Multi-Family Residential Income
49 Chappell Street New London, CT 06320
49 Chappell Street, New London, CT, 06320
$550,000
For Sale
$550,000
MULTI_FAMILY - New London, CT
Property Size5,000 SF
Lot Size0.36 Acres
Price / SF$110
Days on Market21
Property Features for 49 Chappell Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Basement, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2
- Basement
- Full, Concrete
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6223
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1950
- Architectural style
- Other
Listing Agency
CENTURY 21 Shutters & Sails
(860) 331-1510
41 E Main Street, Mystic, CT
Listed by
Richard Bates · License #RES.0824572
(860) 917-9111
Added: Jun 29 Checked: Jul 19 at 11:06 pm
MLS# 24187758
Listing URL
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 four-unit residential income property at 49 Chappell Street in New London offers a combination of a single-family home and three townhouse-like rentals. The single-family home is described as having two bedrooms with a heating and plumbing system in “state of the art” condition. The three rental units are described as turn-key and in exceptional condition: Unit 1 is a one-bedroom unit on the upper left level, Unit 2 is a one-bedroom unit on the lower level, and Unit 3 is a two-bedroom unit on the right side with two levels.
The property is listed under R-2 zoning. With a reported lot size of 0.36 acres and a property size of approximately 5,000 square feet, this setup is designed to provide multiple independent residential spaces within one ownership.
As presented, the unit mix is straightforward, with 2-bedroom and 1-bedroom configurations across the single-family portion and the three townhouse-style rentals.
The property is listed under R-2 zoning. With a reported lot size of 0.36 acres and a property size of approximately 5,000 square feet, this setup is designed to provide multiple independent residential spaces within one ownership.
As presented, the unit mix is straightforward, with 2-bedroom and 1-bedroom configurations across the single-family portion and the three townhouse-style rentals.
Key Highlights
- Single‑family home plus an additional home with three townhouse‑like rentals
- Three rental units: 1‑bedroom, 1‑bedroom (lower level), and a 2‑bedroom unit on two levels
- Year built: 1950
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit income property with one 2-bedroom home and three townhouse-style rentals, all described as turn-key.
Where is this quadplex located?
The property is located at 49 Chappell Street New London, CT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Single‑family home plus an additional home with three townhouse‑like rentals; Three rental units: 1‑bedroom, 1‑bedroom (lower level), and a 2‑bedroom unit on two levels; Year built: 1950
