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    77 Truman St New London, CT 06320

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    For Sale
    $468,000

    Mixed-use building with commercial spaces and apartment in New London.

    Lot size:
    0.10 Acres

    Property Features for 77 Truman St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1900

    Source: Lakeshore Realty Agent Ilir Dedvukaj

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Mixed-Use Building, New London

    This is a fully renovated 3,410 sq. ft. mixed-use building located in New London. The property features three units, including two commercial spaces and one two-bedroom apartment. The building has all-new systems, including a new roof, HVAC, plumbing, and electrical. The interiors are bright and modern, with excellent visibility and foot traffic. The property is zoned for various commercial uses and is located near thriving businesses. It is suitable for investors or owner-users seeking a turnkey property with multiple income streams.
    Insight Report Location Intelligence

    Current Use by Public Records

    BOTANICA METREZA EZILI ... Botanica

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    State
    Connecticut
    Longitude
    -72.10249
    Latitude
    41.351467

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with commercial spaces and apartment in New London.
    Where is this mixed-use property located?
    The property is located at 77 Truman St New London, CT.
    What is the asking price?
    The asking price for this property is $468,000.
    What are key features of this property?
    This property features: - Fully renovated 3,410 sq. ft. mixed-use building; - Generates income from 2 commercial spaces and 1 2BD apartment; - All-new systems including roof, HVAC, plumbing, and electrical
    (203) 914-5895
    Request Owner's contact information
    77 Truman St New London, CT 06320
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    New London, CT 06320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    77 Truman St New London, CT 06320
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