28 Ocean Avenue, New London, CT 06320

New London
Local realty services provided by:Better Homes and Gardens Real Estate Executive Real Estate
28 Ocean Avenue,New London, CT 06320
$499,000
  • 7 Beds
  • 3 Baths
  • 2,170 sq. ft.
  • Multi-family
  • Active
Listed by: chaz koch, brooke buroughs(860) 575-4962
Office: william raveis real estate(203) 453-0391
MLS#:24205317
Source:CT

Price summary

  • Price:$499,000
  • Price per sq. ft.:$229.95

About this home

Turnkey 2-family investment in New London - currently tenant-occupied and cash-flowing from day one. This 1883-built property offers 2,170 sq ft across two units with 4 bedrooms and 3 full baths total, each unit featuring an updated kitchen with stainless steel appliances and its own layout for easy tenant turnover. Low annual taxes (approx. $3,574) and efficient natural gas forced hot water heat keep operating costs down, while off-street parking adds tenant appeal in a dense coastal neighborhood. Set minutes from New London's waterfront, marinas, downtown shops and restaurants, Amtrak/Shore Line East rail, and major regional employers including the Naval Submarine Base and U.S. Coast Guard Academy - a location that consistently drives strong, steady rental demand. Outdoor space includes a fenced, tree-shaded backyard and deck, adding value beyond the units themselves. Whether you're expanding a rental portfolio or purchasing as an owner-occupant to offset your mortgage with in-place...

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Home facts

  • Year built:1883
  • Listing ID #:24205317
  • Added:53 day(s) ago
  • Updated:November 07, 2026 at 01:04 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:11
  • Basement Description:Full Basement, Full With Hatchway, Unfinished
  • Living area:2,170 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1883
  • Building area:2,170 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Level Lot
  • Construction Materials:Vinyl Siding

Schools

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

Utilities

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

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$229.95
  • Tax amount:$3,574 (July 2026-June 2027)
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