# 198 Montauk Avenue, New London, CT 06320

> **TL;DR:** 5bd/3ba residential multi family, $685,000 ($289/sqft), built 1890, 2,369 sqft. Est. $2,968/mo. Listed 150 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $685,000 |
| Price/sqft | $289 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Square Feet | 2,369 |
| Year Built | 1890 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 150 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,968 |
| **Total** | **$2,968** |

## Nearby Schools

- **Elementary:** Per Board of Ed
- **High:** Per Board of Ed

## Property Highlights

- Built in 1890
- 0.17 acre lot
- 12 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 198 Montauk Avenue, New London, CT 06320
- **County:** New London
- **Coordinates:** 41.34231, -72.10487
- **Google Maps:** https://www.google.com/maps?q=41.34231,-72.10487

## Listing Agent

- **Name:** Ferdinand Giacinto
- **Brokerage:** RE/MAX on the Bay
- **Phone:** 8609120694
- **Email:** fjgiacinto@gmail.com

## Primary Photo

![198 Montauk Avenue - Primary Photo](http://lh.rdcpix.com/5cb0e80fcd1bfae9550ff3f21dd467fcl-f810820600r.jpg)

*33 total photos available on [listing page](https://www.propertysimple.com/listing/198-montauk-avenue-new-london-ct-06320-24146139)*

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**MLS#:** 24146139 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/198-montauk-avenue-new-london-ct-06320-24146139)

---

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