OFFER DEADLINE Sunday 11/12 at 8 PM, CASH COW, come check out this well maintained 2 family investment in the heart of New London, you can't find a 10 CAP investment anywhere right now, all units are tenants occupied, so this will insure you will start cash flowing from day 1.
Sold for $212,000
$212,000
83 Lincoln Avenue, New London, CT 06320
8beds
2,139sqft
Multi Family
Built in 1900
-- sqft lot
$392,200 Zestimate®
$99/sqft
$1,714 Estimated rent
Home value
$392,200
$345,000 - $435,000
$1,714/mo
Zestimate® history
Owner options
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$1,190/mo
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Zillow last checked:
Listing updated:
Listed by:
Next Level Team of RE/MAX One,
Amru Abo-Alaial 860-941-6810,
RE/MAX One 860-444-7362,
Co-Listing Agent: Courtney Ciscato 860-304-7071,
RE/MAX One
Bought with:
Shannon Muscara, RES.0817751
RE/MAX One
Source: Smart MLS,MLS#: 170609213
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Radiant, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: Walk-up,Finished
Interior area
- Total structure area: 2,139
- Total interior livable area: 2,139 sqft
- Finished area above ground: 2,139
Property
Parking
- Total spaces: 6
- Parking features: Off Street, On Street, Private, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Deck
- Exterior features: Balcony
Lot
- Size: 4,791 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: 2000955
- 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: 1900
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: $99/sqft
- Tax assessed value: $92,750
- Annual tax amount: $3,454
- Date on market: 1/17/2024
Price history
| Date | Event | Price |
|---|---|---|
| 1/10/2024 | Sold | $212,000+8.7%$99/sqft |
Source:  Smart MLS #170609213 Report a problem | ||
| 11/17/2023 | Pending sale | $195,000$91/sqft |
Source: Smart MLS #170609213 Report a problem | ||
| 11/10/2023 | Listed for sale | $195,000+124.1%$91/sqft |
Source: Smart MLS #170609213 Report a problem | ||
| 6/20/2002 | Sold | $87,000$41/sqft |
Source: Smart MLS #E123721 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,707 -1.1% | $136,300 |
| 2024 | $3,748 +8.5% | $136,300 +47% |
| 2023 | $3,454 -0.2% | $92,750 |
| 2022 | $3,461 -1.7% | $92,750 |
| 2021 | $3,520 -0.6% | $92,750 |
| 2020 | $3,542 -4.3% | $92,750 |
| 2019 | $3,701 +6.8% | $92,750 +17% |
| 2018 | $3,466 -1.2% | $79,240 |
| 2017 | $3,507 +9.4% | $79,240 |
| 2016 | $3,206 +2.5% | $79,240 |
| 2015 | $3,129 +15.2% | $79,240 |
| 2014 | $2,716 -23.1% | $79,240 -38.3% |
| 2013 | $3,534 +8.6% | $128,520 |
| 2012 | $3,253 | $128,520 |
| 2011 | $3,253 | $128,520 |
| 2010 | $3,253 -0.7% | $128,520 |
| 2009 | $3,276 -7.2% | $128,520 +12.4% |
| 2008 | $3,531 +1.4% | $114,310 |
| 2007 | $3,481 +1.8% | $114,310 |
| 2006 | $3,421 +4.6% | $114,310 |
| 2005 | $3,270 +7.4% | $114,310 |
| 2004 | $3,046 -14.1% | $114,310 +14% |
| 2003 | $3,548 +76.2% | $100,240 +64.2% |
| 2001 | $2,014 | $61,040 |
Find assessor info on the county website
Neighborhood: 06320
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Nearby schools
GreatSchools rating
- 3/10Bennie Dover Jackson Middle SchoolGrades: 5-8Distance: 0.2 mi
- 4/10New London Visual and Performing Arts Magnet SchoolGrades: 6-12Distance: 0.2 mi
- 3/10C.B. Jennings International Elementary MagnetGrades: PK-5Distance: 0.2 mi
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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$392,200
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- Connecticut
- New London County
- New London
- 06320
- 83 Lincoln Avenue
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