INVESTORS TAKE NOTE! Seller seeking clean contract. This well-maintained two-unit multifamily property offers an excellent opportunity for investors seeking stable income and long-term value. Both units are currently occupied by reliable tenants on active leases, providing IMMEDIATE CASH FLOW DAY ONE. Unit 2 was recently turned over and features fresh paint throughout, gorgeous flooring, and abundant character that enhances its overall charm and appeal. The updates create a bright, inviting living space while preserving the property's unique personality. The home also benefits from an active solar lease, helping to offset energy costs and support efficient living. With strong tenancy and thoughtful updates, this property is a smart addition to any investment portfolio.
Sold for $295,000
$295,000
31 Grand Street, New London, CT 06320
4beds
1,666sqft
Multi Family
Built in 1912
-- sqft lot
$310,800 Zestimate®
$177/sqft
$1,837 Estimated rent
Home value
$310,800
$295,000 - $326,000
$1,837/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
MOXIE TEAM AT RANDALL REALTORS - COMPASS,
Amanda Lamborn (774)254-7970,
Compass Connecticut, LLC 860-572-9099
Bought with:
Miguel Gautier, RES.0798116
KEY Real Estate Services LLC
Source: Smart MLS,MLS#: 24148436
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 1,666
- Total interior livable area: 1,666 sqft
- Finished area above ground: 1,666
Property
Lot
- Size: 4,791 sqft
- Features: Level
Details
- Parcel number: 2000358
- Zoning: C-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Asbestos
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: New London
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Sold | $295,000-6.3%$177/sqft |
Source:  Smart MLS #24148436 Report a problem | ||
| 3/16/2026 | Pending sale | $315,000$189/sqft |
Source: Smart MLS #24148436 Report a problem | ||
| 3/6/2026 | Listed for sale | $315,000$189/sqft |
Source: Smart MLS #24148436 Report a problem | ||
| 2/8/2026 | Pending sale | $315,000$189/sqft |
Source: Smart MLS #24148436 Report a problem | ||
| 1/16/2026 | Listed for sale | $315,000+96.9%$189/sqft |
Source: Smart MLS #24148436 Report a problem | ||
| 7/9/2021 | Sold | $160,000-3%$96/sqft |
Source: Smart MLS #170343293 Report a problem | ||
| 5/6/2021 | Contingent | $164,999$99/sqft |
Source: Smart MLS #170343293 Report a problem | ||
| 12/22/2020 | Price change | $164,999-5.7%$99/sqft |
Source: Smart MLS #170343293 Report a problem | ||
| 11/16/2020 | Price change | $175,000+15.1%$105/sqft |
Source: Randall Realtors #170343293 Report a problem | ||
| 11/6/2020 | Listed for sale | $152,000+17%$91/sqft |
Source: RANDALL, REALTORS-Christie's #170343293 Report a problem | ||
| 12/24/2017 | Listing removed | $129,900$78/sqft |
Source: William Raveis Real Estate #E10232138 Report a problem | ||
| 6/24/2017 | Listed for sale | $129,900+54.6%$78/sqft |
Source: William Raveis Real Estate #E10232138 Report a problem | ||
| 5/25/2017 | Listing removed | $975$1/sqft |
Source: Owner Report a problem | ||
| 5/19/2017 | Listed for rent | $975$1/sqft |
Source: Owner Report a problem | ||
| 3/31/2016 | Sold | $84,000+1.3%$50/sqft |
Source: Smart MLS #E10100761 Report a problem | ||
| 2/29/2016 | Pending sale | $82,900$50/sqft |
Source: RE/MAX on the Bay #E10100761 Report a problem | ||
| 1/4/2016 | Listed for sale | $82,900+117.6%$50/sqft |
Source: RE/MAX on the Bay #E10100761 Report a problem | ||
| 2/3/2010 | Sold | $38,100+15.5%$23/sqft |
Source: Public Record Report a problem | ||
| 12/26/2009 | Listed for sale | $32,999-86.6%$20/sqft |
Source: foreclosure.com Report a problem | ||
| 11/9/2009 | Sold | $246,500+76.1%$148/sqft |
Source: Public Record Report a problem | ||
| 1/2/2008 | Listing removed | $140,000$84/sqft |
Source: ERA #E210058 Report a problem | ||
| 12/16/2007 | Price change | $140,000-15.2%$84/sqft |
Source: ERA #E210058 Report a problem | ||
| 11/12/2007 | Listed for sale | $165,000-36.5%$99/sqft |
Source: ERA #E210058 Report a problem | ||
| 2/27/2007 | Sold | $260,000+92.6%$156/sqft |
Source: Public Record Report a problem | ||
| 3/22/2004 | Sold | $135,000+76.5%$81/sqft |
Source: Public Record Report a problem | ||
| 8/31/2000 | Sold | $76,500$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,921 -1.1% | $107,400 |
| 2024 | $2,954 +18% | $107,400 +59.8% |
| 2023 | $2,503 -0.2% | $67,200 |
| 2022 | $2,507 -1.7% | $67,200 |
| 2021 | $2,550 -0.6% | $67,200 |
| 2020 | $2,566 -4.3% | $67,200 |
| 2019 | $2,681 +13.3% | $67,200 +24.2% |
| 2018 | $2,367 -1.2% | $54,110 |
| 2017 | $2,395 +9.4% | $54,110 |
| 2016 | $2,189 +2.4% | $54,110 |
| 2015 | $2,137 +15.3% | $54,110 |
| 2014 | $1,854 -25.8% | $54,110 -40.4% |
| 2013 | $2,497 +8.7% | $90,790 |
| 2012 | $2,298 | $90,790 |
| 2011 | $2,298 | $90,790 |
| 2010 | $2,298 -0.7% | $90,790 |
| 2009 | $2,314 -3.4% | $90,790 +17.1% |
| 2008 | $2,396 +1.4% | $77,560 |
| 2007 | $2,362 +1.8% | $77,560 |
| 2006 | $2,321 +4.6% | $77,560 |
| 2005 | $2,219 +7.4% | $77,560 |
| 2004 | $2,067 -20.6% | $77,560 +5.5% |
| 2003 | $2,602 +67.7% | $73,500 +56.3% |
| 2001 | $1,552 | $47,040 |
Find assessor info on the county website
Neighborhood: 06320
Nearby schools
GreatSchools rating
- 3/10C.B. Jennings International Elementary MagnetGrades: PK-5Distance: 0.4 mi
- 3/10Bennie Dover Jackson Middle SchoolGrades: 5-8Distance: 0.5 mi
- 4/10New London Visual and Performing Arts Magnet SchoolGrades: 6-12Distance: 0.5 mi
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- Connecticut
- New London County
- New London
- 06320
- 31 Grand Street
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