New London, CT 06320,245 Montauk Avenue

$370,000

$350,000

5.7%
Est.Price: ?

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Est. payment /mo

6 Beds

3 Baths

2,388 SqFt


SOLD DATE : 04/23/2024

Key Details

Sold Price $370,000

Property Type Multi-Family

Sub Type 2 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,388 sqft

Price per Sqft $154

MLS Listing ID 24001390

Sold Date 04/23/24

Style Units on different Floors

Bedrooms 6

Full Baths 3

Year Built 1910

Annual Tax Amount $4,095

Lot Size 6,534 Sqft

Property Description

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!

Location

State CT

County New London

Zoning multifamily

Rooms

Basement Full, Full With Hatchway

Interior

Heating Hot Water

Cooling None

Exterior

Exterior Feature Deck, Garden Area

Garage Detached Garage, Paved, Driveway

Garage Spaces 2.0

Roof Type Asphalt Shingle

Building

Lot Description City Views, Water View

Foundation Masonry

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools New London

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Listed by Joe Malerba • eXp Realty
Bought with Kathryn O'leary • Eastern Connecticut Association of REALTORS Inc.
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+1(203) 856-9968

ryan.loechner@exprealty.com

1266 E Main St, Stamford, CT, 06902

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