Building Details

Year Built 1950

Listing Agency: RE/MAX Legends

Listed By: Cathy Gonyo (860) 625-5999 (860) 451-8000 · License #766468 Show Phone

Source: Fairfieldcounty-properties

Added: Sep 3 Changed: Oct 16 Last Checked: Oct 23 at 7:37AM

Report an Issue

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 RE/MAX Legends

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This multifamily offering comprises three residential properties at 373-387 Jefferson Ave in New London, Connecticut. Two of the properties are tenant occupied, providing an existing rental component for a buyer evaluating the portfolio.

The properties date to 1950 and carry a combined reported property size of 3,482. The offering is structured as a sale of the full three-property residential portfolio.

Key Highlights

• Three residential properties included in the offering
• Two properties are tenant occupied
• Reported property size of 3,482

Location Intelligence

Trade Area within ½ mile

413

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

Occupied 4-Unit Quadplex

88 Riverview Avenue, New London, CT 06320

$725,000

3,168 SF

View details

15-Room Apartment Building

35 Linden St, New London, CT 06320

$675,000

4,220 SF

View details

Two-Unit Duplex with Garage

36 Cleveland Street, New London, CT 06320

$389,900

3,533 SF

View details

Renovated Six-Unit Apartment Building

119 Lincoln Avenue, New London, CT 06320

$899,900

4,134 SF

View details

Quadplex with Three-Car Garage

New London, CT 06320

$825,000

2,568 SF

View details

Renovated Three-Family Triplex

198 Montauk Avenue, New London, CT 06320

$715,000

2,369 SF

View details

Three-Unit Townhouse-Style Property

49 Chappell St, New London, CT 06320

$595,000

5,000 SF

View details

Dental-Anchored Mixed-Use Property

27 Broad Street, New London, CT 06320

$849,000

5,510 SF

View details

Tenant-Occupied Duplex with Deck

28 Ocean Ave, New London, CT 06320

$499,000

View details

Fully Leased Mixed-Use Building

147 Bank St, New London, CT 06320

$1,350,000

8,701 SF

View details

Duplex with Nearly Finished Basement

89 Hempstead Street, New London, CT 06320

$339,900

1,330 SF

View details

Renovated 12-Unit Apartment Building

82 Maple Avenue, New London, CT 06320

$1,700,000

8,732 SF

View details

Frequently Asked Questions

What type of property is this?

Multifamily property - Portfolio includes three residential properties, with two currently tenant occupied.

Where is this multifamily property located?

The property is located at 373-387 Jefferson Ave New London, CT.

What is the asking price?

The asking price for this property is $730,000.

What are key features of this property?

This property features: Three residential properties included in the offering; Two properties are tenant occupied; Reported property size of 3,482