119 Jefferson Ave | Image 1
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$285,000

Other

A month ago

119 Jefferson Ave, New London, CT

House

MLS® 24158616

5 Bed

3 Bath

1936 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1936 sqft
Garage Yes
Taxes $3,862
Days Active 31
Lot Size 
Approx. Age 1890
Avg. Price Per Sqft $147
MLS® Number 24158616

Property Address: 119 Jefferson Ave, New London, CT, 06320-5142

Average square foot calculated using Size range provided by listing agent.

Description

***Highest & Best Due by Wednesday 1pm!***Attention investors and contractors! Value-add 3-family opportunity located at 119 Jefferson Avenue with strong income potential and immediate cash flow. All three units are currently occupied with month-to-month tenants, offering flexibility for rent increases or future renovations. Current rents total approximately $3, 700+ per month, with upside potential once improvements are completed. Property features a solid multi-unit layout and includes a huge driveway with ample off-street parking plus a detached one-car garage-a rare and valuable feature for tenants. Property requires significant updates, including heating system installation, siding replacement, roof evaluation, and cosmetic improvements throughout. Being sold strictly as-is. Ideal for cash buyers or rehab loan financing. This is a prime opportunity to reposition an income-producing asset in New London's active multifamily market. With the right renovations, this property offers strong cash flow and long-term appreciation potential. Conveniently located near major employers, Electric Boat, shopping, dining, and local amenities. Don't miss your chance to unlock the full potential of this multi-family investment!
MLS® Number24158616
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1890
BasementPartial, Full, Full With Walk-Out
DrivewayDetached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Mar 24, 2026List Date
$285,000List Price
  • Commute

Commute

Starting Address
Destination Address
119 Jefferson Ave, New London, CT

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