119 Lincoln Avenue, New London, CT 06320
119 Lincoln Avenue, New London, CT 06320
119 Lincoln Avenue, New London, CT 06320
119 Lincoln Avenue, New London, CT 06320
119 Lincoln Avenue, New London, CT 06320
119 Lincoln Avenue, New London, CT 06320
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Kristopher Tramont

Kristopher Tramont

+1(860) 884-9511
$ 949,900
Est. payment | /mo

6 Beds

6 Baths

4,134 SqFt

Save
$ 949,900
Est. payment | /mo
Save

6 Beds

6 Baths

4,134 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 4,134 sqft

Price per Sqft $229

MLS Listing ID 24203018

Style Other

Bedrooms 6

Full Baths 6

Year Built 1975

Annual Tax Amount $7,593

Lot Size 0.300 Acres

Property Sub-Type 5 Family+

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.

Location

State CT

County New London

Zoning R-2

Rooms

Basement None

Interior

Heating Baseboard, Hot Water

Cooling Window Unit

Exterior

Exterior Feature Deck, Lighting

Parking Features Off Street Parking

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Corner Lot, Level Lot

Foundation Concrete, Slab

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

Middle Schools Per Board Of Ed

High Schools New London

Listed by Valerie Levin • CENTURY 21 Shutters & Sails

Nearby Locations

Kristopher Tramont
Kristopher Tramont

Broker Associate CT REB.0794869RI REB.0019770

+1(860) 884-9511 | kris@kristophertramont.com

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119 Lincoln Avenue