#24082301, Erin McNamara, Listing office: RE/MAX on the Bay
#24106926·
Listing office: Real Broker CT, LLC·
Listing agent: Stephano Stravoravdis·
Listing office phone: (855) 450-0442
$525,000 List price
19 Summer St New London, CT 06320
6 beds
3 full
2,738 sqft
0.1 acres
$192 / sqft
Multi-Family
Property details
About 19 Summer St
This fully occupied, cash-flowing three-family property in the heart of New London generates over $60,000 in gross annual income, with an approximate net income of $55,000 per year-making it a strong turnkey investment with room to grow. Each of the three spacious units features 2 bedrooms and 1 full bath, offering generous layouts that appeal to a wide range of tenants. Two units have been updated within the past year, and the building boasts a brand-new Gambrel-style roof with 30-year shingles for long-term durability. Located in a convenient and desirable area of New London, the property offers easy access to major highways, public transportation, downtown shops and restaurants, local colleges, and the waterfront-enhancing its rental appeal. Additional highlights include on-site laundry in the basement and plentiful private off-street parking. With the potential to increase income by updating the remaining unit, this property combines immediate cash flow with long-term upside in a growing coastal city known for strong rental demand and vibrant community life. Please come and take a look!
Highlights
Home typeMulti Family
HeatingHot Water
StatusActive
CoolingWall Unit(s)
Size2,738 sqft
BasementYes
Lot size0.11 Acres
Year built1900
ParkingNone, Paved, Off Street Parking, Driveway
MLS #24106926
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 6
- Attached Garage: No
- Private Pool: No
- Parking: None, Paved, Off Street Parking, Driveway
- Heating: Hot Water
- Cooling: Wall Unit(s)
- List Price: $525,000
- Price/SqFt: $191
- Annual Tax Amount: $5,429
- Tax Year: 2024
- Directions: Turn onto Summer Street. House will be on the left.
- Year Built: 1900
- Living Area: 2,738 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 24106926
- Office Name: Real Broker CT, LLC
- Office Phone: (855) 450-0442
- Office Email: realstephano@proton.me
- Listing Agent: Stephano Stravoravdis
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 4:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 19, 2023 | Home Sold | $325,000 |
| May 14, 1999 | Home Sold | $99,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $197,400 | $5,429 |
| 2022 | $121,520 | $4,534 |
| 2021 | $121,520 | $4,612 |
| 2020 | $121,520 | $4,641 |
| 2019 | $121,520 | $4,849 |
History based on county public records data.
Nearby schools
2
C. B. Jennings Dual Language and International Elementary Magnet School
Public Magnet PK-5
0.6 mi
•50 Mercer St
3
Regional Multicultural Magnet School
Public Magnet KG-5
0.8 mi
•1 Bulkeley Pl
2
Harbor Elementary School
Public District PK-5
1.0 mi
•432 Montauk Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,438. The most common annual income of people living in New London, CT is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
45%
<35k
50%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating- UFC
Where do the neighbors shop?
Burlington
Family Dollar
Sam's Club
Where do the neighbors go to eat?
Popeyes
Church's Chicken
Burger King
What do the neighbors drive?
Dodge
Cadillac
Buick
What do the neighbors listen to?
Urban Contemporary
Jazz
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 19 Summer St
The listing price of 19 Summer St property is $525,000.
The property 19 Summer St is a multi located in New London, Connecticut, 06320.
Active Listing: 19 Summer St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 19 Summer St are: C. B. Jennings Dual Language and International Elementary Magnet School (GreatSchools Rating 2/10), Regional Multicultural Magnet School (GreatSchools Rating 3/10), Harbor Elementary School (GreatSchools Rating 2/10), Bennie Dover Jackson International Education and Dual Language Middle School (GreatSchools Rating 2/10), Interdistrict School for Arts and Communication (GreatSchools Rating 6/10), Clark Lane Middle School (GreatSchools Rating 5/10), New London Visual & Performing Arts Magnet School (GreatSchools Rating 3/10), Science and Technology Magnet School of Southeastern Connecticut (GreatSchools Rating 4/10), New London Science & Technology Magnet High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $5,429 (source: MLS/based on county public records data).
The last sale was on May 19, 2023 for $325,000 (source: MLS/tax record).
The property 19 Summer St is 2,738 SqFt (source: MLS/tax record).
The year of construction for 19 Summer St is 1900.
This home is located at 19 Summer St in New London, CT and zip code 06320. This 2,738 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $525,000.
In June 2025, from all listings sold in New London, CT there were more than 8 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price. The number of homes for sale in New London, CT decreased by 1.3% between May and June 2025.
From Rocket Homes Real Estate and based on county public records data.