$949,900

6 Bedrooms Other Residential

  • 6 Beds
  • Updated: September 9
  • MLS#24203018

About the Property

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 de
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.
  • Property type

    Other

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119 Lincoln Avenue, New London, CT 06320, Connecticut, United States View on Google Maps
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Valerie Levin

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Valerie Levin
Connecticut, United States
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2026
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CENTURY 21 Shutters & Sails
CENTURY 21 Shutters & Sails
41 E. Main Street, 06355, Mystic, Connecticut, United States
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At CENTURY 21 Shutters & Sails we are dedicated to providing seamless access to
the “quality of life” that
At CENTURY 21 Shutters & Sails we are dedicated to providing seamless access to
the “quality of life” that our communities have to offer, CENTURY 21 Shutters &
Sails clients receive the exposure, knowledge and expertise that they would
expect from a large agency, as well as the client focus only available from a
boutique agency.  Our service area reaches from Watch Hill, RI to New Haven, CT
with offices in Mystic CT, New Haven CT and Fishers Island NY.  With local
agents in each community, the knowledge extends past the real estate.  Our
agents have deep ties to their communities and have local expertise.
Last updated
September 9
First listed
Sep 9
Listing reference
05CD655B-EBD9-4500-BA02-376D7956B208
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