Renovated Three-Family
New
For Sale
$715,000
198 Montauk Avenue, New London, CT 06320
Multi-Family For Sale, Units on different Floors, New London, CT
Property Size2,369 SF
Lot Size0.17 Acres
Price / SF$301.82
Days on Market1
Property Features for 198 Montauk Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 2, Basement, Bedroom 5, Bedroom 3
Parking
12
Exterior features
Balcony,Sidewalk,Gutters,Lighting
Basement
Concrete, Full
Lot features
Level Lot, Water View
Elementary school
Per Board of Ed
High school
Per Board of Ed
Directions
Willets to Montauk
Standard status
Active
Size
2,369 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
6024
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Amenities
laundry facilities
Building Details
Year built
1890
Architectural style
Other
Listing Agency:
RE/MAX on the Bay · RE/MAX International
(860) 739-0888
Listed By:
Ferdinand Giacinto · License #RES.0257400
(860) 912-0694
Added: Aug 28
Last Checked: Aug 28 at 7:06PM
MLS# 24202473
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.
Investment Insights
Based on property information with market context.
This three-family triplex contains 2,369 square feet on a 0.17-acre parcel. Each unit has benefited from new kitchen and bathroom improvements, while mechanical systems have been updated throughout the property. Separate utilities, on-site laundry facilities, and off-street parking support practical day-to-day operation. Exterior features include balconies, sidewalks, gutters, and lighting.
The property is located in New London, with public water and public sewer service. The site is approximately 5 minutes from Groton, 15 minutes from Niantic, and 20 minutes from Mystic. Electric Boat and the Sub Base are identified nearby, along with restaurants, shops, healthcare, entertainment venues, schools, beaches, and boating. Hartford is about an hour away, and the Rhode Island border is approximately 30 minutes from the property.
The property is located in New London, with public water and public sewer service. The site is approximately 5 minutes from Groton, 15 minutes from Niantic, and 20 minutes from Mystic. Electric Boat and the Sub Base are identified nearby, along with restaurants, shops, healthcare, entertainment venues, schools, beaches, and boating. Hartford is about an hour away, and the Rhode Island border is approximately 30 minutes from the property.
Key Highlights
- Three‑family triplex containing 2,369 square feet
- 0.17‑acre parcel in New London, CT
- New kitchens and bathrooms across the units
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,258
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family property with updated kitchens, baths, mechanical systems, laundry facilities, and off-street parking.
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 $715,000.
What are key features of this property?
This property features: Three‑family triplex containing 2,369 square feet; 0.17‑acre parcel in New London, CT; New kitchens and bathrooms across the units
