$655,000

190 Montauk Avenue, New London, CT 06320

  • 5 beds |
  • 3 baths |
  • 3,018 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1897
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $217/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
January 3, 2026
Data Last Updated:
February 10, 2026 at 4:50AM
Listing Office:
RE/MAX on the Bay : (860) 739-0888
Listing Agent:
Ferdinand Giacinto : (860) 912-0694
MLS ID:
24146137
  • Laundry: Washer/Dryer All Units
  • Basement: Full
  • A/C: Ceiling Fans
  • Heating: BaseboardSteamNatural Gas
  • Fireplace: Fireplaces: 1
  • Style: Units on different Floors
  • Parking: Parking spaces: 10
  • Roofing: Asphalt Shingle
  • County: New London
  • Zoning: R-21998709
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Ferdinand Giacinto , RE/MAX on the Bay

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Harbor Elementary School

432 Montauk Ave, New London, CT, 06320

Grades PK-5

0.54 miles away

N

New London Visual & Performing Arts Magnet School

36 Waller St, New London, CT, 06320

Grades 6-11

1.09 miles away

N

New London Visual & Performing Arts Magnet School

36 Waller St, New London, CT, 06320

Grades 6-11

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.