198 Montauk Ave, New London, CT 06320
- $715,000
- 5
- BD
- 3
- BA
- 2,369
- SqFt
- List Price
- $715,000
- Status
- ACTIVE
- MLS#
- 24202473
- Year Built
- 1890
- Bedrooms
- 5
- Bathrooms
- 3
- Acres
- 0.17
- Living Area
- 2,369
- Neighborhood
- N/A
Property Description
Beatuful 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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Additional Information
- Taxes
- $6,024
- Lot Size
- 7,405
- Heating
- Baseboard
- Cooling System Type
- None
- Water Source
- Public
- Basement
- Full, Heated, Storage Space, Concrete, Full
- Exterior Features
- Balcony, Sidewalk, Lighting
- Parking Spaces
- 12
- Elementary School
- Per Board of Ed
- High School
- Per Board of Ed
Mortgage Calculator
Listing courtesy of Ferdinand Giacinto from RE/MAX on the Bay. (860) 912-0694 (860) 739-0888
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