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31 Grand Street, New London, CT 06320

Local realty services provided by:CENTURY 21 Alliance Realty Group
31 Grand Street,New London, CT 06320
$315,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: amanda lamborn(774) 254-7970
Office: compass connecticut, llc
MLS#:24148436
Source:CT

Price summary

  • Price:$315,000

About this home

AN INVESTORS DREAM! This well-maintained two-unit multifamily property offers an excellent opportunity for investors seeking stable income and long-term value. Both units are currently occupied by reliable tenants on active leases, providing immediate cash flow from day one. Unit 2 was recently turned over and features fresh paint throughout, gorgeous flooring, and abundant character that enhances its overall charm and appeal. The updates create a bright, inviting living space while preserving the property's unique personality. The home also benefits from an active solar lease, helping to offset energy costs and support efficient living. With strong tenancy, thoughtful updates, and solid fundamentals, this property is a smart addition to any investment portfolio. Photos are of newly turned over Unit 2 before new tenants in September. Professional photography coming later this week!

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Home facts

  • Year built:1912
  • Listing ID #:24148436
  • Added:1 day(s) ago
  • Updated:January 13, 2026 at 01:45 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1912

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$315,000
  • Tax amount:$2,921 (July 2025-June 2026)
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