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Listed price in listed location currency (USD).
$685,000

538

MLS® 24146139

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2369 sqft
Garage No
Taxes $6,047
Days Active 5
Lot Size 0.17 acres
Approx. Age 1890
Avg. Price Per Sqft $289
MLS® Number 24146139

Property Address: 198 Montauk Ave, New London, CT, 06320-4814

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

Description

Turnkey Investment Opportunity. Here is a Fully Renovated Three-Family turn-key triple-income asset in a bustling and high growth area with thriving local commerce. This property has been completely reimagined with quality updates and finishes, offering a seamless blend of income and nothing further to do with long-term financial stability. Renovations include Brand New Kitchens & Baths, Updated Mechanicals across all three units with plenty of off-street parking and laundry facilities on premise. This investment is optimized for favorable market rents with separate utilities to keep overhead low. Low Maintenance because it's been modernized from top to bottom, minimizing future capital expenditures. Prime Location, Minutes from Electric Boat Sub Base and other major employers to ensure it will always be occupied. This location is also convenient to Great Restaurants, Shops, Theater, Library, Music Venues, Fitness Training, Health Care and Much More. Step into this immediate Cash Flow Opportunity., This location is convenient to Great Restaurants, Shops, Theater, Library, Music Venues, Fitness Training, Health Care and Much More. This Location is also Walkable and/or a Short Ride to other Restaurants, Shopping, Healthcare, Entertainment, Major Employers, Beaches, Boating, Schools, and much more. It is Conveniently Located 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. Step into this immediate Cash Flow Opportunity.
MLS® Number24146139
Laundry LevelCoin Op Laundry, Basement
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age1890
BasementFull, Heated, Storage, Concrete Floor, Full With Walk-Out
DrivewayNone, Paved, Parking Lot, Unassigned Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 2, 2026List Date
$685,000List Price
  • Commute

Commute

Starting Address
Destination Address
198 Montauk Ave, New London, CT

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