119 Jefferson Avenue, New London, CT 06320

New London
Local realty services provided by:Better Homes and Gardens Real Estate Executive Real Estate
119 Jefferson Avenue,New London, CT 06320
$285,000
  • 5 Beds
  • 3 Baths
  • 2,904 sq. ft.
  • Multi-family
  • Pending
Listed by: oriel hayer(860) 237-6545
Office: real broker ct, llc(860) 884-9511
MLS#:24158616
Source:CT

Price summary

  • Price:$285,000
  • Price per sq. ft.:$98.14

About this home

***Highest & Best Due by Wednesday 1pm!***Attention investors and contractors! Value-add 3-family opportunity located at 119 Jefferson Avenue with strong income potential and immediate cash flow. All three units are currently occupied with month-to-month tenants, offering flexibility for rent increases or future renovations. Current rents total approximately $3,700+ per month, with upside potential once improvements are completed. Property features a solid multi-unit layout and includes a huge driveway with ample off-street parking plus a detached one-car garage-a rare and valuable feature for tenants. Property requires significant updates, including heating system installation, siding replacement, roof evaluation, and cosmetic improvements throughout. Being sold strictly as-is. Ideal for cash buyers or rehab loan financing. This is a prime opportunity to reposition an income-producing asset in New London's active multifamily market. With the right renovations, this property offers...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1890
  • Listing ID #:24158616
  • Added:96 day(s) ago
  • Updated:June 29, 2026 at 07:38 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:14
  • Basement Description:Full Basement, Full With Walk-Out, Partial
  • Living area:2,904 sq. ft.

Heating and cooling

  • Heating:Gravity Warm Air, Wall Unit

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1890
  • Building area:2,904 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Sloping Lot
  • Exterior Features:Balcony, Deck

Schools

  • High school:New London
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$285,000
  • Price per sq. ft.:$98.14
  • Tax amount:$3,862 (July 2025-June 2026)

Features and amenities

  • Amenities:Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines

Parking

  • Parking description:Detached Garage
  • Garage:Yes
  • Garage spaces:1
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. CT Member Broker: Amy Rio

New listings near 119 Jefferson Avenue