119 Jefferson Avenue
New London, CT 06320
5
Bed
3
Bath
1,936Sqft
0.24Acre(Lot)
***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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 14 Has Basement: Yes Basement: Full, Partial, Walk-Out Access -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Gravity Cooling: None
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Building Information
Year Built: 1890 Building Area Total: 2904 Construction Materials: Frame, Other Patio And Porch Features: Deck Private Pool: No -
Exterior Features
Exterior Features: Balcony
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Lot Information
Lot Size Acres: 0.24 Lot Description: Sloped
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Listing Price Information
Listing Price: $285000
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Tax Information
Parcel Number: 2000464 Annual Tax: $3862
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Garage Information
Has Garage: Yes Garage Space: 1
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School Information
Elementary School: Per Board of EdJunior High School:Senior High School: New London -
Location Information
Direction: I-95 to Exit 82; from NB turn R onto Broad St, from SB turn L onto Broad St; proceed ~0.3 mi, turn R onto Jefferson Ave; property on right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 53-55 Bank Street, New London, CT, 06320 | $1,625,000 | 5 | -- | 7,668 | 7,668 SqFt |
| 153 Bank Street, New London, CT, 06320 | $1,725,000 | 6 | 6 | 12,470 | 12,470 SqFt |
| 147 Bank Street, New London, CT, 06320 | $1,350,000 | 3 | 3 | 8,701 | 8,701 SqFt |
| 96 Blinman Street, New London, CT, 06320 | $350,000 | 4 | 2 | 2,346 | 2,346 SqFt |
| 198 Montauk Avenue, New London, CT, 06320 | $685,000 | 5 | 3 | 2,369 | 2,369 SqFt |
| 144 Montauk Avenue, New London, CT, 06320 | $675,000 | 8 | 4 | 3,309 | 3,309 SqFt |
| 89 Hempstead Street, New London, CT, 06320 | $350,000 | 3 | 2 | 1,330 | 1,330 SqFt |
| 60 Ocean Avenue, New London, CT, 06320 | $350,000 | 4 | 3 | 1,911 | 1,911 SqFt |
| 71 Blackhall Street, New London, CT, 06320 | $349,900 | 4 | 3 | 1,564 | 1,564 SqFt |
| 6 Williams Street, New London, CT, 06320 | $400,000 | 6 | 2 | 2,200 | 2,200 SqFt |
Similar Multifamily To 119 Jefferson Avenue
Nearby For Sale
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
ByOwner last updated this listing 06/20/2026 @ 18:33
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