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$725,000 88 Riverview, New London, CT

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$725,000

88 Riverview, New London, CT

6 bedrooms4 full bathrooms, 1 half bathroom3,168 square feet
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Overview

Turn-key 4-family investment opportunity with all four units currently occupied by clean, established, paying tenants. This property has been well maintained and offers an investor the opportunity to step into an income-producing property from day one. Situated on a beautiful corner lot and conveniently located near Electric Boat, the Naval Submarine Base, Lawrence + Memorial Hospital, shopping, highways, and other major area employers, this is a location that continues to benefit from strong rental demand. Tenants pay their own heat, hot water, and electricity, helping keep owner expenses down. On-site coin-operated laundry provides an additional source of income. With all four units rented and major employers nearby, this property offers a solid opportunity for an investor looking to add an established multi-family to their portfolio. Conveniently situated 10 minutes from Niantic & Groton, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports.

Property Details

Property Details

MLS Number 24202717
List Price 725000
Status Active
Property Type Multi-Family For Sale
Property Sub Type 4 Family
Beds Total 6
Baths Full 4
Baths Half 1
Total Rooms 18
Acres 0.23
Year Built 1900
Living Area SQFT Per Public Record 3168
Style Units on different Floors
Basement Description Full,Unfinished,Storage,Walk-out,Concrete Floor
Fireplaces Total 0
Heat Type Steam
Heat Fuel Type Gas In Street
Cooling System None
Water Source Public Water Connected
Sewage System Public Sewer Connected
Direct Waterfront YN 0
Waterfront Description Not Applicable
Days on Market 25

Courtesy of Ferdinand Giacinto RE/MAX on the Bay. Source: SmartMLS. © 2026.

Listing information is provided by SmartMLS.

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