Fantastic opportunity to own a fully rented, cash flowing investment property. Each unit boasts 2 bedrooms, multiple floors of living space and basement space for laundry and extra storage. Property has newer gas furnaces. Located in a neighborhood setting, with lots of privacy in back yard, but also conveniently located to shopping, dining and all major highways. Don't miss out on this great investment opportunity!!
Multi-familyProperty Type
1942Year Built
10,018 sq ftLot Size
$209Est. Price/Sq.Ft.
Listed by Kenneth Fratus• RE/MAX on the Bay
Bought with David Wolber• Compass Connecticut, LLC
Source:Smart MLS #170451800
Redfin Estimate
$354,596
$160K since sold in December 2021$4,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 16.5% higher than the average sale price ($304K) of 6 comparable homes.
Wonderful opportunity to own a fully occupied and newly remodeled duplex. Each unit is leased at $950 and $1075 per month respectively. There are many updates throughout, including new appliances, refinished floors, fresh paint, updated bathrooms, new propane furnaces, and more. Great Investment opportunity.
Smart MLS #E88860
May 4, 1998
Listed
$89,900
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,670 (−0.2%)
$33,390 + $65,170
$98,560
2022
$3,677 (−1.7%)
$33,390 + $65,170
$98,560
2021
$3,740 (−0.6%)
$33,390 + $65,170
$98,560
2020
$3,764 (−4.3%)
$33,390 + $65,170
$98,560
2019
$3,933 (+9.4%)
$33,390 + $65,170
$98,560
2018
$3,595 (−1.2%)
$39,480 + $42,700
$82,180
2017
$3,637 (+9.4%)
$39,480 + $42,700
$82,180
2016
$3,325 (+18.1%)
$39,480 + $42,700
$82,180
2014
$2,816 (−11.9%)
$39,480 + $42,700
$82,180
2011
$3,197
$48,020 + $68,250
$116,270
Tax history for 65 Ridgeview Cir
Year
Property tax
Land + Additions
Assessment*
2023
$3,670 (−0.2%)
$33,390 + $65,170
$98,560
2022
$3,677 (−1.7%)
$33,390 + $65,170
$98,560
2021
$3,740 (−0.6%)
$33,390 + $65,170
$98,560
2020
$3,764 (−4.3%)
$33,390 + $65,170
$98,560
2019
$3,933 (+9.4%)
$33,390 + $65,170
$98,560
2018
$3,595 (−1.2%)
$39,480 + $42,700
$82,180
2017
$3,637 (+9.4%)
$39,480 + $42,700
$82,180
2016
$3,325 (+18.1%)
$39,480 + $42,700
$82,180
2014
$2,816 (−11.9%)
$39,480 + $42,700
$82,180
2011
$3,197
$48,020 + $68,250
$116,270
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Sq. Ft.
1,700
Year built
1942
Style
Multi-Family (2-4 Unit)
County
New London County
APN
2002627
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2023.
R-2
Two Family Medium Density Residential District
To provide for areas of relatively open character for single family and 2 family detached dwellings as well as for preservation of open spaces through cluster development on appropriate sites; to provide for facilities and uses which serve residents of these areas and which are benefited by an open residential environment; to provide opportunity for creative use of large older buildings as a means of assuring neighborhood stability, aesthetics and historic preservation.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Parking
Garage Information
Garage & Parking: Off Street Parking
Interior
Virtual Tour Information
Has Virtual Tour
Interior Information
Laundry Room Location: basement
Thermostat(s)
Bathroom Information
# of Baths (Full): 2
Bedroom Information
Beds Total: 4
Room Information
Basement Description: Full, Unfinished
Multi-Unit Information
Unit Count: 2
Total Rooms Multi Family: 8
Total Number of Units: 2
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Wood
Lot Information
Lot Description: Level Lot
Building Information
Foundation Type: Concrete
Construction Description: Frame
Color: Blue
Property Information
Property Type: Multi-Family For Sale
Property Sub Type: 2 Family
Living Area SQFT Per Public Record: 1700
Driveway Type: Private
Financial
Assessments Information
Assessed Value: $98,560
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Electric
Heat Type: Gravity Warm Air
Heat Fuel Type: Propane
Fuel Tank Location: Above Ground
Location
School Information
Middle Jr High School: Dover Jackson
High School: New London
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Nearby Amenities: Basketball Court, Golf Course, Library, Medical Facilities, Park, Private School(s), Shopping/Mall, Walk to Bus Lines
Directions: GPS Friendly
County: New London
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,700
Stories: 2.0
Lot Size: 10,019 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1942
Year Renovated: —
County: New London County
APN: 2002627
Home facts updated by county records on Jul 14, 2023
Other
Documents & Disclosures
Supplement Count Public: 1
Around this home
Schools
Winthrop STEM Elementary Magnet School
Public PreK-5 • Assigned • 0.7mi
4/10
Bennie Dover Jackson Middle School
Public 5-8 • Assigned • 1.0mi
3/10
New London Visual and Performing Arts Magnet School
Public 6-12 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 94° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
New London, CT • 06320
Average low and high temperatures (°F)
36
23
38
23
50
33
58
42
66
51
78
61
82
67
78
61
74
58
65
48
55
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.6 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$337,000 – $408,000
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