88 Riverview Avenue New London, CT $ 725,000
88 Riverview Avenue
$ 725,000
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88 Riverview Avenue

New London, CT, 06320
$ 725,000
Bedrooms6 Baths4.1 Sq 3,168

Monthly Estimate*

$ 4,578

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Multi-Family Home for sale in New London, CT

for $725,000 with 6 bedrooms and 4 full baths, 1 half bath. This 3,168 square foot home was built in 1900 on a lot size of 0.23.

Turn-key 4-family investment opportunity with all four units currently occupied by clean, established, paying tenants. This property has been well maintained and offers an investor the opportunity to step into an income-producing property from day one. Situated on a beautiful corner lot and conveniently located near Electric Boat, the Naval Submarine Base, Lawrence + Memorial Hospital, shopping, highways, and other major area employers, this is a location that continues to benefit from strong rental demand. Tenants pay their own heat, hot water, and electricity, helping keep owner expenses down. On-site coin-operated laundry provides an additional source of income. With all four units rented and major employers nearby, this property offers a solid opportunity for an investor looking to add an established multi-family to their portfolio. Conveniently situated 10 minutes from Niantic & Groton, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports. No trespassing. PLEASE DO NOT ENTER OR WALK THE PROPERTY WITHOUT A SCHEDULED APPOINTMENT. Property is fully occupied.

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Multi-Family Active

Price

$ 725,000

Bedrooms

6

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,358

Style

Lot Size

0.23

Year Built

1900

Town/City

New London

MLS | Web ID

24202717

Features
General
Zoning R-2
Neighborhood N/A
County New London
Tax Year July 2026-June 2027
Property Type Multi-Family For Sale
Status Active
Acres 0.23
Directions Willets Ave to Riverview Ave
High School New London
City New London
Elementary School Per Board of Ed
Sq Ft Total 3168
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 4
Total Rooms 18
Basement Description Full Unfinished Storage Walk-out Concrete Floor
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Exterior
Water Source Public Water Connected
Lot Description Corner Lot Level Lot Sloping Lot
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* Excluded Features
List By
Ferdinand Giacinto

Listing Agent

Re/Max On The Bay

Broker

fjgiacinto@gmail.com

Email

Affordability Calculator

$5,024
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,578
Monthly Property Taxes
$447
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/22/2026$725,000 Listed Price

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88 Riverview Avenue, New London, CT, 06320 is a Multi-Family Home for sale at $725,000 with 3,168 sqft and a lot size of 0.23. 88 Riverview Avenue has 6 bedrooms, 4.1 baths, and was built in 1900. The property's zip code is 06320 which is in New London, CT