119 Lincoln Avenue
New London, CT 06320
6
Bed
6
Bath
4,134Sqft
0.30Acre(Lot)
What if your next investment started generating income on day one? Welcome to 119-121 Lincoln Avenue, a turnkey six-unit property offering immediate income without the burden of renovations or establishing occupancy. All six one-bedroom units have been renovated and are fully occupied, allowing the next owner to step into an established, income-producing asset from day one. Each unit includes a dedicated off-street parking space, while tenants also enjoy access to a shared deck and spacious backyard. Conveniently located near Electric Boat, the Naval Submarine Base, casinos, hospitals, and other major regional employers, the property is well positioned within New London's growing rental market. The work has been completed, the tenants are in place, and the income is already flowing. Curren
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 6 Full Baths: 6Room Information
Rooms Total: 18 Basement: None -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt -
Heating & Cooling
Has Heating: Yes Heating: Oil, Baseboard, Hot Water Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1975 Building Area Total: 4134 Construction Materials: Frame, Other Patio And Porch Features: Deck Private Pool: No
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Lot Information
Lot Size Acres: 0.3 Lot Description: Corner Lot, Level
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Listing Price Information
Listing Price: $949900
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Tax Information
Parcel Number: 2000989 Annual Tax: $7593
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Parking Information
Parking Total: 6 Off Street
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School Information
Elementary School: Per Board of EdJunior High School: Per Board of EdSenior High School: New London -
Location Information
Direction: GPS Friendly WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 153 Bank Street, New London, CT, 06320 | $1,725,000 | 6 | 6 | 12,470 | 0.18 Acre |
| 147 Bank Street, New London, CT, 06320 | $1,350,000 | 3 | 3 | 8,701 | 0.09 Acre |
| 35 Union Street, New London, CT, 06320 | $13,000,000 | 61 | 81 | 75,075 | 0.65 Acre |
| 82 Maple Avenue, New London, CT, 06320 | $1,700,000 | 20 | 12 | 8,732 | 0.34 Acre |
| 198 Montauk Avenue, New London, CT, 06320 | $715,000 | 5 | 3 | 2,369 | 0.17 Acre |
| 77 Truman Street, New London, CT, 06320 | $480,000 | 2 | 4 | 3,410 | 0.10 Acre |
| 144 Montauk Avenue, New London, CT, 06320 | $650,000 | 8 | 4 | 3,309 | 0.11 Acre |
| 35 Moore Avenue, New London, CT, 06320 | $479,900 | 6 | 3 | 2,420 | 0.11 Acre |
| 14 Blackhall Street, New London, CT, 06320 | $375,000 | 6 | 2 | 2,004 | 0.11 Acre |
| 89 Hempstead Street, New London, CT, 06320 | $339,900 | 3 | 2 | 1,330 | 0.06 Acre |
Similar Multifamily To 119 Lincoln 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 09/09/2026 @ 09:56
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