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Tenant-Occupied Duplex with Deck

28 Ocean Ave, New London, CT 06320

For Sale
$499,000

Two-unit residential property with updated kitchens, off-street parking, and a fenced backyard near downtown New London.

Property Size2,170 SF
Days on Market61

Property Features for 28 Ocean Ave

General Information

Standard status Active
Size 2,170 SF
Property subtype Multi Family

Building Details

Building Size 2,170 SF
Year Built 1883
Listing Agency: William Raveis Real Estate
Listed By: Chaz Koch · License CT RES.0812689
Source: Elliman
Added: Sep 15 Changed: Nov 1 Last Checked: Nov 12 at 9:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Real Estate

Rey
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Investment Insights

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Built in 1883, this two-unit residential property contains 2,170 square feet with a combined four bedrooms and three full bathrooms. Both units are tenant-occupied and feature updated kitchens with stainless steel appliances, while separate layouts support distinct household configurations. Natural gas forced hot water provides the heating system, and off-street parking serves the property. Outdoor improvements include a fenced, tree-shaded backyard and deck.

The property is located at 28 Ocean Ave in New London, near the waterfront, marinas, downtown shops and restaurants, Amtrak and Shore Line East rail service, the Naval Submarine Base, and the U.S. Coast Guard Academy. Walk Score is 70, Bike Score is 45, and Transit Score is 26.

Key Highlights

  • Two‑unit property with 2,170 square feet
  • Four bedrooms and three full bathrooms combined
  • Updated kitchens with stainless steel appliances

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,313
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with updated kitchens, off-street parking, and a fenced backyard near downtown New London.
Where is this duplex located?
The property is located at 28 Ocean Ave New London, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑unit property with 2,170 square feet; Four bedrooms and three full bathrooms combined; Updated kitchens with stainless steel appliances
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