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Three-Property Multifamily Portfolio
New
For Sale
$730,000

373-387 Jefferson Ave, New London, CT 06320

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

Property Size3,482 SF
Price / SF$209.65
Days on Market3

Property Features for 373-387 Jefferson Ave

General Information

Standard status Active
Size 3,482 SF
Property subtype Commercial

Building Details

Year Built 1950
Listing Agency: Berkshire Hathaway Ne Prop.
Listed By: Linda Edelwich Team
Source: Agentsonmain
Added: Sep 5 Changed: Sep 6 Last Checked: Sep 6 at 7:10AM

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 Berkshire Hathaway Ne Prop.

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

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

413
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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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
More about this property
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