Under Contract

36 Cleveland Street

New London, CT 06320

$389,900 $1,643/Mo

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Overview

Bed

Bath

3,533

Sqft

0.13

Acre(Lot)

Description

Huge 1900s multi-family in great New London location. 3,533 square feet across 10 total rooms, with 8 bedrooms and 3 full baths between the units. First and second floor units are currently tenant-occupied - Unit 1 (1,428 sq ft) and Unit 2 (1,289 sq ft), each with 3 bedrooms and 1 full bath - delivering immediate rental income from day one. Both include oven/range and refrigerator. The property sits on a level corner lot with a covered porch, gutters, and a detached one-car garage plus additional parking space, a valuable feature for multi-family in this area. Steam heat (oil-fueled) with a tankless water heater and public water/sewer service (in street) round out the utilities. Ideally located near C.B. Jennings Elementary, Dover-Jackson Middle, and New London High School, with nearby acc ess to basketball courts, commuter bus, golf, library, medical facilities, parks, and private schools. A strong opportunity for an investor to add a fully occupied, cash-flowing two-family with 3rd floor expansion to their portfolio in a walkable New London neighborhood. Being sold As Is. Cash, Conventional or rehan loan only.

Property Details

Property Type : Residential Income

Price : $389,900

AD Id : 91161665

MLS Id : 24193288

Beds : 8

Lot Size : 0.13 Acre

Living Area Size : 3,533 Sq. Ft

Tax Amount : $5,970

Year Built : 1900

Garage : 1

County : New London

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Rooms Total: 14 Has Basement: Yes Basement: Full, Unfinished
Roofing Information

Asphalt
Interior Features

Roof: Asphalt
Heating & Cooling

Has Heating: Yes Heating: Oil, Steam Cooling: None

Building Information

Year Built: 1900 Building Area Total: 3533 Construction Materials: Vinyl Siding, Frame Patio And Porch Features: Porch Private Pool: No

Lot Information

Lot Size Acres: 0.13 Lot Description: Corner Lot, Level

Listing Price Information

Listing Price: $389900

Tax Information

Parcel Number: 2001715 Annual Tax: $5970

Parking Information

Parking Total: 2 Asphalt, On Street, Paved, Driveway

Garage Information

Has Garage: Yes Garage Space: 1

School Information

Elementary School: C. B. Jennings

Junior High School: Dover Jackson

Senior High School: New London
Location Information

Direction: Use GPS

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
153 Bank Street, New London, CT, 06320	$1,725,000	6	6	12,470	0.18 Acre
147 Bank Street, New London, CT, 06320	$1,350,000	3	3	8,701	0.09 Acre
35 Union Street, New London, CT, 06320	$13,000,000	61	81	75,075	0.65 Acre
16 Starr Street, New London, CT, 06320	$444,000	5	3	3,024	0.07 Acre
88 Riverview Avenue, New London, CT, 06320	$725,000	6	5	3,168	0.23 Acre
82 Maple Avenue, New London, CT, 06320	$1,700,000	20	12	8,732	0.34 Acre
198 Montauk Avenue, New London, CT, 06320	$715,000	5	3	2,369	0.17 Acre
77 Truman Street, New London, CT, 06320	$480,000	2	4	3,410	0.10 Acre
144 Montauk Avenue, New London, CT, 06320	$650,000	8	4	3,309	0.11 Acre
35 Moore Avenue, New London, CT, 06320	$479,900	6	3	2,420	0.11 Acre

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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 09/30/2026 @ 20:07

MLS: 24193288 LISTED BY: Chloe White, KW Legacy Partners SOURCE: SmartMLS