30 Chappell Street
New London, Connecticut 06320
- Beds
- 5
- Baths
- 3
- SqFt
- 2,000
- Acres
- 0.06
- Year Built
- 1890
- Property Type
- 3 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
INVESTORS TAKE NOTE! Prime 3-Family Property Opportunity. Offers excellent potential for investors or owner-occupants looking to build equity. Featuring separate utilities, the property includes two new natural gas heating systems, updated electrical with three new circuit breaker panels, new PEX plumbing, and new windows. Renovations are already underway with additional materials on-site, including two new shower enclosures, toilets, and more, providing a great head start for the next owner. 1st & 2nd Floors: Each unit features 2 bedrooms, a living room, eat-in kitchen, laundry area, and porch. Basement Unit: 1-bedroom efficiency apartment. Ideally situated near major employers and attractions, including the U.S. Coast Guard Academy, Naval Submarine Base New London, Electric Boat, as well as downtown New London with its shops, restaurants, train station, Ocean Beach Park, and the Cross Sound Ferry. Sold AS-IS. A fantastic opportunity for contractors and seasoned investors to complete the renovation and maximize returns.
Key Facts
- City/Town
- New London
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1890
- Days on Market
- 26 days
- Beds
- 5
- Baths
- 3 full
- Living Area
- 2,000 sq ft
- Lot Size
- 0.06 acres
- Garage / Parking
- 2 total
- Property Taxes
- $3,887 / Annually
Market Snapshot
The New London Market
Multi-Family · trailing 12 months
Active Listings
8
10 under contract
Median List Price
$972,500
8 active listings
Median Closed Price
$382,500
52 sales
Median Days on Market
100
8 active listings
Median $ / Sq Ft
$193
8 active listings
Sale-to-List Ratio
100.0%
52 sales
How this home compares
List Price
$260,000
vs $972,500 median
73.3% below median
Price / Sq Ft
$130
vs $193 median
32.6% below median
Days on Market
26 days
vs 100 days median
74 days fresher than median
Based on 8 active and 52 closed sales (trailing 12 mo) of multi-family in New London. Source: SmartMLS · As of July 28, 2026.
Location
30 Chappell Street, New London, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,326
- Property Taxes$324
- Insurance$87
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- New London
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- 3 Family
- Style
- Units on different Floors
- Year Built
- 1890
- New Construction
- No/Resale
- Living Area
- 2,000 sq ft
- Below Grade
- 400 sq ft
Schools
- Elementary
- Per Board of Ed
- Middle
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- BaseboardGas on GasHot Air
- Heat Fuel
- Natural Gas
- Cooling
- None
- Laundry
- Basement Hook-Up(s)Hook-Up In Unit 1Hook-Up In Unit 2
- Basement
- FullHeatedApartmentPartially FinishedLiveable SpaceConcrete FloorFull With Walk-Out
Exterior & Lot
- Lot Size
- 0.06 acres
- Zoning
- R-2
- Garage / Parking
- 2 total parking spacesPavedOff Street ParkingUnpaved
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Aluminum
- Color
- Red
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Exterior Features
- PorchGutters
- Lot Description
- Corner LotCity Views
Listing & Financials
- Property Taxes
- $3,887 / Annually
- Days on Market
- 26
- MLS #
- 24187282
- MLS Status
- Under Contract
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 5:20 AM UTC.