31 Grand Street, New London, CT 06320

• 4 beds |
• 2 baths |
• 1,666 sqft

Property Description

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.

Listing Status:

Pending

Date Added:

January 12, 2026

Data Last Updated:

March 28, 2026 at 4:52PM

Listing Office:

Compass Connecticut, LLC : (860) 572-9099

Listing Agent:

Amanda Lamborn : (774) 254-7970

MLS ID:

24148436

Interior

• Basement: FullFull With Hatchway
• A/C: None
• Heating: BaseboardElectric
• Fireplace: Fireplaces: 0

Exterior

• Style: Units on different Floors

Construction

• Roofing: Asphalt Shingle

Location

• County: New London

Lot

• Zoning: C-12000358

Utilities

• Water: Public Water Connected
• Sewer: Public Sewer Connected