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97 & 107 Green Street

New London, Connecticut 06320

ACTIVE - NEW$695,000
Beds
4
Baths
6
SqFt
3,004
Acres
0.06
Year Built
1920
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Located in downtown New London, 97 & 107 Green St presents an excellent opportunity to own a cash-flowing multifamily property in one of Connecticut's strongest rental markets. The property provides investors with exposure to major economic drivers, including General Dynamics Electric Boat, Pfizer, Lawrence + Memorial Hospital, the U.S. Coast Guard Academy, Mitchell College, Connecticut College, and many more. The property is located just minutes from the Cross Sound Ferry and New London's Union Train Station, while offering convenient access to the city's downtown business district, waterfront, neighborhood retail corridors, and surrounding residential areas. The property also benefits from strong connectivity to major regional routes, including Route 32, Route 12, and Interstate 95, providing efficient access throughout southeastern Connecticut and convenient connections to Norwich, Groton, and the broader New London-Norwich area. 97 Green St is a three-story brick building containing four (4) 1-bedroom/1-bathroom units and two (2) Studio units, with 3,004 square feet of gross living area within 4,000 square feet of gross area. 97 Green St is situated on a 0.06-acre parcel. 107 Green St offers 10 off-street parking spaces on a private 0.09-acre lot adjacent to the building. 107 Green St Parcel ID: 4557

Key Facts

City/Town
New London
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1920
Days on Market
0 days
Beds
4
Baths
6 full
Living Area
3,004 sq ft
Lot Size
0.06 acres
Property Taxes
$5,764 / Annually

Market Snapshot

The New London Market

Multi-Family · trailing 12 months

Median Days on Market

21

13 active listings

Median $ / Sq Ft

$188

13 active listings

Sale-to-List Ratio

101.4%

47 sales

How this home compares

List Price

$695,000

vs $695,000 median

In line with median

Price / Sq Ft

$231

vs $188 median

22.9% above median

Days on Market

0 days

vs 21 days median

21 days fresher than median

Based on 13 active and 47 closed sales (trailing 12 mo) of multi-family in New London. Source: SmartMLS · As of October 6, 2026.

Location

97 & 107 Green Street, New London, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,516

per month

  • Principal & Interest$3,804
  • Property Taxes$480
  • Insurance$232
  • 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
5 Family+
Style
Units on different Floors
Year Built
1920
New Construction
No/Resale
Living Area
3,004 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Ceiling FansWindow Unit
Basement
PartialUnfinished

Exterior & Lot

Lot Size
0.06 acres
Zoning
CBD-2
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Brick
Roof
Flat
Foundation
BrickMasonry
Lot Description
Secluded

Listing & Financials

Property Taxes
$5,764 / Annually
Days on Market
0
MLS #
24211716
MLS Status
Active

Similar Properties

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

Listed By

Thomas Connor

(203) 243-8785

Horvath & Tremblay

(781) 776-4000

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

The IDX display contains information sourced from SmartMLS, Inc. as of 10/6/2026. 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 10/6/2026 at 12:40 AM UTC.