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  • $949,900

    119 Lincoln Avenue, New London, CT 06320

    6beds
    4,134sqft
    : 
    $7,132/mo
    Get pre-qualified
    Multi Family
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $230/sqft
    $-- HOA

    What's special

    Shared deckDedicated off-street parking spaceSix renovated unitsSpacious backyard
    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.
    31 days
    269
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Gold Anchor Team of Century21 Shutters & Sails,

    Valerie Levin (860)980-1278,

    CENTURY 21 Shutters & Sails 860-331-1510

    Source: Smart MLS,MLS#: 24203018MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Baseboard, Hot Water, Oil
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Water Heater
      • Laundry: None
      Features
      • Basement: None
      • Attic: None
      • Has fireplace: No
      Interior area
      • Total structure area: 4,134
      • Total interior livable area: 4,134 sqft
      • Finished area above ground: 4,134

      Property

      Parking
      • Total spaces: 6
      • Parking features: Off Street
      Features
      • Patio & porch: Deck
      • Exterior features: Lighting
      Lot
      • Size: 0.3 Acres
      • Features: Corner Lot, Level
      Details
      • Parcel number: 2000989
      • Zoning: R-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Other
      • Foundation: Concrete Perimeter, Slab
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1975

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: New London

      Financial & listing details

      • Price per square foot: $230/sqft
      • Tax assessed value: $280,200
      • Annual tax amount: $7,593
      • Date on market: 9/7/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/7/2026Listed for sale$949,900$230/sqft
        Source: Smart MLS #24203018 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 06320

        Getting around

        77 / 100
        Very Walkable
        31 / 100
        Some Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: New London

        Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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