$6,530 Closing Credit¹
#24063083, Micah Bailey, Listing Office: Alpha Capital Realty, LLC
#24069261·
Listing Office: Alpha Capital Realty, LLC·
Listing Agent: Micah Bailey·
Listing Office Phone: (203) 347-4757
$7,718
closing credit¹
65 Shaw St New London, CT 06320
$649,900 List price
$7,718
Closing credit¹
7 beds
5 full
3,557 sqft
0.2 acres
$183 / sqft
Multi-Family
Property details
About 65 Shaw St
Investors, don't miss this solid value-add opportunity in New London! Located at 65 Shaw Street, this 5-unit multifamily property consists of two buildings: a 3,125 square foot, 4-unit main building and a separate 432 square foot studio unit, which is residential but is also zoned commercial, offering additional potential. The asset performs at a 7.79 cap with no vacancy, with strong upside to run at a 9.03 cap fully stabilized. You will have a mix of 2 bedrooms, 1 bedrooms and a studio unit. Two units have been fully renovated, one partially renovated, and two are ready for updates, creating a fantastic opportunity for any value-add investor. Situated in an area with strong rental demand and steady job growth, this property is perfect for expanding your portfolio.
Highlights
Home typeMulti Family
HeatingHot Water
StatusActive
Size3,557 sqft
BasementYes
Lot size0.21 Acres
Year built1900
MLS #24069261
Summary
- MLS Number: 24069261
- Office Name: Alpha Capital Realty, LLC
- Office Phone: (203) 347-4757
- Office Email: micah@alphacapitalrealty.com
- Listing Agent: Micah Bailey
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$649,900
65 Shaw St
$7,718
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 26, 2023 | Home Sold | $263,889 |
| Jul 02, 2007 | Home Sold | $185,000 |
| Feb 01, 1991 | Home Sold | $40,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $251,200 | $6,908 |
| 2023 | $172,760 | $6,434 |
| 2022 | $172,760 | $6,446 |
| 2021 | $172,760 | $6,556 |
| 2020 | $172,760 | $6,598 |
| 2019 | $172,760 | $6,893 |
History based on county public records data.
Nearby schools
2
C. B. Jennings Dual Language and International Elementary Magnet School
Public Magnet PK-5
0.7 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
0.8 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 $43,244. The majority of New London, CT residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
37%
<35k
55%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
56%
Single, No Kids
18%
Single, with Kids
12%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
6%
12-17 yrs old
31%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Extreme Sports
Soccer
Where do the neighbors shop?
Burlington
Sam's Club
Forever 21
Where do the neighbors go to eat?
Popeyes
White Castle
Dominos Pizza
What do the neighbors drive?
Dodge
Oldsmobile
Mazda
What do the neighbors listen to?
Urban Contemporary
Rock
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$4,749 Closing Credit¹
#24070837, Kervin Figaro, Listing Office: Five Stars Realty
This home is located at 65 Shaw St in New London, CT and zip code 06320. This 3,557 square foot home, which was built in 1900, sits on a 0.21 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $649,900.
In January 2025, from all listings sold in New London, CT there were more than 2 sold above asking price, over 4 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in New London, CT between December and January 2025 increased by 12%.
From Rocket Homes Real Estate and based on county public records data.