Multi-Family Investment Properties in New London, CT | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in New London, CT

Property at 71 Blackhall Street, New London, CT
Rental Income
Listed for sale 2 days ago
$ 369,900
ROI
26.3ROI percentage
Cash Flow/m
Dollar sign671
  • 4 Bed
  • 3 Bath
  • 1564 sft
71 Blackhall Street, New London, CT, 06320
Property at 93 Squire & 0 Moran Street, New London, CT
Listed for sale 7 days ago
$ 550,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign643
  • 6 Bed
  • 2 Bath
  • 2516 sft
93 Squire & 0 Moran Street, New London, CT, 06320
Property at 53 Montauk Avenue, New London, CT
Listed for sale 7 days ago
$ 400,000
ROI
34.7ROI percentage
Cash Flow/m
Dollar sign1662
  • 6 Bed
  • 6 Bath
  • 2260 sft
53 Montauk Avenue, New London, CT, 06320
Property at 20 Reed Street, New London, CT
$ 325,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign647
  • 5 Bed
  • 3 Bath
  • 3134 sft
20 Reed Street, New London, CT, 06320

Why Invest in New London, Connecticut?

Investing in multifamily properties in Connecticut can be a lucrative opportunity. The state has shown stable rental demand and a robust job market, with many renters seeking affordable housing options. With a rental yield of approximately 7% and a competitive cap rate of 6.5%, now is a great time to consider multifamily investments in this area.

10%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$1500/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rent for multifamily units in Connecticut is approximately $2,000, depending on location and amenities.

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