$715,000

Triplex In New London

  • 5 Beds
  • 3 Baths
  • 2,369 Sqft
  • 7,406 Sqft lot
  • Updated: Today
  • Source:
    SmartMLS  MLS#24202473

About the Property

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 & Bat
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. This Location is also Walkable and/or a Short Ride to other Restaurants, Shopping, Healthcare, Entertainment, Major Employers, Beaches, Boating, Schools, and much more. It is Conveniently Located 5 Minutes to Groton, 15 minutes to Niantic, 20 minutes to Mystic, 30 minutes to the Rhode Island border, and about an hour to Hartford. New London’s central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Sea transportation, and less than an hour to Major Airports.
  • Property type

    House

  • Year built

    1890

  • Price/sqft

    $301

Features

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198 Montauk Avenue, New London, Connecticut, United States View on Google Maps
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RE/MAX on the Bay - Niantic

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RE/MAX on the Bay - Niantic
Connecticut, United States
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6
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2026
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RE/MAX on the Bay - Niantic
Niantic, Connecticut, United States
View agency profile
Last updated
Today
First listed
Aug 29
Listing reference
24202473
Listing status
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