119 Lincoln Ave, New London, CT 06320
- $949,900
- 6
- BD
- 6
- BA
- 4,134
- SqFt
- List Price
- $949,900
- Status
- ACTIVE
- MLS#
- 24203018
- Year Built
- 1975
- Style
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Acres
- 0.30
- Living Area
- 4,134
- Neighborhood
- N/A
Property Description
What if your next investment started generating income on day one? Welcome to 119-121 Lincoln Avenue, a turnkey six-unit property offering immediate income without the burden of renovations or establishing occupancy. All six one-bedroom units have been renovated and are fully occupied, allowing the next owner to step into an established, income-producing asset from day one. Each unit includes a dedicated off-street parking space, while tenants also enjoy access to a shared deck and spacious backyard. Conveniently located near Electric Boat, the Naval Submarine Base, casinos, hospitals, and other major regional employers, the property is well positioned within New London's growing rental market. The work has been completed, the tenants are in place, and the income is already flowing. Current gross annual income and operating expenses are available upon request. Six renovated units. One turnkey investment. A compelling opportunity in thriving New London, Connecticut.
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Additional Information
- Taxes
- $7,593
- Lot Size
- 13,068
- Heating
- Baseboard, Hot Water
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- None
- Exterior Features
- Deck, Lighting
- Parking Spaces
- 6
- Elementary School
- Per Board of Ed
- Middle School
- Per Board of Ed
- High School
- New London
Mortgage Calculator
Listing courtesy of Valerie Levin from CENTURY 21 Shutters & Sails. (860) 980-1278 (860) 331-1510
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