$499,000

7 days on market

142 Montauk Avenue, New London,New London, Connecticut, 06320
7
4
3,495 sqft

MLS® # 24124535

Description

Investment opportunity in the heart of New London! This well-maintained 4-family property offers strong rental history with most tenants in place for over 10 years. Recent updates provide peace of mind, including exterior paint (2024), a 12-year-old roof, natural gas hot water heaters all 5 years old or newer, and a driveway just 5 years young. Additional income potential with convenient on-site coin-operated laundry. Located just minutes to downtown New London, Yale New Haven L&M Hospital, Mitchell College, and Electric Boat, this property is in a prime location for consistent occupancy. Whether you're a seasoned investor or just starting out, this is the type of property that checks all the boxes-stable tenants, updates already done, and excellent proximity to area employers and amenities. Don't wait-this one won't last long!

142 Montauk Avenue, New London

Explore

Home details

  • Category

  • Residential

  • Style

  • Multi-Family For Sale

  • Type

  • Units on different Floors

  • Taxes / Year

  • $5,206 / July 2025-June 2026

  • Status

  • New

  • Days on Market

  • 7 days ago

  • List Date

  • 09/05/2025

  • Listing Updated On

  • 09/10/2025

  • Year Built

  • 1920

Features

Beds & Baths
  • Total Beds

  • 7

  • Baths

  • 4

Heating & Cooling
  • Heating Type

  • Steam

  • Air Conditioning

  • Window Unit

  • Fireplaces

  • No

Parking & Garage
  • Parking Type

  • None

Basement
  • Type

  • Full

Exterior Features

Construction
  • Year Built

  • 1920

Construction Details
  • Foundation Type

  • Stone

  • Roof Material

  • Asphalt Shingle

  • Exterior

  • Asbestos

Water & Sewer
  • Water Supply

  • Public Water Connected

  • Sewer

  • Public Sewer Connected

Legal
  • Brokerage

  • RE/MAX Legends

Neighborhood Influences

Commuter Bus
Library
Medical Facilities
Park
Private School(s)
Public Transportation
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