198 Montauk Avenue

New London, CT 06320 Directions
$685,000
  • 5Bed
  • 3Baths
  • 2,369Sqft
  • 0.17Acres
  • 1890Built
  • $289Price/Sqft

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 19
  • MLS: 24146139
  • Listing Contingent

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 19
  • MLS: 24146139
  • Listing Contingent

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...

Property Highlights

  • Style: Units on different Floors
  • Days on Market: 19
  • MLS: 24146139
  • Listing Contingent

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.

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.

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  • Additional Information
    • Acres: 0.17
    • Basement Description: Full, Heated, Storage, Concrete Floor, Full With Walk-Out
    • Garage: Paved, Parking Lot, Unassigned Parking
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Living Area SqFt: 2,369
    • Property Tax: $6,047
    • Sewer: Public Sewer Connected
    • Style: Units on different Floors
    • Tax Amount: $6,047
    • Unit Count: 3
    • Year Built: 1890
    • Year Built Details: Public Records
    • Zoning: R-2
  • Amenities
    • Library
    • Medical Facilities
    • Park
    • Public Rec Facilities
    • Public Transportation
    • Shopping/Mall
    • Walk to Bus Lines
  • Interior Features
    • Beds: 5
    • Full Baths: 3
    • Furnace Type: Electric
    • Heat: Electric
    • Heat Fuel: Electric
    • Hot Water: Electric, Upright Tank
    • Laundry Room: Coin Op Laundry
    • Laundry Room Access: Basement
    • Rooms: 14
    • Total Baths: 3
  • Exterior Features
    • Exterior Features: Balcony,Sidewalk,Gutters,Lighting
    • Exterior Siding: Vinyl Siding
    • Roof: Asphalt Shingle

Listing Courtesy of Ferdinand Giacinto of RE/MAX on the Bay.

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