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Property Description
Welcome to 42 Spring Street, a turnkey two-family home and strong income-producing opportunity. Whether you rent both units or live in one and rent the other, this property offers real income and long-term value. The detached garage has its own electric meter and can be rented separately, providing an additional income source. Very well maintained and filled with natural light, this home is truly move-in ready. Unit 1 (first floor) offers a bright one-bedroom layout with a spacious eat-in kitchen, a comfortable living room, and an updated kitchen and bath. Unit 2 combines the second and third floors and features three spacious bedrooms with good closet space, a large eat-in kitchen, and a full bath. The upper unit includes kitchen upgrades and generous living space. Each unit has its own gas and electric meters, with gas heat and hot water serving each unit independently. Updates include a roof approximately 8 years old, updated windows and siding, and LED lighting throughout both units, inside and outside. The basement is clean, well maintained, and uncluttered. Enjoy a welcoming front porch, perfect for sitting and relaxing, plus a partially fenced backyard ideal for outdoor enjoyment. Conveniently located near Electric Boat, the Coast Guard Academy, Connecticut College, Pfizer, the train station, and the beach. An excellent opportunity for owner-occupants or investors.
Features
Heating System:
Hot Water
Cooling System:
Window Unit
Basement:
Full, Unfinished, Full With Hatchway
Driveway Type:
Paved
Foundation Type:
Concrete, Brick
Heat Fuel Type:
Natural Gas
Exterior Siding:
Vinyl Siding, Asbestos
Fireplaces Total:
0
Parking Total Spaces:
5
Hot Water Description:
Natural Gas, 40 Gallon Tank
Lot Description:
N/a
Water Source:
Public Water Connected
Address Map
Street:
Spring
Street Number:
42
Floor Number:
0
Longitude:
W73° 53′ 28.5”
Latitude:
N41° 20′ 58.8”
MLS Addon
Office Name:
CT Homes Real Estate
Agent Name:
Angela Espinoza
List Agent MLSID:
FRANCOA
List Office MLSID:
CTHRE01
Tax Year:
July 2025-June 2026
Directions:
GPS friendly
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
HOA Fee Amount:
$0
Parcel Number:
1999467
Property Tax:
$3,340
Zoning:
R-2

Multi-family For Sale

42 Spring, New London, 06320

4 Bedrooms
2 Bathrooms
1,760 Sqft
$389,000
Listing ID #24151496
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24151496
Price :
$389,000
Bedrooms :
4
Baths Total :
2
Bathrooms :
2
Half Bathrooms :
0
Square Footage :
1,760 Sqft
Year Built :
1906
Lot Area :
0.11 Acre
City:
New London
Zipcode:
06320
Property Sub Type :
2 Family
Style :
Units on different Floors
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…