Active Under Contract
Multi family home for sale at 119 Lincoln Ave, New London, CT 06320 | MLS# 24203018 | Listing updated on 2026-09-22
Photo 1 of Multi family home for sale at 119 Lincoln Ave, New London, CT 06320 | MLS# 24203018 | Listing updated on 2026-09-22
Photo 2 of Multi family home for sale at 119 Lincoln Ave, New London, CT 06320 | MLS# 24203018 | Listing updated on 2026-09-22
Photo 3 of Multi family home for sale at 119 Lincoln Ave, New London, CT 06320 | MLS# 24203018 | Listing updated on 2026-09-22
Photo 4 of Multi family home for sale at 119 Lincoln Ave, New London, CT 06320 | MLS# 24203018 | Listing updated on 2026-09-22
35+
Beds Icon

Street View

$949,900

Monthly Est:$4,728

  • Beds Icon6 Beds
  • Beds Icon
    6 Baths
  • Beds Icon4,134sqft

119 Lincoln Ave, New London, CT 06320

$4,728/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1975

  • $-- HOA

  • 13,068 sqft lot

  • $230/sq.ft

Description

What if your next investment started generating income on day one? Welcome to 119-121 Lincoln Avenue, a turnkey six-unit property offering immediate income without the burden of renovations or establishing occupancy. All six one-bedroom units have been renovated and are fully occupied, allowing the next owner to step into an established, income-producing asset from day one. Each unit includes a dedicated off-street parking space, while tenants also enjoy access to a shared deck and spacious backyard. Conveniently located near Electric Boat, the Naval Submarine Base, casinos, hospitals, and other major regional employers, the property is well positioned within New London's growing rental market. The work has been completed, the tenants are in place, and the income is already flowing. Current gross annual income and operating expenses are available upon request. Six renovated units. One turnkey investment. A compelling opportunity in thriving New London, Connecticut.

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 22, 2026 at 4:05 pm
  • Listing Provided by: Valerie Levin | CENTURY 21 Shutters & Sails
  • Source: SMART MLS-CT | MLS#: 24203018 SMART MLS-CT

Property Details

  • Status

    Active Under Contract

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    New London County

  • City

    New London

  • Neighborhood

    --

  • Year Built

    1975

  • HOA Fees

    -

  • Finished Area

    4,134 sqft

  • Lot Size

    13,068 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    SMART MLS

  • MLS Number

    24203018

  • MLS Status

    Under Contract - Continue to Show

  • Days on Market

    30

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Location

HOA Management

0

HOA Fees

$-/

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 6

    Bathrooms: 6

Interior

  • Sewer

    Public Sewer Connected

  • Cooling

    Window Unit

  • Exterior Features

    Deck, Lighting

  • Heating

    Oil, Baseboard, Hot Water

Construction

  • Year Built

    Year Built: 1975

  • Home type

    Multi Family

  • Foundation Details

    Concrete, Slab

  • Roof

    Asphalt Shingle

  • Architectural Style

    Other

Utilities & Energy

  • Parking Features

    Off Street Parking

  • Laundry Features

    None

  • Basement

    None

  • Water Source

    Public Water Connected

Other Features

  • Subdivision Name

    N/a

  • Lot Features

    Corner Lot, Level Lot

Price History

DateEventPrice

09/22/2026

Source: mls_logoSMART MLS-CT #24203018

Contingent (Active Under Contract)

$949,900

$230/sqft

09/07/2026

Source: mls_logoSMART MLS-CT #24203018

Listed for Sale

$949,900

$230/sqft

Nearby Homes

Based on information provided to and compiled by the SMART MLS, Inc. through Oct 07, 2026, 11:30AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 SMART MLS, Inc. All Rights Reserved.

Advertising Broker: Derek Greene | The Greene Realty Group