Introducing an exceptional investment opportunity in the heart of growing New London! This expansive three-floor apartment building comes complete with a detached two-bay garage, providing convenience and additional rental potential. With long-term tenants already in place, enjoy the peace of mind of consistent rental income with fabulous returns. The property features updated siding, windows, roof, and furnaces, ensuring minimal maintenance and maximizing profitability for savvy investors. Nestled in a thriving area primed for growth, this property promises not only immediate financial rewards but also long-term appreciation potential. Don't miss out on the chance to secure your foothold in New London's burgeoning real estate market. Seize this rare opportunity to capitalize on the booming rental market – schedule a viewing today and take the first step towards a lucrative investment!
Sold for $370,000 on 04/23/24
$370,000
245 Montauk Avenue, New London, CT 06320
6beds
2,388sqft
Multi Family
Built in 1910
-- sqft lot
$420,700 Zestimate®
$155/sqft
$1,867 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 01, 2024 at 01:00am
Listed by:
Joe Malerba 860-912-7315,
eXp Realty 866-828-3951
Bought with:
Kathryn A. O'leary
Eastern Connecticut Association of REALTORS Inc.
Source: Smart MLS,MLS#: 24001390
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater, Tankless Water Heater
- Laundry: In Basement
Features
- Windows: Thermopane Windows
- Basement: Full
- Attic: Finished,Walk-up
- Has fireplace: No
Interior area
- Total structure area: 2,388
- Total interior livable area: 2,388 sqft
- Finished area above ground: 2,388
Property
Parking
- Total spaces: 6
- Parking features: Detached, Paved, Driveway, Private
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Exterior features: Garden
- Has view: Yes
- View description: City, Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 6,534 sqft
Details
- Parcel number: 1998136
- Zoning: multifamily
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Masonry
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & neighborhood
Location
- Region: New London
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$420,700
2% more+$8,414
With Zillow Showcase(estimated)$429,114