119 Lincoln Avenue New London, CT $ 949,900
119 Lincoln Avenue
$ 949,900
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119 Lincoln Avenue

New London, CT, 06320
$ 949,900
Bedrooms6 Baths6.0 Sq 4,134

Monthly Estimate*

$ 5,998

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Multi-Family Home for sale in New London, CT

for $949,900 with 6 bedrooms and 6 full baths. This 4,134 square foot home was built in 1975 on a lot size of 0.3.

What if your next investment started generating income on day one? Welcome to 119-121 Lincoln Avenue, a turnkey six-unit property offering immediate income without the burden of renovations or establishing occupancy. All six one-bedroom units have been renovated and are fully occupied, allowing the next owner to step into an established, income-producing asset from day one. Each unit includes a dedicated off-street parking space, while tenants also enjoy access to a shared deck and spacious backyard. Conveniently located near Electric Boat, the Naval Submarine Base, casinos, hospitals, and other major regional employers, the property is well positioned within New London's growing rental market. The work has been completed, the tenants are in place, and the income is already flowing. Current gross annual income and operating expenses are available upon request. Six renovated units. One turnkey investment. A compelling opportunity in thriving New London, Connecticut.

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Multi-Family Active

Price

$ 949,900

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,593

Style

Lot Size

0.3

Year Built

1975

Town/City

New London

MLS | Web ID

24203018

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 0.3
Directions GPS Friendly
High School New London
City New London
Elementary School Per Board of Ed
Sq Ft Total 4134
DOM 0
Year Built 1975
Style Other
Year Built Source Public Records
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Interior
Cooling System Window Unit
Total Number of Units 6
Total Rooms 18
Basement Description None
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Exterior
Water Source Public Water Connected
Lot Description Corner Lot Level Lot
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* Excluded Features
List By
Valerie Levin

Listing Agent

Century 21 Shutters & Sails

Broker

valerielevinrealestate@gmail.com

Email

Affordability Calculator

$6,631
Per Month
90%
10%
0%
Monthly Principal & Interest
$5,998
Monthly Property Taxes
$633
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
9/7/2026$949,900 Listed Price

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119 Lincoln Avenue, New London, CT, 06320 is a Multi-Family Home for sale at $949,900 with 4,134 sqft and a lot size of 0.3. 119 Lincoln Avenue has 6 bedrooms, 6.0 baths, and was built in 1975. The property's zip code is 06320 which is in New London, CT