Turnkey Investment Opportunity. Here is a Fully Renovated

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Home Active Under Contract

198 Montauk Avenue

New London, Connecticut 06320

New London County

Community: 

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$685,000 5 br, 3.0 bath 2369 sq. ft. 0.170 acres

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.

Interior:
  • Bedrooms: 5
  • Baths: 3.0
  • Sq Ft: 2369
  • Year Built: 1890
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Baseboard
  • Garage: 
Exterior:
  • Lot Size: 0.170 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $6,047
  • MLS #: 24146139
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Contact Information:
Beach Home Active Under Contract in New London, Connecticut
Listing Agent: Ferdinand Giacinto, RE/MAX ON THE BAY, 860-912-0694, 860-739-0888 Listing Site, Listing Status: Active Under Contract
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: 7069593
Viewed 46 times.
Updated: Feb 04, 2026

This property is a Home located at 198 Montauk Avenue, New London, Connecticut 06320, and is currently Active Under Contract at $685,000. This Home has 5 bedrooms, 3.0 baths, 2369 sq ft.