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$705,000
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Property Description
INVESTOR ALERT!!!! Huge 8 unit multi-family home situated on a corner lot with city views and easy assess to Electric Boat, Yale New Haven Hospital and Mitchell College. This fully rented out building boasts over $54,000 in income in 2022. This well cared for home features six 1 bedroom/1 bathroom, one 2 bedroom/1 bathroom and one Studio apartment. Five out of the eight units have been completed renovated with fresh paint, refinished floors, new cabinets and counters, tiled backsplashes, new appliances and remodeled bathrooms. All units but one include heat and hot water in the rents. The main floor coin operated laundry area convenience for the tenants and boast around $1000 added income annually. This lovely home also features a 2 car detached garage and a full unfinished basement. All units are rented and up to date on all rents. Home is on the SEAT bus line. If you're looking to build your real estate portfolio don't miss this fantastic property.
Full Property Details
Full Property Details for 179 Montauk Ave
General
- Sold For: $705,000
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 170572442
- Added to Site: 1, 006 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Other Rooms
- Laundry: Coin Op Laundry, Common Laundry Area
Exterior
- Exterior Features: Gutters
- Color: Gray
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking: Detached Garage, Driveway, On Street Parking
Location
- County: New London
- Driving Directions: On the corner of Montauk and Blydenburg.
School Information
- Elementary School: Per Board of Ed
- Middle School: Per Board of Ed
- Intermediate School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator, Steam, Oil
- Heating Fuel: Oil
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Other
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full With Hatchway, Unfinished, Concrete Floor, Hatchway Access
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 4,360
- Above Ground: 4,360 Sq. Ft.
- Year Built: 1903
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: 2
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.24
- Driveway/Sidewalk: Other
- Zoning: RES/MU
- Lot Description: Corner Lot, Level Lot
Water Features
- Water Front Desc.: River, Beach, Walk to Water
Financial Considerations
- Assessment Amount: $227,850
Disclosures and Reports
- Property ID: 1999073
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Schools
Schools serving 179 Montauk Ave
School District:New London School District
| Name | Grades | Distance |
|---|---|---|
New London High School 20 Chester Street, New London, CT 06320 | 9-12 | 1.4 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 179 Montauk Ave
Date
Details
Price
Change
Source
8/25/2023
Sold
$705,000
0.71%
MLS
5/26/2023
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
179 Montauk Avenue, New London, CT 06320 (MLS# 170572442) is a Multi-Family property that was sold at $705,000 on August 25, 2023. This property was listed by Scott Pellerin from our East Lyme/Mystic Office.Want to learn more about 179 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.


