198 Montauk Avenue, New London, CT 06320

New London
Local realty services provided by:Better Homes and Gardens Real Estate Executive Real Estate
198 Montauk Avenue,New London, CT 06320
$685,000
  • 5 Beds
  • 3 Baths
  • 2,369 sq. ft.
  • Multi-family
  • Active
Listed by: ferdinand giacinto, dawn field(860) 912-0694
Office: re/max on the bay(860) 739-0888
MLS#:24146139
Source:CT

Price summary

  • Price:$685,000
  • Price per sq. ft.:$289.15

About this home

Turnkey Investment Opportunity. Here is a Fully Renovated Three-Family turn-key triple-income asset in a bustling and high growth area with thriving local commerce. This property has been completely reimagined with quality updates and finishes, offering a seamless blend of income and nothing further to do with long-term financial stability. Renovations include Brand New Kitchens & Baths, Updated Mechanicals across all three units with plenty of off-street parking and laundry facilities on premise. This investment is optimized for favorable market rents with separate utilities to keep overhead low. Low Maintenance because it's been modernized from top to bottom, minimizing future capital expenditures. Prime Location, Minutes from Electric Boat Sub Base and other major employers to ensure it will always be occupied. This location is also convenient to Great Restaurants, Shops, Theater, Library, Music Venues, Fitness Training, Health Care and Much More. Step into this immediate Cash Flow...

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 #:24146139
  • Added:151 day(s) ago
  • Updated:June 03, 2026 at 11:36 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:14
  • Basement Description:Concrete Floor, Full Basement, Full With Walk-Out, Heated, Storage
  • Living area:2,369 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1890
  • Building area:2,369 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Level Lot, Water View
  • Construction Materials:Vinyl Siding
  • Exterior Features:Balcony, Gutters, Lighting, Sidewalk

Schools

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

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$685,000
  • Price per sq. ft.:$289.15
  • Tax amount:$6,047 (July 2025-June 2026)

Features and amenities

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

Parking

  • Total parking spaces:12
  • Parking description:Parking Lot, Paved, Unassigned Parking
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 198 Montauk Avenue