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Presented by Mary Vi Homes Connecticut
ViBergman, LLC
Licensed in CT as ViBergman, LLC Real Estate Connecticut

119 Lincoln, New London, CT

$899,900

6 bedrooms6 full bathrooms4,134 square feet
T. 860-662-6493 text | call
Hello@MaryViHomes.com
Mary Vi crest
119 Lincoln, New London, CT

Overview

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.

Property Details

MLS Number 24203018
List Price 899900
Status Active
Property Type Multi-Family For Sale
Property Sub Type 5 Family+
Beds Total 6
Baths Full 6
Baths Half 0
Total Rooms 18
Acres 0.3
Year Built 1975
Living Area SQFT Per Public Record 4134
Garage & Parking Off Street Parking
Style Other
Basement Description None
Fireplaces Total 0
Heat Type Baseboard,Hot Water
Heat Fuel Type Oil
Cooling System Window Unit
Water Source Public Water Connected
Sewage System Public Sewer Connected
Direct Waterfront YN 0
Waterfront Description Not Applicable
Days on Market 40
T. 860-662-6493 text | call
Hello@MaryViHomes.com
Mary Vi crest
119 Lincoln, New London, CT

If you are interested in this property or would like to learn more, please contact Mary Vi Homes Connecticut at Hello@MaryViHomes.com or by calling 860-662-6493.