144 Montauk Avenue, New London, CT 06320 (MLS # 24195267)
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* NEW ROOF ** This turnkey 4-unit multi family in New London offers immediate cash flow with room to grow. The property features four SEPARATE metered units plus a full unfinished basement for extra storage and mechanical space. Recent updates include a new roof and vinyl replacement windows. Tenants pay their own heat and electric, and the owner's only utility responsibility is water, sewer, and roughly $40 a month toward 2 gas stoves, keeping operating expenses lean. Set on a low maintenance 0.11 acre lot in a walkable New London neighborhood just minutes to Ocean Beach Park and Harkness Memorial State Park, this location keeps units easy to rent and easy to hold. Don't miss this opportunity to add a solid income producing asset to your portfolio. Unit 1: 3 bedroom $2,200/m Vacant Unit 2: 2 bedroom $1,700/m becoming vacant Unit 3: 2 bedroom $1,700/m occupied Unit 4: 1 bedroom $1,350/m occupied
| DAYS ON MARKET | 3 | LAST UPDATED | 8/22/2026 |
|---|---|---|---|
| YEAR BUILT | 1920 | COUNTY | New London |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Per Board of Ed |
|---|---|
| High School | Per Board of Ed |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Frame, Other |
| HEAT | Electric, Natural Gas, Oil, Steam |
| LOT | 4792 sq ft |
| PARKING | Private, Paved, Driveway |
| SEWER | Public Sewer |
| STYLE | Units are Side-by-Side, Units on different Floors |
| TAXES | 4827 |
| WATER | Public |
| ZONING | R-2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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