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Coldwell Banker Realty
142 Montauk Ave, New London, CT 06320
- $479,000
- 5
- BD
- 4
- BA
- 3,495
- SqFt
- Sold Price
- $479,000
- List Price
- $485,000
- Status
- CLOSED
- MLS#
- 24124535
- Closing Date
- Dec 10, 2025
- Year Built
- 1920
- Bedrooms
- 5
- Bathrooms
- 4
- Acres
- 0.17
- Living Area
- 3,495
- Neighborhood
- N/A
Property 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!
Additional Information
- Taxes
- $5,206
- Lot Size
- 7,405
- Heating
- Steam
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full
- Exterior Features
- Porch
- Elementary School
- Per Board of Ed
- Middle School
- Dover Jackson
- High School
- New London
Mortgage Calculator
Listing courtesy of Marilyn Lusher from RE/MAX Legends. (860) 460-9559 (860) 451-8000
Selling Office: RE/MAX Legends.The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.