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$480,000
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Property Description
Prepare to be amazed! This spacious up/down two-family home offers a perfect blend of updates, character, and modern comfort in a central location. The first-floor unit features 2 bedrooms, 1 bath and 1,032 Sq/Ft with refinished hardwood floors, fresh paint, stainless steel appliances and a lovely covered deck offering an inviting, relaxing space. The second-floor unit with a fully finished attic is a showstopper-4 bedrooms, 2 baths, and 1,548 Sq/Ft! This unit has undergone a complete remodel boasting gleaming hardwood floors, new vinyl flooring, granite counters, stainless steel appliances, new modern light fixtures, a bold tiled shower/tub combo and fresh paint. Your private covered balcony provides the perfect escape with sweeping views of the city! The partially finished walkout basement adds versatility with two soft carpeted rooms ideal for an office and rec room plus a full bath for convenience. This home has separate utilities and major improvements including newer electric panels, hot water heaters, roof, and ductless heating/cooling powered by high efficiency heat pumps. A new driveway & massive 5-bay garage offers endless possibilities for additional storage, a workplace for hobbyists or additional rental income. Ideally situated with easy access to the Gold Star Bridge, Electric Boat, Sub Base, Pfizer, L&M Hospital and minutes to New London's vibrant downtown, waterfront dining, shopping and iconic Ocean Beach Park! This is truly the perfect place to call home!
Full Property Details
Full Property Details for 118 Connecticut Ave
General
- Sold For: $480,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24122985
- Added to Site: 105 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: All Units Have Hook-Ups
Exterior
- Exterior Features: Balcony, Sidewalk, Gutters, Covered Deck
- Color: Yellow
Parking
- Garage: Yes
- Garage Spaces: 5
- Total Spaces: 6
- Parking: Detached Garage, Paved, Off Street Parking, Driveway
Location
- County: New London
- Driving Directions: GPS Friendly. Located on the corner of Connecticut Avenue & Rogers St. Driveway is located on Rogers St. side.
School Information
- Elementary School: Per Board of Ed
- Middle School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: Ductless, Heat Pump
- Heating Type: Baseboard, Heat Pump, Electric
- Heating Fuel: Electric
- Water Heater: Electric, 40 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.: Vinyl Siding
- Basement Desc.: Full, Sump Pump, Storage, Interior Access, Partially Finished, Concrete Floor, Full With Walk-Out
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 3,096
- Above Ground: 2,580 Sq. Ft.
- Below Ground: 516 Sq. Ft.
- Year Built: 1928
Unit Information
Unit 1
- Square Feet: 1032
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 1548
- Total Bathrooms: 2
- Bedrooms: 4
Unit 3
- Square Feet: 516
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.12
- Driveway/Sidewalk: Private, Paved, Asphalt
- Zoning: R-2
- Lot Description: Corner Lot, City Views, Level Lot
Green Features
- Energy Features: Storm Windows, Thermopane Windows
Financial Considerations
- Assessment Amount: $151,600
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 2000552
Listed by RE/MAX One, Next Level Team of RE/MAX One, Jarrad Horsley
Sold by Real Broker CT, LLC, Madeline Torres
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Schools
Schools serving 118 Connecticut Ave
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
Harbor School 432 Montauk Avenue, New London, CT 06320 | PK-5 | 1.4 mi |
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320 | 6-8 | 0.2 mi |
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 118 Connecticut Ave
Date
Details
Price
Change
Source
11/18/2025
Sold
$480,000
6.67%
MLS
10/08/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
118 Connecticut Avenue, New London, CT 06320 (MLS# 24122985) is a Multi-Family property that was sold at $480,000 on November 18, 2025. Want to learn more about 118 Connecticut 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.

