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Updated Quadplex with Three-Car Garage
New
For Sale
$825,000

78 West Street, New London, CT 06320

Multi-Family For Sale, Units on different Floors, New London, CT

Property Size2,568 SF
Lot Size0.11 Acres
Price / SF$321.26
Days on Market3

Property Features for 78 West Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-2
Bedrooms 10
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 8, Bedroom 10, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 4, Bedroom 7, Bathroom 6, Bedroom 1, Bedroom 6, Bathroom 3, Bathroom 5, Bedroom 2, Bedroom 9, Bedroom 3
Lot features Level Lot, Sloping Lot
Elementary school Per Board of Ed
High school New London
Directions Broad to Center to West. GPS friendly.
Standard status Active
Size 2,568 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 4827

Utilities

Sewer type Public Sewer
Heating system Baseboard
Water source Public

Amenities

coin-operated laundry

Building Details

Year built 1890
Architectural style Other
Listing Agency: RE/MAX on the Bay · RE/MAX International
Listed By: Ferdinand Giacinto · License #RES.0257400
Added: Sep 22 Last Checked: Sep 24 at 10:06AM
MLS# 24202699

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 2,568-square-foot quadplex on 0.11 acres contains two multi-level four-bedroom, two-bath residences and two one-bedroom, one-bath residences. All four units have updated flooring, paint, lighting, bathrooms, and stainless steel appliances that are less than five years old. The property was built in 1890 and uses baseboard heating, with tenants responsible for their own utilities.

A detached three-car garage is currently unused and provides storage space or a separate use option. Coin-operated laundry is also located on the property. Public water and public sewer serve the building, which is zoned R-2. The property is fully occupied and located in New London, approximately 10 minutes from Niantic and Groton, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border.

Key Highlights

  • Four‑unit layout with two 4‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
  • 2,568 square feet on a 0.11‑acre lot
  • All units updated with new flooring, paint, lighting, bathrooms, and stainless steel appliances

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Computer & Electronic Repair Catering Service Veterinary Clinic Florist Carpet & Flooring Store

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

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,230
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with refreshed interiors, varied floor plans, public utilities, electric heat, and coin-operated laundry.
Where is this quadplex located?
The property is located at 78 West Street New London, CT.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four‑unit layout with two 4‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; 2,568 square feet on a 0.11‑acre lot; All units updated with new flooring, paint, lighting, bathrooms, and stainless steel appliances
More about this property
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