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    190 Montauk Ave New London, CT 06320

    Sponsored
    For Sale
    $655,000

    Units On Different Floors, 3 Family - New London, CT

    Property size:
    3,018 SF
    Lot size:
    0.21 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 190 Montauk Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    3
    APN
    1998709
    Fireplace
    1
    Basement Y/N
    1
    Size
    3,018 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Baseboard, Fireplace(s), Natural Gas, Steam
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1897
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX ON THE BAY (860) 739-0888 [email protected]

    Listing agent Ferdinand Giacinto (860) 739-0888

    Listing date Jan 4, 2026

    MLS# 24146137 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Multifamily in New London

    This turnkey, well-maintained, and nicely updated three-unit multifamily property is located in New London, Connecticut. The income-producing property offers favorable rental income and long-term stability within a proven rental market. The high-demand rental market in New London is supported by major local employers and Navy personnel needs, including Electric Boat, Mitchell College, Connecticut College, Lawrence + Memorial Hospital, and the nearby Naval Submarine Base New London. This investment provides favorable market rents with potential for value-add opportunities. The property's systems and layouts support continued operation with no need for immediate improvements. The location is convenient to restaurants, shops, theater, library, music venues, fitness training, and healthcare. It is walkable and/or a short ride to other restaurants, shopping, healthcare, entertainment, major employers, beaches, boating, schools, and casinos. Situated 5 minutes to Groton, 15 minutes to Niantic, 20 minutes to Mystic, 30 minutes to the Rhode Island border, and about an hour to Hartford. New London's central CT shoreline location is midway between New York and Boston, offering easy access to land, rail, and sea transportation, and less than an hour to major airports. The property has a lot size of 0.21 acres and a property size of 3018 square feet. The zoning is R-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    State
    Connecticut
    Longitude
    -72.10505
    Latitude
    41.34257

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    FAQs

    What type of property is this?
    Triplex - Well-maintained, updated three-unit multifamily property in New London, Connecticut.
    Where is this triplex located?
    The property is located at 190 Montauk Ave New London, CT.
    What is the asking price?
    The asking price for this property is $655,000.
    What are key features of this property?
    This property features: - Turnkey, income-producing three-unit multifamily property in a high-demand rental market.; - Prime location near major employers (Electric Boat, Naval Submarine Base New London) and amenities.; - Favorable market rents with potential for value-add opportunities.
    (860) 739-0888
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    190 Montauk Ave New London, CT 06320
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    New London, CT 06320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    190 Montauk Ave New London, CT 06320
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