multifamily
198 Montauk Avenue
New London, Connecticut 6320
Price
$715,000
Price/SF
$301.82/SF
Building Size
2,369 SF
Lot Size
0.17 acres
Year Built
1890
Units
3
Property Description
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.
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Additional Details
Zoning
R-2
MLS Number
24202473
Property ID
f27e9f94-4aee-4bd1-bf3f-098bec0e316d
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MLS Information
MLS#: 24202473
Listed by: RE/MAX on the Bay
Agent: Ferdinand Giacinto • (860) 912-0694 • fjgiacinto@gmail.com
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