Three-Unit Townhouse-Style
For Sale
$595,000
49 Chappell St, New London, CT 06320
Residential income property features three townhouse-like rentals plus a separate single-family home.
Property Size5,000 SF
Price / SF$119
Days on Market52
Property Features for 49 Chappell St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Multi-Family
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1950
Listing Agency:
CENTURY 21 Shutters & Sails
Listed By:
Richard Bates · License #RES.0824572
(860) 917-9111
Source:
Livianhomesct
Added: Jul 20
Changed: Sep 8
Last Checked: Aug 25 at 5:03AM
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 CENTURY 21 Shutters & Sails
Investment Insights
Based on property information with market context.
This for-sale residential income property includes a single-family home and three additional townhouse-like rental units. The single-family home offers 2 bedrooms and has state of the art heating and plumbing systems. The three rental units are described as turn-key and in exceptional condition.
Unit configuration is provided as follows: one 1-bedroom unit on the upper left level; one 1-bedroom unit on a lower level; and a 2-bedroom unit on the right with two levels.
The property is offered as a multi-unit setup designed for straightforward occupancy based on the turnkey condition noted in the remarks.
Unit configuration is provided as follows: one 1-bedroom unit on the upper left level; one 1-bedroom unit on a lower level; and a 2-bedroom unit on the right with two levels.
The property is offered as a multi-unit setup designed for straightforward occupancy based on the turnkey condition noted in the remarks.
Key Highlights
- Residential income property with a separate single‑family home plus 3 townhouse‑like rental units on one parcel
- Built in 1950
- Single‑family home features 2 bedrooms and a layout with the heating and plumbing systems stated as in place
Property Analytics
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Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,459
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property features three townhouse-like rentals plus a separate single-family home.
Where is this quadplex located?
The property is located at 49 Chappell St New London, CT.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Residential income property with a separate single‑family home plus 3 townhouse‑like rental units on one parcel; Built in 1950; Single‑family home features 2 bedrooms and a layout with the heating and plumbing systems stated as in place
