Three-Unit Multifamily
For Sale
$325,000
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
Price / SF$103.70
Days on Market17
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
Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Basement, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 1
Basement
Sump Pump, Unfinished, Full
Lot features
City Views, Sloping Lot
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
GPS Friendly
Standard status
Active
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: Aug 26
Last Checked: Aug 28 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-family property in New London contains 3,134 square feet on a 0.14-acre lot. The building dates to 1870 and includes five bedrooms, three bathrooms, and a basement. Steam heat serves the property, with public water and public sewer in place. C-1 zoning is identified for the site.
A detached two-car garage and off-street parking provide additional on-site features. The property is situated in downtown New London, near restaurants, shopping, medical facilities, transportation, and the waterfront. Its location and existing multifamily configuration support consideration for an investor or owner-occupant evaluating renovation plans.
A detached two-car garage and off-street parking provide additional on-site features. The property is situated in downtown New London, near restaurants, shopping, medical facilities, transportation, and the waterfront. Its location and existing multifamily configuration support consideration for an investor or owner-occupant evaluating renovation plans.
Key Highlights
- Three‑family property with 3,134 square feet
- 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
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Frequently Asked Questions
What type of property is this?
Triplex - Downtown New London setting with a detached two-car garage and off-street parking.
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‑family property with 3,134 square feet; 0.14‑acre lot in downtown New London; Detached two‑car garage and off‑street parking
