198 Montauk Avenue

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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Photo Gallery

198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue
198 Montauk Avenue

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

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.