190 Montauk Avenue New London, CT $ 655,000
190 Montauk Avenue
$ 655,000
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190 Montauk Avenue

New London, CT, 06320
$ 655,000
Bedrooms5 Baths3.0 Sq 3,018

Monthly Estimate*

$ 4,033

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Multi-Family Home for sale in New London, CT

for $655,000 with 5 bedrooms and 3 full baths. This 3,018 square foot home was built in 1897 on a lot size of 0.21.

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.

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Multi-Family Contingent

Price

$ 655,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,813

Style

Lot Size

0.21

Year Built

1897

Town/City

New London

MLS | Web ID

24146137

Features
General
Zoning R-2
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Under Contract - Continue to Show
Acres 0.21
Directions Willets Ave to Montauk
High School Per Board of Ed
City New London
Elementary School Per Board of Ed
Sq Ft Total 3018
DOM 43
Year Built 1897
Style Units on different Floors
Year Built Source Public Records
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Interior
Cooling System Ceiling Fans
Total Number of Units 3
Total Rooms 15
Basement Description Full
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Exterior
Water Source Public Water Connected
Lot Description Secluded Corner Lot Treed Level Lot Water View
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* Excluded Features
List By
Ferdinand Giacinto

Listing Agent

Re/Max On The Bay

Broker

fjgiacinto@gmail.com

Email

Affordability Calculator

$4,517
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,033
Monthly Property Taxes
$484
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
1/3/2026$655,000 Listed Price

Map


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190 Montauk Avenue, New London, CT, 06320 is a Multi-Family Home for sale at $655,000 with 3,018 sqft and a lot size of 0.21. 190 Montauk Avenue has 5 bedrooms, 3.0 baths, and was built in 1897. The property's zip code is 06320 which is in New London, CT