Constance Howard's Blog

Posted on 02/15/2024
37 Tilley Street, New London, CT 06320 now has a new price of $998,900!
13 Unit multi-family in heart of downtown New London. 12 Units rented. One unit available, gutted and ready for buildout. 3-Story building approximately 2,308 SF per floor. Full basement: 2,264 SF. Parking behind building and on street. NOI approximately $70,780. 7 CAP. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic...
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Posted on 02/10/2024
Another Property Sold - 11 Bath Street, Norwich, CT 06360
2,610 SF commercial building. 2 floors consisting of 1,305 SF each. Assessed value is $147,800. Oil heat, central air. 2 1/2 bathrooms. Roof 3 years old, parking for 6 cars in lot. Parking also available on the street. Present use is an office. Previous use was a bank. Central location in close proximity to City Hall. All offers subject to bankruptcy court...
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Posted on 02/07/2024
458 Ocean Avenue, New London, CT 06320 now has a new price of $249,000!
Freestanding 996 SF commercial building with 2 drive throughs previously used as a restaurant/cafe. Turn-key ready with 3 bay sink, freezer, 2 refrigerators, serving station and coolers. Would make a great take out or drive though restaurant. Located in close proximity to Yale New Haven Hospital, colleges and Ocean Beach. On a highly visible corner with frontage on both Ocean Avenue and School Street. Parking lot for 4 cars as well as on street. Zoned 'Neighborhood Business' for many retail and commercial...
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Posted on 02/02/2024
Another Property Sold - 130 Bank Street, New London, CT 06320
Prime, waterside property in downtown New London. Four story, brick framed commercial and residential building on the Thames River. Retail space on first floor. Unoccupied second and third floors, could be built out to be beautiful apartments. Basement was a commercial shop. Parking lot for up to 9 cars behind building. Fully gutted and ready to be...
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Posted on 02/02/2024
37 Tilley Street, New London, CT 06320 is now new to the market!
13 Unit multi-family in heart of downtown New London. 12 Units rented. One unit being renovated. 3-Story building approximately 2,308 SF per floor. Full basement: 2,264 SF. Parking behind building and on street. NOI approximately $67,420, 6 CAP. Ideally to be sold with 20 Tilley Street (10 unit) and 16 Tilley Street (3 unit). Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic district. Please also see MLS...
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Posted on 02/02/2024
20 Tilley Street, New London, CT 06320 is now new to the market!
Legal boarding house with nine guest rooms and one fully furnished apartment. Currently rented as medium term housing with a 30 day minimum. Access to fully equipped kitchen, dining room, parlor and sitting room. Shared bathrooms are in the hallway. 2-Story building: 6,610 SF with full basement. Room rates vary from $800 to over $2,000 per month in high season. Gross annual income approximately $120,000 and NOI of $74,000. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic district. Please also see MLS...
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Posted on 01/31/2024
227 W Town Street, Norwich, CT 06360 now has a new price of $575,000!
Great investment property! 2 buildings totaling 6 apartments, fully leased. NOI is $39,795. 7 CAP with room to increase NOI. Building 1 has 4 apartments with high ceilings, hardwood floors, natural light, washers & dryers or hook-ups, ceiling fans and some with outdoor decks. Building 2 has 2 apartments, 1 studio, 1 two bedroom and one garage. Property is very well maintained and conveniently located near I-395. Please see also MLS...
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Posted on 01/31/2024
227 W Town Street, Norwich, CT 06360 now has a new price of $575,000!
Great investment property! 2 buildings totaling 6 apartments, fully leased. NOI is $39,795. 7 CAP with room to increase NOI. Building 1 has 4 apartments with high ceilings, hardwood floors, natural light, washers & dryers or hook-ups, ceiling fans and some with outdoor decks. Building 2 has 2 apartments, 1 studio, 1 two bedroom and one garage. Property is very well maintained and conveniently located near I-395. Please see also MLS...
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Posted on 01/31/2024
131 Boston Post Road, East Lyme, CT 06333 is now new to the market!
1,400 SF of office space available in well maintained retail/office complex in central Flanders Four Corners. Current layout has a reception area, 4 offices, a conference room, break room, closet, and one bathroom. Access to the basement for storage as well. Possibility to combine offices for larger units. Nice, natural light throughout. Ample parking on site. Lease rate is $17.00 PSF NNN. NNN estimated at $5.77. Other tenants in the plaza include a physical therapist, dental group, podiatrist, and consulting services. Great visibility on a high traffic street with easy access to I-95 and downtown...
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Posted on 01/29/2024
36 North Street, Groton, CT 06340 now has a new price of $999,000!
Prime corner with great exposure just off I-95 in Groton located on high traffic street. This property consists of three commercial buildings: one warehouse with high ceilings and two overhead doors; one two-story office building and one building used for storage on 0.56 acres. Property is fenced in for security. In close proximity to Electric Boat, Pfizer and Avery Point. Easy on/off access from I-95. Great opportunity to redevelop the site or for an end...
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Posted on 01/24/2024
37 Tilley Street, New London, CT 06320 is now new to the market!
13 Unit multi-family in heart of downtown New London. 12 Units rented. One unit being renovated. 3-Story building approximately 2,308 SF per floor. Full basement: 2,264 SF. Parking behind building and on...
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Posted on 01/24/2024
20 Tilley Street, New London, CT 06320 is now new to the market!
Legal boarding house with nine guest rooms and one fully furnished apartment. Currently rented as medium term housing with a 30 day minimum. Access to fully equipped kitchen, dining room, parlor and sitting room. Shared bathrooms are in the hallway. 2-Story building: 6,610 SF with full basement. Room rates vary from $800 to over $2,000 per month in high season. Gross annual income approximately $120,000 and NOI of $74,000. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic...
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