28 Ocean Avenue
New London, CT 06320
7
Bed
3
Bath
2,170Sqft
0.09Acre(Lot)
Turnkey 2-family investment in New London - currently tenant-occupied and cash-flowing from day one. This 1883-built property offers 2,170 sq ft across two units with 4 bedrooms and 3 full baths total, each unit featuring an updated kitchen with stainless steel appliances and its own layout for easy tenant turnover. Low annual taxes (approx. $3,574) and efficient natural gas forced hot water heat keep operating costs down, while off-street parking adds tenant appeal in a dense coastal neighborhood. Set minutes from New London's waterfront, marinas, downtown shops and restaurants, Amtrak/Shore Line East rail, and major regional employers including the Naval Submarine Base and U.S. Coast Guard Academy - a location that consistently drives strong, steady rental demand. Outdoor space includes
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 11 Has Basement: Yes Basement: Full, Unfinished -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Baseboard Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1883 Building Area Total: 2170 Construction Materials: Vinyl Siding, Frame Private Pool: No
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Lot Information
Lot Size Acres: 0.09 Lot Description: Level
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Listing Price Information
Listing Price: $525000
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Tax Information
Parcel Number: 1999438 Annual Tax: $3574
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School Information
Elementary School: Per Board of EdJunior High School:Senior High School: Per Board of Ed -
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 |
| 367 Ocean Avenue, New London, CT, 06320 | $350,000 | 5 | 2 | 2,180 | 0.20 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 |
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Nearby For Sale
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ByOwner last updated this listing 09/16/2026 @ 05:51
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