88 Riverview Avenue, New London, CT 06320

New London
Local realty services provided by:ERA Key Realty Services
88 Riverview Avenue,New London, CT 06320
$725,000
  • 6 Beds
  • 5 Baths
  • 3,168 sq. ft.
  • Multi-family
  • Active
Listed by: ferdinand giacinto, dawn field(860) 912-0694
Office: re/max on the bay(860) 739-0888
MLS#:24202717
Source:CT

Price summary

  • Price:$725,000
  • Price per sq. ft.:$228.85

About this home

Turn-key 4-family investment opportunity with all four units currently occupied by clean, established, paying tenants. This property has been well maintained and offers an investor the opportunity to step into an income-producing property from day one. Situated on a beautiful corner lot and conveniently located near Electric Boat, the Naval Submarine Base, Lawrence + Memorial Hospital, shopping, highways, and other major area employers, this is a location that continues to benefit from strong rental demand. Tenants pay their own heat, hot water, and electricity, helping keep owner expenses down. On-site coin-operated laundry provides an additional source of income. With all four units rented and major employers nearby, this property offers a solid opportunity for an investor looking to add an established multi-family to their portfolio. Conveniently situated 10 minutes from Niantic & Groton, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's...

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Home facts

  • Year built:1900
  • Listing ID #:24202717
  • Added:7 day(s) ago
  • Updated:September 30, 2026 at 12:46 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Full bathrooms:4
  • Half bathrooms:1
  • Rooms Total:18
  • Basement Description:Concrete Floor, Full Basement, Storage, Unfinished, Walk-out
  • Living area:3,168 sq. ft.

Heating and cooling

  • Heating:Steam

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1900
  • Building area:3,168 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Corner Lot, Level Lot, Sloping Lot
  • Construction Materials:Vinyl Siding

Schools

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

Utilities

  • Water:Public Water Connected
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$228.85
  • Tax amount:$5,358 (July 2026-June 2027)
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