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55 Connecticut Avenue

New London, Connecticut 06320

ACTIVE - NEW$399,900
Beds
6
Baths
3
SqFt
3,271
Acres
0.10
Year Built
1910
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Great opportunity to own a spacious three-family property offering approximately 3,271 square feet of living space with a total of 6 bedrooms and 3 full bathrooms. With three separate units and practical layouts, this property offers excellent potential for investors looking to expand their rental portfolio or buyers interested in an owner-occupied multifamily home. Features include natural gas heat, vinyl siding, a full basement, and public water and sewer. Ideally situated with convenient access to downtown New London, shopping, restaurants, public transportation, major highways, the waterfront, and other local amenities. Don't miss the opportunity to explore the possibilities this multifamily property has to offer. Sale is subject to Probate Court approval.

Key Facts

City/Town
New London
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1910
Days on Market
0 days
Beds
6
Baths
3 full
Living Area
3,271 sq ft
Lot Size
0.10 acres
Property Taxes
$5,228 / Annually

Market Snapshot

The New London Market

Multi-Family · trailing 12 months

Median Days on Market

35

11 active listings

Median $ / Sq Ft

$195

11 active listings

Sale-to-List Ratio

101.4%

47 sales

How this home compares

List Price

$399,900

vs $715,000 median

44.1% below median

Price / Sq Ft

$122

vs $195 median

37.4% below median

Days on Market

0 days

vs 35 days median

35 days fresher than median

Based on 11 active and 47 closed sales (trailing 12 mo) of multi-family in New London. Source: SmartMLS · As of September 23, 2026.

Location

55 Connecticut Avenue, New London, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,687

per month

  • Principal & Interest$2,118
  • Property Taxes$436
  • Insurance$133
  • 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
1910
New Construction
No/Resale
Living Area
3,271 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Steam
Heat Fuel
Natural Gas
Cooling
None
Basement
Full

Exterior & Lot

Lot Size
0.10 acres
Zoning
R-2
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level Lot

Listing & Financials

Property Taxes
$5,228 / Annually
Days on Market
0
MLS #
24209409
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Kervin Figaro

(215) 730-5401

Five Stars Realty

(860) 560-1500

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 9/23/2026. 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 9/23/2026 at 11:05 PM UTC.