11 Colver Street
New London, CT 06320
$415,000
Rare opportunity to own a fully rented side-by-side duplex in New London, offering immediate rental income from day one. Built in 1917, this 2,132-square-foot property features 12 total rooms, with three bedrooms and one full bath in each unit, for a combined six bedrooms and two full baths. Both units include a kitchen, dining room, living room and private laundry hookups in the lower level, along with an additional finished basement room. The month-to-month tenants currently pay $1,553 per month for Unit 1 and $1,543 per month for Unit 2, providing a combined monthly rental income of $3,096. Classic period details include hardwood flooring, a slate roof, an enclosed rear porch, and an open front porch. A detached three-car garage is a standout feature for a multifamily property in this area, offering valuable parking, storage, or potential additional income. Set on a manageable 0.14-acre level lot, the property is heated by natural gas and connected to public water and sewer. Conveniently located near local schools, shopping, dining, transportation, and downtown New London, this property is an excellent opportunity for an investor seeking a cash-flowing addition to their portfolio or an owner-occupant looking to offset their mortgage with rental income.
| Listing Id: | 24193585 |
|---|---|
| List Price: | $399,900 |
| Close Price: | $415,000 |
| Close Date: | 2026-09-18 |
| Property Type: | Multi Family |
| Property Sub Type: | 2 Family |
| Status: | Closed |
| Bank Owned Property: | No |
| Beds Total: | 6 |
| Baths Full: | 2 |
| Living Area Sqft Per Public Record: | 2,132 |
| Property Tax: | $4,661 |
| Acres: | 0.14 |
| Style: | Units are Side-by-Side |
| Direct Waterfront Yn: | No |
| City: | New London |
| County: | New London |
| Postal Code: | 06320 |
| Year Built: | 1917 |
| Total Number Of Units: | 2 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Assessed Value: | $172,000 |
| Attic Description: | Access Via Hatch |
| Attic Yn: | Yes |
| Basement Description: | Yes |
| Basement Description: | Full,Interior Access,Partially Finished,Concrete Floor |
| Baths Total: | 2 |
| Color: | Tan |
| Comp Only Manual Yn: | No |
| Cooling System: | None |
| Current Price: | $415,000.00 |
| Directions: | Use GPS, park on street |
| Display Fair Market Value Yn: | No |
| Driveway Type: | Circular |
| Elementary School: | C. B. Jennings |
| Expected Active Date: | 2026-08-03 |
| Exterior Features: | Porch |
| Exterior Siding: | Aluminum |
| Flood Zone Yn: | No |
| Foundation Type: | Stone |
| Garage & Parking: | Detached Garage, Driveway |
| Garages Number: | 3 |
| Gross Annual Expense: | $8,689 |
| Gross Annual Income: | $37,159 |
| Heat Fuel Type: | Natural Gas |
| Heat Type: | Hot Air |
| High School: | New London |
| Home Owner's Assocation: | No |
| Home Warranty Offered Yn: | No |
| Hot Water Description: | Natural Gas, Domestic |
| Laundry Room Info: | All Units Have Hook-Ups |
| Laundry Room Location: | Lower level |
| Listing Contract Date: | 2026-07-30 |
| Lot Description: | Level Lot |
| Middle Jr High School: | Dover Jackson |
| Mil Rate Total: | $27.10 |
| Status: | Closed |
| Nearby Amenities: | Library, Medical Facilities, Park, Playground/Tot Lot, Shopping/Mall |
| Net Operating Income: | $16,447 |
| New Construction Type: | No/Resale |
| Occupied By: | Tenant |
| Original List Price: | $399,900 |
| Parcel Number: | 2000890 |
| Parking Total Spaces: | 6 |
| Pending Date: | 2026-08-10 |
| Possession Availability: | Asap |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 302-7717 |
| Price: | $415,000 |
| Radon Mitigation Air Ynu: | No |
| Radon Mitigation Water Ynu: | No |
| Roof Information: | Slate |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | Yes |
| Sq Ft Est Heated Above Grade: | 2,132 |
| Sq Ft Total: | 2,132 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2026-June 2027 |
| Total Rooms: | 12 |
| Total Rooms Multi Family: | 12 |
| Under Agreement Yn: | No |
| Waterfront Description: | Not Applicable |
| Water Source: | Public Water Connected |
| Year Built Source: | Public Records |
| Zoning: | R-2 |
Listing Courtesy of: KW Legacy Partners
Listing Agent: Chloe N White
(860) 302-7717
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Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET