119 Lincoln Avenue New London, CT 06320
Listing Courtesy of: SMART MLS / Listed By: Valerie Levin, Century 21 Shutters & Sails - Contact:  (860) 980-1278

  119 Lincoln Avenue New London, CT 06320

Active
$949,900 (USD)
6
BED
6
BATH
4,134
SQFT
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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.

MLS #:
24203018
Taxes
$7,593(2026)
Lot Size
0.3 acres
Type
Multifamily
Year Built
1975
Style
Other
County
New London County

Listed By

Valerie Levin, Century 21 Shutters & Sails, Contact: (860) 980-1278
Source
SMART MLS
Last checked Sep 7 2026 at 8:19 PM GMT-0500
Bathroom Details
  • Full Bathrooms: 6
Lot Information
  • Level Lot
  • Corner Lot
Property Features
  • Foundation: Concrete
  • Foundation: Slab
Heating and Cooling
  • Baseboard
  • Hot Water
  • Window Unit
Exterior Features
  • Other
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Public Sewer Connected
  • Fuel: Oil
School Information
  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: New London
Garage
  • Off Street Parking
Living Area
  • 4,134 sqft
Additional Information: Shutters & Sails | (860) 980-1278
Location
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Disclaimer: The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc. Last Updated: 9/7/26 13:19
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