179 Montauk Avenue

New London, CT 06320 Directions
$485,000
  • 6Bed
  • 6Baths
  • 4,360Sqft
  • 0.24Acres
  • 1903Built
  • $111Price/Sqft

Property Highlights

  • High School: New London
  • Days on Market: 43
  • MLS: 170171548

Property Highlights

  • High School: New London
  • Days on Market: 43
  • MLS: 170171548

Investor alert!! 8 unit multi family on spacious corner lot blocks from EB and L&M!! Detached two car garage is more for storage, newer roof, but could be restored for car use. Well maintained by current owner for over 20 years. All units but one include heat and hot water in the rents. Over $6000 in monthly income, expenses are less than 2k per month, notable return here. No two units are the same in layout. There are 6 one bdrm units, 1 studio, and 1 2 bdrm. unit. One is now available for ease of showings. (unit 2) All units have leases/security. Full basement- great area for coin op washer/dryer - easy addition. Mechanicals are serviced and...

Property Highlights

  • High School: New London
  • Days on Market: 43
  • MLS: 170171548

Investor alert!! 8 unit multi family on spacious corner lot blocks from EB and L&M!! Detached two car garage is more for storage, newer roof, but could be restored for car use. Well maintained by current owner for over 20 years. All units but one include heat and hot water in the rents. Over $6000 in monthly income, expenses are less than 2k per month, notable return here. No two units are the same in layout. There are 6 one bdrm units, 1 studio, and 1 2 bdrm. unit. One is now available for ease of showings. (unit 2) All units have leases/security. Full basement- great area for coin op washer/dryer - easy addition. Mechanicals are serviced and in good order. Over 4000 sq ft, side and front ingress and egress. Most units is very nice shape outside of tenant housekeeping. Home is on the SEAT bus line.

Investor alert!! 8 unit multi family on spacious corner lot blocks from EB and L&M!! Detached two car garage is more for storage, newer roof, but could be restored for car use. Well maintained by current owner for over 20 years. All units but one include heat and hot water in the rents. Over $6000 in monthly income, expenses are less than 2k per month, notable return here. No two units are the same in layout. There are 6 one bdrm units, 1 studio, and 1 2 bdrm. unit. One is now available for ease of showings. (unit 2) All units have leases/security. Full basement- great area for coin op washer/dryer - easy addition. Mechanicals are serviced and in good order. Over 4000 sq ft, side and front ingress and egress. Most units is very nice shape outside of tenant housekeeping. Home is on the SEAT bus line.

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  • Additional Information
    • Days On Market: 42
    • Elementary School: Per Board of Ed
    • Gross Income: 71100
    • High School: New London
    • Living Area SqFt: 4,360
    • Sewer: Public Sewer Connected
    • Status: Show
    • Style: Units on different Floors
    • Subtype: 5 Family+
    • Tax Amount: $9,185
    • Tax Year: July 2018-June 2019
    • Type: Multi-Family For Sale
    • Unit Count: 6
    • Year Built: 1903
  • Interior/Exterior Features
    • Attic: Yes
    • Beds: 6
    • Exterior Siding: Vinyl Siding
    • Full Baths: 6
    • Heat: Radiator
    • Total Baths: 6

Listing Courtesy of William Raveis Real Estate.

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