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$282,000
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Property Description
***Investor Special*** 2-Family Near Major Employers & Beaches! Opportunity knocks with this 2-family home ready for renovation and strong rental potential. Ideal for investors or contractors seeking a value-add multifamily property in a prime coastal Connecticut location. 1st Floor Unit (2 Bed / 1 Bath):Spacious layout featuring a large entry, living room, and formal dining room. Tall ceilings and abundant natural light create an open feel. Recently painted with new kitchen cabinets, countertops, and updated bathroom. Hardwood floors have been sanded and are ready for finishing. Kitchen flooring needs installation. 2nd Floor Unit:Fully gutted and ready for customization. Some sheetrock completed, with remaining walls open to studs. Kitchen and bathroom removed-bring your vision and design to maximize ARV and rental income. Both units feature steam heat with separate boilers. Prime location Close to local parks and big employers: less than a mile from Fort Trumbull State Park, 3 miles from Ocean Beach, 4 miles to Harkness Park, 6 miles from Electric Boat Groton, 11 miles to Mohegan Sun, 16 miles to Foxwoods, 8 miles to Pfizer Groton and less than a mile to Lawrence & Memorial Hospital. Strong upside potential for flip, BRRRR, or long-term rental portfolio addition. On street parking only! Cash or Hard Money, Sold as-is. Electric is on in second story and basement. no water or heat. Pipe burst in Basement seller plans to have fixed per disclosures.
Full Property Details
Full Property Details for 109 Montauk Ave
General
- Sold For: $282,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24156678
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Color: Yellow
Location
- County: New London
- Driving Directions: Bank st, left on Montauk. Home on the right. On street parking only!
School Information
- Elementary School: Per Board of Ed
- High School: New London
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam, Oil
- Heating Fuel: Oil
- Water Heater: Electric, 50 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors
- Construction Status: No/Resale
- Exterior Const.: Aluminum
- Basement Desc.: Full
- Roof: Shingle
- Attic: Yes
- Square Feet: 3,034
- Above Ground: 3,034 Sq. Ft.
- Year Built: 1900
Unit Information
Unit 1
- Square Feet: 1211
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 1211
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.11
- Zoning: R-2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $141,500
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1998878
Listed by Kazantzis Real Estate, LLC, Tina Luft
Sold by RE/MAX One, Next Level Team of RE/MAX One, Amru Abo-Alaial
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Schools
Schools serving 109 Montauk Ave
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
Harbor School 432 Montauk Avenue, New London, CT 06320 | PK-5 | 0.7 mi |
C.B. Jennings International Elementary Magnet 50 Mercer Street, New London, CT 06320 | PK-5 | 0.8 mi |
Winthrop STEM Elementary Magnet School 74 Grove Street, New London, CT 06320 | K-5 | 1.6 mi |
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320 | 6-8 | 0.9 mi |
New London Visual and Performing Arts Magnet School 36 Waller Street, New London, CT 06320 | 6-11 | 0.9 mi |
Science and Technology Magnet School of Southeastern Connecticut 20 Chester Street, New London, CT 06320 | 6-12 | 1.3 mi |
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 1.3 mi |
Nathan Hale Arts Magnet School 37 Beech Drive, New London, CT 06320 | K-5 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 109 Montauk Ave
Date
Details
Price
Change
Source
3/27/2026
Sold
$282,000
12.8%
MLS
3/01/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
109 Montauk Avenue, New London, CT 06320 (MLS# 24156678) is a Multi-Family property that was sold at $282,000 on March 27, 2026. Want to learn more about 109 Montauk Avenue? Do you have questions about finding other Multi-Family real estate for sale in New London? You can browse all New London real estate or contact a Coldwell Banker agent to request more information.

