198 Montauk Avenue New London, CT 06320
- Added:
- Jan 2, 2026
- Days on Market:
- 90
- Last Refresh:
- Apr 2 at 11:06 pm
Property Features for 198 Montauk Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1
- Parking
- 12
- Exterior features
- Balcony,Sidewalk,Gutters,Lighting
- Basement
- Full, Concrete
- Standard status
- Active Under Contract
- Size
- 2,369 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- TaxYear
- 2026
- TaxAnnualAmount
- 6047
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1890
Listing agent Ferdinand Giacinto License #RES.0257400 (860) 912-0694
Listing office RE/MAX on the Bay 61 Pennsylvania Avenue, Niantic, CT (860) 739-0888
Listing date Jan 2, 2026
MLS# 24146139
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 Three-Family Income Property
This is a fully renovated three-family property, offering a triple-income stream in a bustling and high-growth area with thriving local commerce. The property has been completely reimagined with quality updates and finishes, offering a blend of income and long-term financial stability. Renovations include new kitchens and baths, and updated mechanicals across all three units. There is off-street parking and laundry facilities on the premises. The investment is optimized for favorable market rents with separate utilities to keep overhead low. The property has been modernized from top to bottom, minimizing future capital expenditures. The location is minutes from Electric Boat Sub Base and other major employers. The location is also convenient to restaurants, shops, theater, library, music venues, fitness training, and health care. The property is a cash flow opportunity. The property is zoned R-2 and has a lot size of 0.17 acres. The property size is 2369 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- New London
- County
- State
- Connecticut
- Longitude
- -72.10487
- Latitude
- 41.34231
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Fully renovated, triple-income property in a high-growth area.
Where is this triplex located?
The property is located at 198 Montauk Avenue New London, CT.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Fully renovated, turnkey three‑family property providing immediate cash flow.; Prime location near Electric Boat Sub Base and other major employers, ensuring high occupancy.; New kitchens and baths, updated mechanicals, and low‑maintenance design minimizing future expenses.
