97 & 107 Green Street
New London, CT 06320
$695,000
Located in downtown New London, 97 & 107 Green St presents an excellent opportunity to own a cash-flowing multifamily property in one of Connecticut's strongest rental markets. The property provides investors with exposure to major economic drivers, including General Dynamics Electric Boat, Pfizer, Lawrence + Memorial Hospital, the U.S. Coast Guard Academy, Mitchell College, Connecticut College, and many more. The property is located just minutes from the Cross Sound Ferry and New London's Union Train Station, while offering convenient access to the city's downtown business district, waterfront, neighborhood retail corridors, and surrounding residential areas. The property also benefits from strong connectivity to major regional routes, including Route 32, Route 12, and Interstate 95, providing efficient access throughout southeastern Connecticut and convenient connections to Norwich, Groton, and the broader New London-Norwich area. 97 Green St is a three-story brick building containing four (4) 1-bedroom/1-bathroom units and two (2) Studio units, with 3,004 square feet of gross living area within 4,000 square feet of gross area. 97 Green St is situated on a 0.06-acre parcel. 107 Green St offers 10 off-street parking spaces on a private 0.09-acre lot adjacent to the building. 107 Green St Parcel ID: 4557
| Listing Id: | 24211716 |
|---|---|
| List Price: | $695,000 |
| Property Type: | Multi Family |
| Property Sub Type: | 5 Family+ |
| Status: | Active |
| Bank Owned Property: | No |
| Beds Total: | 4 |
| Baths Full: | 6 |
| Living Area Sqft Per Public Record: | 3,004 |
| Property Tax: | $5,764 |
| Acres: | 0.06 |
| Style: | Units on different Floors |
| Direct Waterfront Yn: | No |
| City: | New London |
| County: | New London |
| Postal Code: | 06320 |
| Year Built: | 1920 |
| Total Number Of Units: | 6 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Assessed Value: | $212,700 |
| Attic Yn: | No |
| Basement Description: | Yes |
| Basement Description: | Partial,Unfinished |
| Baths Total: | 6 |
| Comp Only Manual Yn: | No |
| Cooling System: | Ceiling Fans, Window Unit |
| Current Price: | $695,000.00 |
| Directions: | From Eugene O'Neill Drive, turn right onto Golden St, then turn left onto Green St heading towards Pearl St. |
| Display Fair Market Value Yn: | No |
| Elementary School: | Per Board of Ed |
| Exterior Siding: | Brick |
| Foundation Type: | Brick, Masonry |
| Gross Annual Expense: | $23,214 |
| Gross Annual Income: | $75,434 |
| Heat Fuel Type: | Electric |
| Heat Type: | Baseboard |
| High School: | Per Board of Ed |
| Home Owner's Assocation: | No |
| Hot Water Description: | Electric, 40 Gallon Tank |
| Listing Contract Date: | 2026-10-05 |
| Lot Description: | Secluded |
| Mil Rate Total: | $27.20 |
| Status: | Active |
| Net Operating Income: | $52,219 |
| New Construction Type: | No/Resale |
| Occupied By: | Tenant |
| Original List Price: | $695,000 |
| Parcel Number: | 1999854 |
| Possession Availability: | Tenant |
| Potential Short Sale: | No |
| Preferred Phone: | (203) 243-8785 |
| Price: | $695,000 |
| Roof Information: | Flat |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Est Heated Above Grade: | 3,004 |
| Sq Ft Total: | 3,004 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2026-June 2027 |
| Total Rooms: | 22 |
| Total Rooms Multi Family: | 22 |
| Under Agreement Yn: | No |
| Waterfront Description: | Not Applicable |
| Water Source: | Public Water Connected |
| Year Built Source: | Public Records |
| Zoning: | CBD-2 |
Listing Courtesy of: Horvath & Tremblay
Listing Agent: Thomas Connor
(203) 243-8785
Mortgage Calculator
© 2026 Smart MLS. All rights reserved. Information is deemed reliable but not guaranteed. MLS Disclaimer: Information deemed reliable but not guaranteed to be accurate.
Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET