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15-Room Apartment Building
For Sale
$675,000

35 Linden Street, New London, CT 06320

Commercial For Sale, New London, CT

Property Size4,220 SF
Lot Size0.11 Acres
Price / SF$159.95
Days on Market50

Property Features for 35 Linden Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-2
Lot features Level Lot
Directions Ocean Ave to Linden Ave, NL
Standard status Active
Size 4,220 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 6686

Utilities

Sewer type Public Sewer
Heating system Steam
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1910
Floors in Building 3
Listing Agency: RE/MAX on the Bay · RE/MAX International
Listed By: Geoff Hausmann · License #RES.0753715
Added: Jul 27 Changed: Sep 13 Last Checked: Sep 14 at 12:06AM
MLS# 24194807

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 4,220-square-foot apartment building was constructed in 1910 and contains 15 rental rooms arranged across three floors. Each level includes five rooms along with a full kitchen, full bathroom, separate heating system, and dedicated electrical panel. The floor-by-floor configuration provides distinct utility and building-system separation within the property.

The site encompasses 0.11 acres and carries R-2 zoning. Steam heat and window-unit cooling serve the building, while public water and public sewer are available. The property is located in New London, Connecticut, with a residential layout suited to its existing room-rental configuration.

Key Highlights

  • 15‑room layout across 3 floors
  • Each floor has 5 rental rooms, a full kitchen, and a full bathroom
  • Separate heating system and electrical panel for each floor

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Daycare Center Locksmith (Bike/Boat/Book/etc) Store Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,369
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-level residential property with five rental rooms, a kitchen, bathroom, heating system, and electrical panel on each floor.
Where is this apartment building located?
The property is located at 35 Linden Street New London, CT.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 15‑room layout across 3 floors; Each floor has 5 rental rooms, a full kitchen, and a full bathroom; Separate heating system and electrical panel for each floor
More about this property
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