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88 Riverview Avenue, New London, CT 06320

Multi-Family For Sale · 4 Family

$725,000
$229/sqft
88 Riverview Avenue, New London, CT
Active
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6
Bedrooms
5
Bathrooms
3,168
Sq Ft
0.23
Acres
1900
Year Built

About This Home

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.

Listed by Ferdinand Giacinto (860) 912-0694 with RE/MAX on the Bay (860) 739-0888

Listing Snapshot

Price $725,000 Days on Our Site 38 days
Property Tax $5,358/yr Style Units on different Floors
Year Built 1900 Total Sq Ft 3,168
Lot Size 0.23 acres HOA Fees N/A
Bedrooms 6 Full Bathrooms 4
Total Rooms 18 Half Baths 1

Structure & Parking

Construction Frame
Roof Asphalt Shingle

Systems & Utilities

Heat Steam
Fuel Gas In Street
Cooling None
Hot Water Other
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
High New London

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $447/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Sep 22, 2026 Listed $725,000

Frequently Asked Questions

How much does 88 Riverview Avenue in New London, CT cost?
This property is listed at $725,000, which works out to $229 per square foot.
How many bedrooms does 88 Riverview Avenue have?
This home has 6 bedrooms and 5 bathrooms.
What is the square footage of 88 Riverview Avenue?
The home is 3,168 square feet, situated on 0.23 acres.
When was 88 Riverview Avenue in New London built?
This property was built in 1900.
Is 88 Riverview 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 88 Riverview 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 88 Riverview 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

Ferdinand Giacinto · (860) 912-0694

RE/MAX on the Bay · (860) 739-0888

MLS# 24202717 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Sep 22, 2026 7:57 PM UTC