205 Crystal Avenue
New London, CT, 06320 $ 250,000
Bedrooms6 Baths3.0 Sq 2,272 Monthly Estimate*
$ 1,579
for $250,000 with 6 bedrooms and 3 full baths. This 2,272 square foot home was built in 1890 on a lot size of 0.16.
Investors, take notice! Your next renovation, BRRRR, house-hack, or long-term hold could be waiting at 205 Crystal Ave, New London. This three-family offers tremendous value-add potential with 6 bedrooms, 3 full baths, well over 2,200 square feet of living space, and the potential for even more. Featuring large units, hardwood floors throughout, solid bones, natural gas, and both on-street and off-street parking, this property provides an excellent foundation for your next investment. The right renovation could unlock strong after-repair value, increase rental income, and build long-term equity. Conveniently located near the U.S. Coast Guard Academy, Connecticut College, Electric Boat, and the U.S. Submarine Base, it's well-positioned to attract long-term tenants. Based on your renovation plan and rental strategy, this is a property investor should seriously entertain, with the potential to produce double-digit returns and, if renovation costs, financing, operating expenses, and rental income align as projected, the possibility of achieving a 10-12% cap rate. Bring your vision and bring 205 Crystal Ave. back to life.
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FeaturesGeneralZoning R-2
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.16
Directions Turn onto crystal ave.
High School Per Board of Ed
City New London
Elementary School Per Board of Ed
Sq Ft Total 2272
DOM 0
Year Built 1890
Style 3updown - Unit(s) per Floor
Year Built Source Public Records
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InteriorCooling System None
Total Number of Units 3
Total Rooms 10
Basement Description Full Storage
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ExteriorWater Source Public Water Connected
Lot Description N/A
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* Excluded FeaturesList ByStephano StravoravdisListing Agent
Real Broker Ct, LlcBroker
realstephano@proton.meEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,579
- Monthly Property Taxes
- $413
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in New London, CT
Average List Price $1,386,425
Percent of Sale Price 455%
About New London, CT 26,654 Population
4% Since 2002
$ 37,286 Median Income
33.25 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/11/2026 | $250,000 | 9.17% | Price Up |
| 7/11/2026 | $229,000 | | Listed Price |