109 Montauk Avenue New London, CT $ 250,000
109 Montauk Avenue
$ 250,000
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109 Montauk Avenue

New London, CT, 06320
$ 250,000
Bedrooms4 Baths2.0 Sq 3,034

Monthly Estimate*

$ 1,539

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Multi-Family Home for sale in New London, CT

for $250,000 with 4 bedrooms and 2 full baths. This 3,034 square foot home was built in 1900 on a lot size of 0.11.

***Investor Special*** 2-Family Near Major Employers & Beaches! Opportunity knocks with this 2-family home ready for renovation and strong rental potential. Ideal for investors or contractors seeking a value-add multifamily property in a prime coastal Connecticut location. 1st Floor Unit (2 Bed / 1 Bath):Spacious layout featuring a large entry, living room, and formal dining room. Tall ceilings and abundant natural light create an open feel. Recently painted with new kitchen cabinets, countertops, and updated bathroom. Hardwood floors have been sanded and are ready for finishing. Kitchen flooring needs installation. 2nd Floor Unit:Fully gutted and ready for customization. Some sheetrock completed, with remaining walls open to studs. Kitchen and bathroom removed-bring your vision and design to maximize ARV and rental income. Both units feature steam heat with separate boilers. Prime location Close to local parks and big employers: less than a mile from Fort Trumbull State Park, 3 miles from Ocean Beach, 4 miles to Harkness Park, 6 miles from Electric Boat Groton, 11 miles to Mohegan Sun, 16 miles to Foxwoods, 8 miles to Pfizer Groton and less than a mile to Lawrence & Memorial Hospital. Strong upside potential for flip, BRRRR, or long-term rental portfolio addition. On street parking only! Cash or Hard Money, Sold as-is. Electric is on in second story and basement. no water or heat. Pipe burst in Basement seller plans to have fixed per disclosures.

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Multi-Family Active

Price

$ 250,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,849

Style

Lot Size

0.11

Year Built

1900

Town/City

New London

MLS | Web ID

24156678

Features
General
Zoning R-2
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.11
Directions Bank st left on Montauk. Home on the right. On street parking only!
High School New London
City New London
Elementary School Per Board of Ed
Sq Ft Total 3034
DOM 0
Year Built 1900
Style Units on different Floors
Year Built Source Public Records
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Interior
Cooling System None
Total Number of Units 2
Total Rooms 10
Basement Description Full
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Exterior
Water Source Public Water Connected
Lot Description Level Lot
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* Excluded Features
List By
Tina Luft

Listing Agent

Kazantzis Real Estate, Llc

Broker

TinaLuftRealtor@gmail.com

Email

Affordability Calculator

$1,860
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$321
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
3041718 Elementary School
3796628 Middle School
New London High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2026$250,000 Listed Price

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109 Montauk Avenue, New London, CT, 06320 is a Multi-Family Home for sale at $250,000 with 3,034 sqft and a lot size of 0.11. 109 Montauk Avenue has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 06320 which is in New London, CT