Turnkey, Well-maintained, Nicely Updated, three-unit multifamily

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Home For Sale

190 Montauk Avenue

New London, Connecticut 06320

New London County

Community: 

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$655,000 5 br, 3.0 bath 3018 sq. ft. 0.210 acres

Turnkey, Well-maintained, Nicely Updated, three-unit multifamily offering. Here is an Income Producing property with favorable rental income and long-term stability in a proven rental market. New London's high-demand rental market is supported by major local employers and Navy Personnel needs including Electric Boat, Mitchell College, Connecticut College, Lawrence + Memorial Hospital, and the nearby Naval Submarine Base New London. This investment provides favorable market rents with potential for Value-Add opportunities. The properties systems and layouts support continued operation with No Need for immediate improvements, making this an excellent option for investors seeking a straightforward, income-producing asset. Prime Location, Minutes from Electric Boat, Sub Base, and other major employers ensuring optimal prospects for always be occupied. This location is convenient to Great Restaurants, Shops, Theater, Library, Music Venues, Fitness Training, Health Care and Much More. Walkable and/or a Short Ride to other Restaurants, Shopping, Healthcare, Entertainment, Major Employers, Beaches, Boating, Schools, Casinos, and much more. It is Conveniently Situated 5 Minutes to Groton, 15 minutes to Niantic, 20 minutes to Mystic, 30 minutes to the Rhode Island border, and about an hour to Hartford. New London's central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Sea transportation, and less than an hour to Major Airports.

Interior:
  • Bedrooms: 5
  • Baths: 3.0
  • Sq Ft: 3018
  • Year Built: 1897
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 
  • Heat/AC: Baseboard, Steam
  • Garage: 
Exterior:
  • Lot Size: 0.210 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $5,813
  • MLS #: 24146137
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Contact Information:
Beach Home For Sale in New London, Connecticut
Listing Agent: Ferdinand Giacinto, RE/MAX ON THE BAY, 860-912-0694, 860-739-0888 Listing Site, Listing Status: Active
Copyright © 2025 SmartMLS, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7069592
Viewed 25 times.
Updated: Jan 06, 2026

This property is a Home located at 190 Montauk Avenue, New London, Connecticut 06320, and is currently For Sale at $655,000. This Home has 5 bedrooms, 3.0 baths, 3018 sq ft.