198 Montauk Avenue, New London, CT 06320

New London
Local realty services provided by:ERA Key Realty Services
198 Montauk Avenue,New London, CT 06320
$685,000
  • 5 Beds
  • 3 Baths
  • 2,369 sq. ft.
  • Multi-family
  • Pending
Listed by: ferdinand giacinto, dawn field(860) 912-0694
Office: re/max on the bay
MLS#:24146139
Source:CT

Price summary

  • Price:$685,000
  • Price per sq. ft.:$289.15

About this home

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...

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Home facts

  • Year built:1890
  • Listing ID #:24146139
  • Added:82 day(s) ago
  • Updated:March 19, 2026 at 11:26 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:14
  • Basement Description:Concrete Floor, Full Basement, Full With Walk-Out, Heated, Storage
  • Living area:2,369 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1890
  • Building area:2,369 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Level Lot, Water View
  • Construction Materials:Vinyl Siding
  • Exterior Features:Balcony, Gutters, Lighting, Sidewalk

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$685,000
  • Price per sq. ft.:$289.15
  • Tax amount:$6,047 (July 2025-June 2026)

Features and amenities

  • Amenities:Library, Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines

Parking

  • Total parking spaces:12
  • Parking description:Parking Lot, Paved, Unassigned Parking
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