60 Ocean Ave, New London, CT 06320

Description

A solid income-producing opportunity in the heart of New London. This well-maintained two-unit multifamily, built in 1900, offers nearly 1,900 square feet of living space across two separately occupied units with meaningful upside potential. The first-floor unit features a long-term, stable tenant on a month-to-month lease at below-market rent, presenting an immediate opportunity to increase cash flow through a lease renewal at current market values. The second-floor unit is leased through October 2026, providing short-term income certainty while you plan your next move. Both units offer spacious layouts, updated kitchens, and generous storage, including a finished walk-u...