60 Ocean Avenue, New London, CT 06320
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
60 Ocean Avenue,New London, CT 06320
$350,000
- 4 Beds
- 3 Baths
- 1,911 sq. ft.
- Multi-family
- Pending
Listed by: chaz koch(860) 575-4962
Office: william raveis real estate
MLS#:24158716
Source:CT
Price summary
- Price:$350,000
- Price per sq. ft.:$183.15
About this home
A solid income-producing opportunity in the heart of New London. This well-maintained two-unit multifamily, built in 1900, offers nearly 1,900 square feet of living space across two separately occupied units with meaningful upside potential. The first-floor unit features a long-term, stable tenant on a month-to-month lease at below-market rent, presenting an immediate opportunity to increase cash flow through a lease renewal at current market values. The second-floor unit is leased through October 2026, providing short-term income certainty while you plan your next move. Both units offer spacious layouts, updated kitchens, and generous storage, including a finished walk-up attic. Situated in the Ocean Beach neighborhood, the property sits within walking distance of Ocean Beach Park, Mitchell College, Lawrence and Memorial Hospital, Downtown New London's Bank Street dining and shopping corridor, and the Cross Sound Ferry. Off-street parking and on-site laundry add everyday convenience for tenants. Whether you're a seasoned investor looking to optimize an existing portfolio or just ready to step into immediate cash flow, 60 Ocean Ave checks the boxes. With below-market rents on the first floor and a fixed lease in place upstairs, this property is positioned to grow....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:24158716
- Added:16 day(s) ago
- Updated:March 23, 2026 at 09:43 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:7
- Basement Description:Full Basement, Unfinished
- Living area:1,911 sq. ft.
Heating and cooling
- Cooling:Split System, Wall Unit
- Heating:Steam
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:1,911 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Level Lot
- Construction Materials:Asbestos
- Exterior Features:Porch
Schools
- High school:New London
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$183.15
- Tax amount:$3,550 (July 2025-June 2026)
Features and amenities
- Amenities:Basketball Court, Commuter Bus, Golf Course, Playground/Tot Lot, Public Rec Facilities, Public Transportation, Shopping/Mall
Parking
- Total parking spaces:4
- Parking description:Detached Garage, Driveway, Private
- Garage:Yes
New listings near 60 Ocean Avenue
- Open Sat, 11am to 1pmNew
$360,000Active4 beds 3 baths1,989 sq. ft.36 Westridge Road, New London, CT 06320
MLS# 24162938Listed by: Our Home Realty Advisors - New
$1,355,000Active3 beds 4 baths1,941 sq. ft.27 Jerome Road, New London, CT 06320
MLS# 24162618Listed by: Berkshire Hathaway NE Prop. - New
$285,000Active5 beds 3 baths2,904 sq. ft.119 Jefferson Avenue, New London, CT 06320
MLS# 24158616Listed by: Real Broker CT, LLC - Coming Soon
$350,000Coming Soon3 beds 2 baths400 Bank Street #104, New London, CT 06320
MLS# 24161793Listed by: RE/MAX on the Bay
$339,000Pending2 beds 3 baths1,760 sq. ft.Address Withheld By Seller, New London, CT 06320
MLS# 24161556Listed by: Century 21 AllPoints Realty
$1,950,000Active5 beds -- baths7,668 sq. ft.53-55 Bank Street, New London, CT 06320
MLS# 24157233Listed by: U.S. Properties Real Estate Services, LLC
$350,000Active4 beds 2 baths2,088 sq. ft.72 Brainard Street, New London, CT 06320
MLS# 24158930Listed by: Compass Connecticut, LLC
$1,500,000Active3 beds 3 baths8,701 sq. ft.147 Bank Street, New London, CT 06320
MLS# 24159494Listed by: U.S. Properties Real Estate Services, LLC
$2,450,000Active6 beds 6 baths12,470 sq. ft.153 Bank Street, New London, CT 06320
MLS# 24159459Listed by: U.S. Properties Real Estate Services, LLC