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198 Montauk Avenue, 
New London, CT 06320

$685,000


5

Beds


3

Baths


2,369

Sq Ft


Multi-Family

Active

Listed by

Ferdinand Giacinto, (860) 912-0694

Dawn Field

RE/MAX On The Bay, (860) 739-0888

Last updated:

January 8, 2026, 04:47 AM

MLS#

24146139

Source:

CT

About This Home

198 Montauk Avenue

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.

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1890

Price Summary

685,000

$289 per Sq. Ft.

MLS #:

24146139

Last Updated:

January 8, 2026, 04:47 AM

Added:

19 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,369 Sq. Ft.


Structure

Structure

Building Area:

2,369 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$685,000

Price per Sq. Ft:

$289 per Sq. Ft.

Source:CT
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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.