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$ 655,000
Est. payment /mo
New
190 Montauk Avenue New London, CT 06320
4 Beds
3 Baths
3,018 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,018 sqft
Price per Sqft $217
MLS Listing ID 24146137
Style Units on different Floors
Bedrooms 4
Full Baths 3
Year Built 1897
Annual Tax Amount $5,813
Lot Size 9,147 Sqft
Property Sub-Type 3 Family
Property Description
Turnkey, Well-maintained, Nicely Updated, three-unit multifamily offering. Here is an Income Producing property with favorable rental income and long-term stability in a proven rental market. New London's high-demand rental market is supported by major local employers and Navy Personnel needs including Electric Boat, Mitchell College, Connecticut College, Lawrence + Memorial Hospital, and the nearby Naval Submarine Base New London. This investment provides favorable market rents with potential for Value-Add opportunities. The properties systems and layouts support continued operation with No Need for immediate improvements, making this an excellent option for investors seeking a straightforward, income-producing asset. Prime Location, Minutes from Electric Boat, Sub Base, and other major employers ensuring optimal prospects for always be occupied. This location is convenient to Great Restaurants, Shops, Theater, Library, Music Venues, Fitness Training, Health Care and Much More. Walkable and/or a Short Ride to other Restaurants, Shopping, Healthcare, Entertainment, Major Employers, Beaches, Boating, Schools, Casinos, and much more. It is Conveniently Situated 5 Minutes to Groton, 15 minutes to Niantic, 20 minutes to Mystic, 30 minutes to the Rhode Island border, and about an hour to Hartford. New London's central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Sea transportation, and less than an hour to Major Airports.
Location
State CT
County New London
Zoning R-2
Rooms
Basement Full
Interior
Heating Baseboard, Steam
Cooling Ceiling Fans
Fireplaces Number 1
Exterior
Parking Features None
Waterfront Description View
Roof Type Asphalt Shingle
Building
Lot Description Secluded, Corner Lot, Treed, Level Lot, Water View
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Ferdinand Giacinto • RE/MAX on the Bay

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