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109 Montauk Avenue, 
New London, CT 06320

$250,000

4

Beds

2

Baths

3,034

Sq Ft

Multi-Family

Active

Listed by

Tina Luft, (860) 917-1073

Kazantzis Real Estate, LLC., (860) 774-2733

Last updated:

March 2, 2026, 02:52 AM

MLS#

24156678

Source:

CT

About This Home

109 Montauk Avenue

***Investor Special*** 2-Family Near Major Employers & Beaches! Opportunity knocks with this 2-family home ready for renovation and strong rental potential. Ideal for investors or contractors seeking a value-add multifamily property in a prime coastal Connecticut location. 1st Floor Unit (2 Bed / 1 Bath):Spacious layout featuring a large entry, living room, and formal dining room. Tall ceilings and abundant natural light create an open feel. Recently painted with new kitchen cabinets, countertops, and updated bathroom. Hardwood floors have been sanded and are ready for finishing. Kitchen flooring needs installation. 2nd Floor Unit:Fully gutted and ready for customization. Some sheetrock completed, with remaining walls open to studs. Kitchen and bathroom removed-bring your vision and design to maximize ARV and rental income. Both units feature steam heat with separate boilers. Prime location Close to local parks and big employers: less than a mile from Fort Trumbull State Park, 3 miles from Ocean Beach, 4 miles to Harkness Park, 6 miles from Electric Boat Groton, 11 miles to Mohegan Sun, 16 miles to Foxwoods, 8 miles to Pfizer Groton and less than a mile to Lawrence & Memorial Hospital. Strong upside potential for flip, BRRRR, or long-term rental portfolio addition. On street parking only! Cash or Hard Money, Sold as-is. Electric is on in second story and basement. no water or heat. Pipe burst in Basement seller plans to have fixed per disclosures.

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1900

Price Summary

250,000

$82 per Sq. Ft.

MLS #:

24156678

Last Updated:

March 2, 2026, 02:52 AM

Added:

2 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

3,034 Sq. Ft.

Structure

Structure

Building Area:

3,034 Sq. Ft.

Year Built:

1900

Lot

Lot Size (Sq. Ft):

4,791

Finances & Disclosures

Finances

Price:

$250,000

Price per Sq. Ft:

$82 per Sq. Ft.

Source:CT
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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.