Renovated Six-Unit Apartment
For Sale
$899,900
119 Lincoln Ave, New London, CT 06320
Fully occupied property with off-street parking and shared outdoor space.
Property Size4,134 SF
Days on Market50
Property Features for 119 Lincoln Ave
General Information
Standard status
Active
Size
4,134 SF
Property subtype
Multi Family
Occupancy
100%
Units
Unit Mix
6 x 1BR
Multifamily Units
6
Parking per Unit
1
Amenities
shared deck
backyard
Building Details
Building Size
4,134 SF
Year Built
1975
Listing Agency:
Shutters & Sails, LLC
Listed By:
Valerie Levin
(860) 980-1278
Source:
Elliman
Added: Sep 8
Changed: Oct 26
Last Checked: Oct 26 at 4:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shutters & Sails, LLC
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Investment Insights
Based on property information with market context.
Located at 119 Lincoln Ave, this 1975 apartment building contains six one-bedroom units. All apartments have been renovated and are fully occupied, with one dedicated off-street parking space assigned to each unit. Residents also have access to a shared deck and backyard.
The property is in New London, Connecticut, near Electric Boat, the Naval Submarine Base, casinos, hospitals, and other regional employers. The surrounding area records a Walk Score of 83, a BikeScore of 45, and a TransitScore of 31. Current gross annual income and operating expenses are available upon request.
The property is in New London, Connecticut, near Electric Boat, the Naval Submarine Base, casinos, hospitals, and other regional employers. The surrounding area records a Walk Score of 83, a BikeScore of 45, and a TransitScore of 31. Current gross annual income and operating expenses are available upon request.
Key Highlights
- Six one‑bedroom apartment units
- All six units renovated and fully occupied
- One dedicated off‑street parking space per unit
Property Analytics
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Lease Details
6
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
Explore this area
Business Placement
Demographics for 06320, CT
27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied property with off-street parking and shared outdoor space.
Where is this apartment building located?
The property is located at 119 Lincoln Ave New London, CT.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Six one‑bedroom apartment units; All six units renovated and fully occupied; One dedicated off‑street parking space per unit
