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Quadplex with New Roof
For Sale
$650,000

144 Montauk Ave, New London, CT 06320

Separate utility metering, basement storage, and replacement windows support practical multifamily operations.

Property Size3,309 SF
Lot Size0.11 Acres
Price / SF$196.43
Days on Market9

Property Features for 144 Montauk Ave

General Information

Standard status Active
Size 3,309 SF
Lot size 0.11 Acres
Property subtype Multi-Family

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 4

Building Details

Year Built 1920
Listing Agency: RE/MAX One
Listed By: Shannon Muscara (845) 519-4046 (860) 444-7362 · License #RES. 0817751
Source: Fairfieldcounty-properties
Added: Aug 21 Changed: Aug 28 Last Checked: Aug 25 at 6:14AM

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 RE/MAX One

Investment Insights

Based on property information with market context.

This 1920 multifamily property contains four separately metered units, providing a clear configuration for managing residential income space. A full unfinished basement adds storage and mechanical area, while a new roof and vinyl replacement windows are among the recent improvements. Tenants pay their own heat and electric, with the owner responsible for water and sewer service.

The property occupies a 0.11-acre lot at 144 Montauk Ave in New London, Connecticut. Its neighborhood setting is supported by a Walk Score of 70, a Bike Score of 45, and a Transit Score of 26. Ocean Beach Park and Harkness Memorial State Park are located minutes away.

Key Highlights

  • Four‑unit multifamily property with separate metering for each unit
  • New roof and vinyl replacement windows
  • Full unfinished basement for storage and mechanical space

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Locksmith Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,369
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Separate utility metering, basement storage, and replacement windows support practical multifamily operations.
Where is this quadplex located?
The property is located at 144 Montauk Ave New London, CT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Four‑unit multifamily property with separate metering for each unit; New roof and vinyl replacement windows; Full unfinished basement for storage and mechanical space
More about this property
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