Date
Details
Price
Change
Source
9/07/2026
Listed
$949,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 119 Lincoln Ave
General
- Price: $949,900
- Taxes: (July 2026-June 2027)
- Status: Active
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24203018
- Updated: 9/7/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 18
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: None
Exterior
- Exterior Features: Deck, Lighting
- Color: Blue
Parking
- Total Spaces: 6
- Parking: Off Street Parking
Location
- County: New London
- Driving Directions: GPS Friendly
School Information
- Elementary School: Per Board of Ed
- Middle School: Per Board of Ed
- High School: New London
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Baseboard, Hot Water, Oil
- Heating Fuel: Oil
- Water Heater: Oil, Domestic
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Other
- Construction Status: No/Resale
- Exterior Const.: Other
- Basement Desc.: None
- Roof: Asphalt Shingle
- Square Feet: 4,134
- Above Ground: 4,134 Sq. Ft.
- Year Built: 1975
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 3
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.3
- Zoning: R-2
- Lot Description: Corner Lot, Level Lot
Financial Considerations
- Assessment Amount: $280,200
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Property ID: 2000989
Listed by CENTURY 21 Shutters & Sails, Gold Anchor Team of Century21 Shutters & Sails, Valerie Levin
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 119 Lincoln Ave —
Valerie Levin
CENTURY 21 Shutters & Sails
Agent Contact: (860) 980-1278 Office Contact: (860) 331-1510
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 119 Lincoln Ave
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
C.B. Jennings International Elementary Magnet 50 Mercer Street, New London, CT 06320 | PK-5 | 0.3 mi |
Winthrop STEM Elementary Magnet School 74 Grove Street, New London, CT 06320 | K-5 | 1 mi |
Harbor School 432 Montauk Avenue, New London, CT 06320 | PK-5 | 1.5 mi |
Bennie Dover Jackson Middle School 36 Waller Street, New London, CT 06320 | 6-8 | 0.3 mi |
New London Visual and Performing Arts Magnet School 36 Waller Street, New London, CT 06320 | 6-11 | 0.3 mi |
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 0.6 mi |
Science and Technology Magnet School of Southeastern Connecticut 20 Chester Street, New London, CT 06320 | 6-12 | 0.6 mi |
Nathan Hale Arts Magnet School 37 Beech Drive, New London, CT 06320 | K-5 | 2.5 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 119 Lincoln Ave
Estimate the Cost
Estimate the Cost for 119 Lincoln Ave
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 1,776Sq. Ft.
Listed by Joe Simmons (860) 857-4377
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 5Total Baths
- 3,226Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 1Bed
- 1Total Bath
- 799Sq. Ft.
- Single Family
- Active
- Updated 7 days ago
- 3Beds
- 2Total Baths
- 1,183Sq. Ft.
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119 Lincoln Avenue, New London, CT 06320 (MLS# 24203018) is a Multi-Family property with 6 units containing 6 bedrooms and 6 full bathrooms. 119 Lincoln Avenue is currently listed for $949,900 and was received on September 07, 2026. Want to learn more about 119 Lincoln 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.