Three-Unit Multifamily
For Sale
$325,000
Pending
20 Reed Street, New London, CT 06320
Multi-Family For Sale, 3updown - Unit(s) per Floor, New London, CT
Property Size3,134 SF
Lot Size0.14 Acres
Days on Market23
Property Features for 20 Reed Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C-1
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 4, Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 3
Basement
Unfinished, Sump Pump, Full
Lot features
City Views, Sloping Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
GPS Friendly
Standard status
Pending
Size
3,134 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
4927
Utilities
Sewer type
Public Sewer
Heating system
Steam
Water source
Public
Building Details
Year built
1870
Architectural style
Other
Listing Agency:
CENTURY 21 Shutters & Sails · Century 21 Real Estate
(860) 331-1510
Listed By:
Linda Labbe · License #RES.0782058
(860) 823-8771
Added: Aug 12
Changed: Sep 1
Last Checked: Sep 3 at 8:06PM
MLS# 24198604
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-unit multifamily property at 20 Reed Street includes 3,134 square feet of building area on a 0.14-acre lot. Constructed in 1870, the building has a basement, five bedrooms, and three bathrooms, with steam heating serving the property. The source information describes the building as requiring renovation, providing an opportunity to apply restoration and improvement plans.
The property is in downtown New London, with access to restaurants, shopping, medical facilities, transportation, and the waterfront. A detached two-car garage and off-street parking add to the site improvements. The property is zoned C-1 and served by public water and public sewer.
The property is in downtown New London, with access to restaurants, shopping, medical facilities, transportation, and the waterfront. A detached two-car garage and off-street parking add to the site improvements. The property is zoned C-1 and served by public water and public sewer.
Key Highlights
- Three‑unit multifamily property with 3,134 square feet of building area
- 0.14‑acre lot in downtown New London
- Detached two‑car garage and off‑street parking
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,747
Businesses Nearby
Explore this area
Business Placement
Demographics for 06320, CT
27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - C-1-zoned property with a detached two-car garage, off-street parking, and public utilities.
Where is this triplex located?
The property is located at 20 Reed Street New London, CT.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three‑unit multifamily property with 3,134 square feet of building area; 0.14‑acre lot in downtown New London; Detached two‑car garage and off‑street parking
