taxes

$1,442

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14 Park Street

Summary
Property and Location
  • Directions: Ocean Ave to Neptune to Park.
  • Flood Zone: Yes
  • Latitude: 41.310627
  • Longitude: -72.09817
  • State: Connecticut
Parking
  • Parking Total Spaces: 0
HOA and Fees
  • Tax Year: July 2021-June 2022
  • Property Tax: $17,299
Interior and Exterior Features
Interior Features
  • Cooling System: None
  • Heat Type: Baseboard
Property
Property and Assessments
  • Construction Description: Frame
  • Elevation Certificate: No
  • Foundation Type: Concrete
  • Present Use: Boarding House
  • Road Frontage Description: Municipal Street, Paved Road
  • Roof: Asphalt Shingle
  • Sq Ft Source: Owner
  • Year Built: 1920
  • Bank Owned Property: No
Lot Information
  • Documents Available: None
  • Lot Description: Level Lot
  • Parcel Number: 1995628
  • Sq Ft Total: 6584.0
  • Zoning: AE
Utilities
  • Heat Fuel Type: Natural Gas
  • Sewage System: Public Sewer Connected
  • Utilities Available: Electric, Gas
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 16
Building Details
  • Unit Count: 0

Property History for 14 Park Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14 Park Street

Taxable ValueLand$112,000Additions$343,840Total$455,840
Tax Record2022$17,007 ($1,417 / month)
Home Facts
Total Finished SqFt5,131 SqFtAbove Grade Finished SqFt5,131 SqFtStories3Lot Size5,816 SqFtStyleMiscellaneous CommercialYear Built1920CountyNEW LONDONAPNNLON M:F28 B:0006 L:0004

Schools near 14 Park Street

This home is within New London School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Harbor School
PublicPK to 5

Bennie Dover Jackson Middle School
Public6 to 8

New London High School
Public9 to 12

Nathan Hale Arts Magnet School
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.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Anchor Real Estate LLC, Cynthia M Bahl

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.