249 Pequot Avenue

New London, CT 06320

$440,000
Last Sold Price
Beds
3
Baths
2,093 Sq. Ft.
$210 / Sq. Ft.
2,093
Sq. Ft.
$210
per Sq. Ft.

Description

Gorgeous water views from three, high-revenue-producing, high-in-demand apartments! Located in a priceless, walkable, urban marina neighborhood
near employers and the Sound! This property is a great investment, and one-of-a-kind. This cash cow's units are in excellent condition and occupied by professional tenants. Low expenses and maintenance costs with no flood insurance required, your options for use are awesome! Live-in one of the units and have your tenants pay your mortgage and taxes! Features
...Gorgeous water views from three, high-revenue-producing, high-in-demand apartments! Located in a priceless, walkable, urban marina neighborhood
near employers and the Sound! This property is a great investment, and one-of-a-kind. This cash cow's units are in excellent condition and occupied by professional tenants. Low expenses and maintenance costs with no flood insurance required, your options for use are awesome! Live-in one of the units and have your tenants pay your mortgage and taxes! Features a spacious maintenance free deck, Private entrances, off street parking, new appliances and mechanical features like on-demand hot water and a blue tooth overhead speaker light and fan in unit 201! Washer/dryer in each unit. Building is a mixed use in a 1A zone and only a commercial loan, hard money or cash will be considered. A pleasure to show. New London's finest waterfront restaurant is across the street and Electric Boat, Mitchell College, L+M Hospital, beaches and marinas are within walking distance. Located a hop, skip, and jump from downtown, ferries and train service. Located a hop, skip, and jump from downtown, ferries and train service :45 from Providence, Hartford, New Haven. Dock your boat across the street! Approx 2 hours drive to NY and Boston! Get out of the city and make this your home away and let your tenants pay for your 2nd home. Great for downsizing and can be expanded with parking and possibly another story!
  1. Listed by Lori Hopkins-Cavanagh • Shore Views Real Estate

Property Details for 249 Pequot Avenue

Neighborhood
Green's Harbor Beach
Style
Units on different Floors
Direct Waterfront
No
Swimming Pool
No
Basement Description
Fully Finished
Garage Parking Info
Assigned Parking, Off Street Parking, Parking Lot
Garages Number
0

Location

Listing Courtesy of Shore Views Real Estate, Lori Hopkins-Cavanagh

Sold By William Raveis Real Estate, Robin L Nelson

Add your commute
LISTING UPDATED: 07/19/2021 07:37 PM

Property Details for 249 Pequot Avenue

StatusClosed
MLS #170380833
Days on Market137
Taxes$8,902 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1920
Lot Size0.17 AC / 7,405 SF
CountyNew London County

Location

Listing Courtesy of Shore Views Real Estate, Lori Hopkins-Cavanagh

Sold By William Raveis Real Estate, Robin L Nelson

Add your commute

Building Information for 249 Pequot Avenue

Stories-Residences3Year Built1920Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$3,143 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,401

Property Taxes

$742

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 249 Pequot Avenue

Summary
Property and Location
  • Directions: Pequot Avenue, across from On The Waterfront Restaurant and marinas
  • Walk Score: 54
  • Flood Zone: No
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Acres Source: Public Records
HOA and Fees
  • Tax Year: July 2020-June 2021
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, French Doors, Patio, Sidewalk, Stone Wall
  • Waterfront Description: Access, River, View, Walk to Water
Interior Features
  • Attic: Yes
  • Attic Description: Pull-Down Stairs
  • Street View Param: 1$41.334378$-72.098079$127.87$13.33$1.00$5IUAn1hxIgO_LLjEDvY4IQ
  • Primary on Main: No
  • Bedroom on Main: No
  • Full Bath on Main: No
  • Primary Bath YN: No
Property
Property and Assessments
  • Bank Owned Property: No
  • Elevation Certificate: No
  • Exterior Siding: Brick
  • Driveway Type: Shared, Asphalt, Heated
  • Fuel Tank Location: Non Applicable
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Gross SQFT Per Public Records: 2907
  • New Construction Type: No/Resale
  • Construction Description: Frame, Brick, Block
  • Year Built Source: Owner
  • Living Area SQFT Per Public Records: 2093
  • Handicap Features: Hard/Low Nap Floors
Lot Information
  • Lot Description: Water View, Level Lot
  • Parcel Number: 1997761
  • Zoning: Mixed
  • Sq Ft Est Heated Above Grade: 2093.0
Utilities
  • Cooling System: Ceiling Fans, Window Unit
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Hot Water Description: 50 Gallon Tank, Electric, Tankless Hotwater
  • Sewage System: Public Sewer Connected
Multi Family
Income and Expenses
  • Total Numof Units: 3
  • Occupied By: Tenant
Building Details
  • Unit Count: 3
  • Rooms Total Multi Family: 3
Unit 1
  • Unit Type: 1 Bedroom
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Num Rooms: 1
  • Unit Monthly Rent: $1,425
  • Unit Appliances: Oven/Range,Refrigerator,Washer,Electric Dryer
Unit 2
  • Unit Type: 2 Bedrooms
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Num Rooms: 1
  • Unit Monthly Rent: $2,450
  • Unit Appliances: Oven/Range,Refrigerator,Dishwasher,Washer,Electric Dryer
Unit 3
  • Unit Type: 2 Bedrooms
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Num Rooms: 1
  • Unit Monthly Rent: $1,725
  • Unit Appliances: Oven/Range,Refrigerator,Washer,Electric Dryer

Property History for 249 Pequot Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 249 Pequot Avenue

Taxable ValueLand$156,240Additions$76,860Total$233,100
Tax Record2023$8,681 ($723 / month)
Home Facts
Total Finished SqFt2,093 SqFtAbove Grade Finished SqFt2,093 SqFtStories2Lot Size7,424 SqFtStyleMiscellaneous CommercialYear Built1920CountyNEW LONDONAPNNLON M:F19 B:0063 L:0012

Schools near 249 Pequot Avenue

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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 Shore Views Real Estate, Lori Hopkins-Cavanagh

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.