Excellent Turnkey Multi-Family Investment Opportunity. This 8-unit multi-family property is Fully Rented and in an Exceptional location with High Rental Demand! Unit Mix: Studios, 1-bedrooms, and a spacious 2-bedroom unit. Close to Mitchell & Conn College, L&M Hospital, Electric Boat, and Sub Base. Conveniently located 15 minutes from Niantic as well as the Groton Navy Base, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's Central CT Shoreline location is Midway between New York and Boston, providing easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports.
Sold for $985,000
$985,000
179 Montauk Avenue, New London, CT 06320
9beds
4,360sqft
Multi Family
Built in 1903
-- sqft lot
$1,073,300 Zestimate®
$226/sqft
$2,020 Estimated rent
Home value
$1,073,300
$955,000 - $1.21M
$2,020/mo
Zestimate® history
Owner options
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$2,020/mo
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$2,020/mo
Rent Zestimate®
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$5,527/mo
Est. payment
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$5,527/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Ferdinand J. Giacinto 860-912-0694,
RE/MAX on the Bay 860-739-0888,
Dawn Field 860-908-2512,
RE/MAX on the Bay
Bought with:
Wesley Krombel, REB.0794844
Real Broker CT, LLC
Source: Smart MLS,MLS#: 24085081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Steam, Oil
Cooling
- None
Appliances
- Included: Gas Water Heater, Water Heater
Features
- Basement: Full,Unfinished,Concrete
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 4,360
- Total interior livable area: 4,360 sqft
- Finished area above ground: 4,360
Property
Parking
- Parking features: None
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters, Garden
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 10,454 Square Feet
- Features: Corner Lot, Level, Rolling Slope
Details
- Parcel number: 1999073
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1903
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: $226/sqft
- Tax assessed value: $463,400
- Annual tax amount: $12,604
- Date on market: 4/2/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $985,000-9.2%$226/sqft |
Source:  Smart MLS #24085081 Report a problem | ||
| 8/21/2025 | Pending sale | $1,085,000$249/sqft |
Source: Smart MLS #24085081 Report a problem | ||
| 4/2/2025 | Listed for sale | $1,085,000-10.7%$249/sqft |
Source: Smart MLS #24085081 Report a problem | ||
| 4/1/2025 | Listing removed | $1,215,000$279/sqft |
Source: Smart MLS #24073155 Report a problem | ||
| 2/11/2025 | Listed for sale | $1,215,000+72.3%$279/sqft |
Source: Smart MLS #24073155 Report a problem | ||
| 2/2/2025 | Listing removed | $1,295 |
Source: Smart MLS #24071312 Report a problem | ||
| 1/29/2025 | Listed for rent | $1,295+1.6% |
Source: Smart MLS #24071312 Report a problem | ||
| 5/22/2024 | Listing removed | -- |
Source: Smart MLS #24018264 Report a problem | ||
| 5/17/2024 | Listed for rent | $1,275 |
Source: Smart MLS #24018264 Report a problem | ||
| 8/25/2023 | Sold | $705,000+0.7%$162/sqft |
Source: Smart MLS #170572442 Report a problem | ||
| 5/26/2023 | Listed for sale | $700,000+55.6%$161/sqft |
Source: Smart MLS #170572442 Report a problem | ||
| 12/4/2019 | Sold | $450,000$103/sqft |
Source: Smart MLS #170171548 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 06320
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Nearby schools
GreatSchools rating
- NAHarbor SchoolGrades: K-5Distance: 0.5 mi
- 4/10New London Visual and Performing Arts Magnet SchoolGrades: 6-12Distance: 1 mi
- 3/10C.B. Jennings International Elementary MagnetGrades: PK-5Distance: 0.9 mi
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$1,073,300
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With Zillow Showcase(estimated)
$1,094,766
- Connecticut
- New London County
- New London
- 06320
- 179 Montauk Avenue
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