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198 Montauk Avenue
New London CT 06320 US

$685,000

Active Listing ID 24146139
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5 bed
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3.00 Bath (3 Full)
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Lot: 0.17 Acres
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Other

$685,000

Active Listing ID 24146139
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198 Montauk Avenue Turnkey Investment Opportunity. Here is a Fully Renovated Three-Family turn-key triple-income asset in a bustling and high growth area with thriving local commerce. This property has been completely reimagined with quality updates and finishes, offering a seamless blend of income and nothing further to do with long-term financial stability. Renovations include Brand New Kitchens & Baths, Updated Mechanicals across all three units with plenty of off-street parking and laundry facilities on premise. This investment is optimized for favorable market rents with separate utilities to keep overhead low. Low Maintenance because it's been modernized from top to bottom, minimizing future capital expenditures. Prime Location, Minutes from Electric Boat Sub Base and other major employers to ensure it will always be occupied. This location is also convenient to Great Restaurants, Shops, Theater, Library, Music Venues, Fitness Training, Health Care and Much More. Step into this immediate Cash Flow Opportunity.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: None (Cooling)
  • Exterior Finish: Balcony, Sidewalk, Gutters, Lighting
  • Roof Type: Asphalt, Shingle
  • Heating Fuels: Baseboard, Electric (Heating)

School Information

  • School
  • Per Board of Ed(Elementary)
  • Per Board of Ed(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 685000
  • unparsedaddress: 198 Montauk Avenue
  • postalcity: New London
  • stateorprovince: CT
  • country: US
  • postalcode: 06320
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 2369
  • livingareaunits: Square Feet
  • listagentfullname: Ferdinand Giacinto
  • listagentemail: fjgiacinto@gmail.com
  • listagentkey: 3yd-CTMLS-EGIACINTF
  • listagentmlsid: EGIACINTF
  • listagentpreferredphone: 8607390888
  • listagentofficephone: 8607390888
  • listofficekey: 3yd-CTMLS-RMBA60
  • listofficemlsid: RMBA60
  • disclaimer: 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.
  • sourcesystemid: CTMLS
  • yearbuilt: 1890
  • listingcontractdate: 2026-01-02
  • listagenturl: http://www.remaxniantic.com
  • countyorparish: New London
  • parcelnumber: 1998707
  • elementaryschool: Per Board of Ed
  • highschool: Per Board of Ed
  • cooling: None (Cooling)
  • constructionmaterials: Vinyl Siding
  • heating: Baseboard, Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 12
  • parkingfeatures: Parking Lot, Paved or Surfaced, Unassigned
  • roof: Asphalt, Shingle
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Balcony, Sidewalk, Gutters, Lighting
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX ON THE BAY", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"remax.fivestreet+38978@fivestreet.me", "ListBrokerageCity":"Niantic", "ListBrokerageCountry":"US", "ListBrokerageEmail":"budbowes@remax.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CTMLS/9691f2b188ba11e58d6d125f38ce48fb/20180124173612456.png", "ListBrokerageName":"RE/MAX ON THE BAY", "ListBrokeragePhone":"(860) 739-0888", "ListBrokeragePostalCode":"06357", "ListBrokerageStateOrProvince":"CT", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"61 Pennsylvania Avenue", "ListBrokerageWebsiteUrl":"http://www.remaxniantic.com", "ListOfficeAddress1":"61 Pennsylvania Avenue", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Niantic", "ListOfficeCountry":"US", "ListOfficeEmail":"budbowes@remax.net", "ListOfficePostalCode":"06357", "ListOfficeStateOrProvince":"CT", "ListPriceCurrencyType":"USD", "ListingTitle":"Units On Different Floors, 3 Family - New London, CT", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/198-Montauk-Ave_New-London_CT_06320_M36739-73500?f=listhub&s=CTMLS&m=24146139&c=rexren", "MLSModificationTimestamp":"2026-01-08T03:50:14Z", "Neighborhoods":[{"Description":null, "Name":"N/A"}], "PostalCode":null, "RawPropertySubType":"3 Family", "RawPropertyType":"Multi-Family For Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/9/2026 3:07:12 PM GMT
Source Updated Date: 1/9/2026 6:43:54 PM GMT

Courtesy of: Ferdinand Giacinto, RE/MAX on the Bay, fjgiacinto@gmail.com

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.