Under Contract

205 Crystal Avenue

New London, CT 06320
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Bed 8

Bed

Bath 3

Bath

SqFt2,272

Sqft

Acres0.16

Acre(Lot)

Investors, take notice! Your next renovation, BRRRR, house-hack, or long-term hold could be waiting at 205 Crystal Ave, New London. This three-family offers tremendous value-add potential with 6 bedrooms, 3 full baths, well over 2,200 square feet of living space, and the potential for even more. Featuring large units, hardwood floors throughout, solid bones, natural gas, and both on-street and off-street parking, this property provides an excellent foundation for your next investment. The right renovation could unlock strong after-repair value, increase rental income, and build long-term equity. Conveniently located near the U.S. Coast Guard Academy, Connecticut College, Electric Boat, and the U.S. Submarine Base, it's well-positioned to attract long-term tenants. Based on your renovation plan and rental strategy, this is a property investor should seriously entertain, with the potential to produce double-digit returns and, if renovation costs, financing, operating expenses, and rental income align as projected, the possibility of achieving a 10-12% cap rate. Bring your vision and bring 205 Crystal Ave. back to life.

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Detail Ic Property Details

Property Type : Residential Income

Price : $250,000

AD Id : 87964795

MLS Id : 24190831

Beds : 8

Lot Size : 0.16 Acre

Living Area Size : 2,272

Year Built : 1890

County : New London

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 10 Has Basement: Yes Basement: Full, Storage Space
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Steam Cooling: None

  • Building Information

    Year Built: 1890 Building Area Total: 2272 Construction Materials: Frame, Other Private Pool: No

  • Lot Information

    Lot Size Acres: 0.16

  • Listing Price Information

    Listing Price: $250000

  • Tax Information

    Parcel Number: 2002339 Annual Tax: $4953

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: Per Board of Ed
  • Location Information

    Direction: Turn onto crystal ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
53-55 Bank Street, New London, CT, 06320 $1,625,000 5 -- 7,668 7,668 SqFt
153 Bank Street, New London, CT, 06320 $1,725,000 6 6 12,470 12,470 SqFt
147 Bank Street, New London, CT, 06320 $1,350,000 3 3 8,701 8,701 SqFt
35 Union Street, New London, CT, 06320 $13,000,000 61 81 75,075 75,075 SqFt
96 Blinman Street, New London, CT, 06320 $350,000 4 2 2,346 2,346 SqFt
89 Hempstead Street, New London, CT, 06320 $350,000 3 2 1,330 1,330 SqFt
71 Blackhall Street, New London, CT, 06320 $349,900 4 3 1,564 1,564 SqFt
837 Bank Street, New London, CT, 06320 $525,000 5 4 2,478 2,478 SqFt
57 Garfield Avenue, New London, CT, 06320 $350,000 4 2 2,244 2,244 SqFt
49 Chappell Street, New London, CT, 06320 $550,000 8 4 5,000 5,000 SqFt

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 07/18/2026 @ 03:53

MLS: 24190831 LISTED BY: Stephano Stravoravdis, Real Broker CT, LLC SOURCE: SmartMLS

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