119 Jefferson Avenue, New London, CT 06320

New London
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
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...

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Home facts

  • Year built:1890
  • Listing ID #:24158616
  • Added:50 day(s) ago
  • Updated:May 14, 2026 at 07:25 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

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
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