198 Montauk , New London, CT 06320

$715,000
  • 198 Montauk , New London, CT 06320 Main Photo

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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET2,369 MLS#24202473
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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.

198 Montauk | MLS# 24202473

This multi-family property located at 198 Montauk , New London, CT 06320 is currently listed for sale with an asking price of $715,000. Search New London real estate on www.coldwellbankerchoice.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Heated, Storage, Concrete Floor, Full With Walk-Out
Cooling: None
Fuel Type: Electric
Heating: Baseboard
Home Style: Units on different Floors
Lot Size: 0.17 Acres
Roof Type: Asphalt Shingle
Taxes: $6,024
Year Built: 1890

Feature Descriptions

Days on Site: 2
Exterior: Vinyl Siding
Exterior: Balcony, Sidewalk, Gutters, Lighting
Lot: Level Lot, Water View
Parking Spaces: 12
Sewer: Public Sewer Connected
Units: 3
Water: Public Water Connected
Waterfront: View

Local Schools

High School: Per Board of Ed
Elementary School: Per Board of Ed

Listed By / Shown By

Listing By

Agency Name: RE/MAX on the Bay
Agent Name: Ferdinand J. Giacinto
Agency Phone: (860) 7390888

Shown By

Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)

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Estimated Payment

$ 2,301.82 per month $1,591.28 Principal & Interest $502.00 Property Tax $208.54 Homeowner's Insurance

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