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 14 West Pleasant Street, New London, CT
Listed for sale 3 days ago
$ 449,900
ROI
30.3ROI percentage
Cash Flow/m
Dollar sign1323
  • 6 Bed
  • 2 Bath
  • 2132 sft
14 West Pleasant Street, New London, CT, 06320
Property at 13 Alger Street, New London, CT
Currently Rented
$ 455,000
ROI
29.9ROI percentage
Cash Flow/m
Dollar sign1289
  • 4 Bed
  • 2 Bath
  • 2585 sft
13 Alger Street, New London, CT, 06320
Property at 30 Chappell Street, New London, CT
Fix & Flip
$ 298,000
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign306
  • 5 Bed
  • 3 Bath
  • 2000 sft
30 Chappell Street, New London, CT, 06320
Property at 90 Summer Street, New London, CT
$ 370,000
ROI
26.2ROI percentage
Cash Flow/m
Dollar sign659
  • 4 Bed
  • 4 Bath
  • 1536 sft
90 Summer 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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