198 Montauk Avenue
New London, CT 06320
5
Bed
3
Bath
2,369Sqft
0.17Acre(Lot)
Beatuful 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
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, Walk-Out Access, Storage Space, Concrete -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Electric Water Heater Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Electric, Baseboard Cooling: None
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Building Information
Year Built: 1890 Building Area Total: 2369 Construction Materials: Vinyl Siding, Frame Private Pool: No View: Water -
Exterior Features
Exterior Features: Balcony
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Lot Information
Lot Size Acres: 0.17 Lot Description: Level
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Listing Price Information
Listing Price: $715000
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Tax Information
Parcel Number: 1998707 Annual Tax: $6024
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Parking Information
Parking Total: 12 Unassigned, Paved, Parking Lot
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School Information
Elementary School: Per Board of EdJunior High School:Senior High School: Per Board of Ed -
Location Information
Direction: Willets to Montauk 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 | 12,470 SqFt |
| 147 Bank Street, New London, CT, 06320 | $1,350,000 | 3 | 3 | 8,701 | 8,701 SqFt |
| 35 Union Street, New London, CT, 06320 | $13,000,000 | 61 | 81 | 75,075 | 75,075 SqFt |
| 82 Maple Avenue, New London, CT, 06320 | $1,700,000 | 20 | 12 | 8,732 | 8,732 SqFt |
| 20 Reed Street, New London, CT, 06320 | $325,000 | 5 | 3 | 3,134 | 3,134 SqFt |
| 77 Truman Street, New London, CT, 06320 | $480,000 | 2 | 4 | 3,410 | 3,410 SqFt |
| 144 Montauk Avenue, New London, CT, 06320 | $650,000 | 8 | 4 | 3,309 | 3,309 SqFt |
| 35 Moore Avenue, New London, CT, 06320 | $479,900 | 6 | 3 | 2,420 | 2,420 SqFt |
| 89 Hempstead Street, New London, CT, 06320 | $339,900 | 3 | 2 | 1,330 | 1,330 SqFt |
| 71 Blackhall Street, New London, CT, 06320 | $369,900 | 4 | 3 | 1,564 | 1,564 SqFt |
Similar Multifamily To 198 Montauk Avenue
Nearby For Sale
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ByOwner last updated this listing 08/31/2026 @ 00:08
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