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119 Lincoln Avenue, New London, CT 06320

Multi-Family For Sale · 5 Family+

$949,900
$230/sqft
119 Lincoln Avenue, New London, CT
Active
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6
Bedrooms
6
Bathrooms
4,134
Sq Ft
0.3
Acres
1975
Year Built

About This Home

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.

Listed by Valerie Levin (860) 980-1278 with CENTURY 21 Shutters & Sails (860) 331-1510

Listing Snapshot

Price $949,900 Days on Our Site 8 days
Property Tax $7,593/yr Style Other
Year Built 1975 Total Sq Ft 4,134
Lot Size 0.3 acres HOA Fees N/A
Bedrooms 6 Full Bathrooms 6
Total Rooms 18 Half Baths 0

Key Features

Outdoor
  • Deck
  • Lighting

Structure & Parking

Construction Frame
Roof Asphalt Shingle
Garage Type Off Street Parking

Systems & Utilities

Heat Baseboard, Hot Water
Fuel Oil
Cooling Window Unit
Hot Water Oil, Domestic
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
Middle Per Board of Ed
High New London

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $633/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Sep 7, 2026 Listed $949,900

Frequently Asked Questions

How much does 119 Lincoln Avenue in New London, CT cost?
This property is listed at $949,900, which works out to $230 per square foot.
How many bedrooms does 119 Lincoln Avenue have?
This home has 6 bedrooms and 6 bathrooms.
What is the square footage of 119 Lincoln Avenue?
The home is 4,134 square feet, situated on 0.3 acres.
When was 119 Lincoln Avenue in New London built?
This property was built in 1975.
Is 119 Lincoln Avenue, New London, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 119 Lincoln Avenue, New London in?
This home is served by the New London public school system, with Per Board of Ed as the elementary school and New London as the high school.
How do I schedule a tour of 119 Lincoln Avenue, New London, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Valerie Levin · (860) 980-1278

CENTURY 21 Shutters & Sails · (860) 331-1510

MLS# 24203018 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Sep 7, 2026 6:23 PM UTC