198 Montauk Avenue, New London, CT 06320
Local realty services provided by:ERA Insite Realty Services
198 Montauk Avenue,New London, CT 06320
$715,000
- 5 Beds
- 3 Baths
- 2,369 sq. ft.
- Multi-family
- Active
Listed by: ferdinand giacinto, dawn field(860) 912-0694
Office: re/max on the bay(860) 739-0888
MLS#:24202473
Source:CT
Price summary
- Price:$715,000
- Price per sq. ft.:$301.82
About this home
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 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 Opportunity....
Contact an agent
Home facts
- Year built:1890
- Listing ID #:24202473
- Added:9 day(s) ago
- Updated:September 07, 2026 at 11:51 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
- Sewer:Public Sewer Connected
Finances and disclosures
- Price:$715,000
- Price per sq. ft.:$301.82
- Tax amount:$6,024 (July 2026-June 2027)
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
New listings near 198 Montauk Avenue
- New
$315,000Active2 beds 2 baths1,238 sq. ft.80 Oneco Avenue, New London, CT 06320
MLS# 24204362Listed by: William Raveis Real Estate - New
$240,000Active4 beds 1 baths1,080 sq. ft.387 Jefferson Avenue, New London, CT 06320
MLS# 24203870Listed by: RE/MAX Legends - New
$350,000Active3 beds 2 baths1,903 sq. ft.762 Ocean Avenue, New London, CT 06320
MLS# 24203862Listed by: RE/MAX Legends - New
$250,000Active3 beds 2 baths1,442 sq. ft.377 Jefferson Avenue, New London, CT 06320
MLS# 24203867Listed by: RE/MAX Legends - New
$240,000Active3 beds 1 baths960 sq. ft.373 Jefferson Avenue, New London, CT 06320
MLS# 24203868Listed by: RE/MAX Legends - New
$375,000Active6 beds 2 baths2,004 sq. ft.14 Blackhall Street, New London, CT 06320
MLS# 24202771Listed by: Coldwell Banker Realty - New
$699,900Active4 beds 2 baths2,339 sq. ft.1092 Ocean Avenue, New London, CT 06320
MLS# 24202879Listed by: RE/MAX One
$275,000Pending3 beds 2 baths1,540 sq. ft.49 Cole Street, New London, CT 06320
MLS# 24192269Listed by: RE/MAX Legends
$1,700,000Active20 beds 12 baths8,732 sq. ft.82 Maple Avenue, New London, CT 06320
MLS# 24198075Listed by: Century 21 AllPoints Realty