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MLS 24203018 For Sale Updated September 9, 2026
119 Lincoln Avenue

New London, Connecticut 06320

$949,900
On market 1 day
119 Lincoln Avenue
1 / 39

About This Property

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

Interior

Heat
Baseboard,Hot Water — Oil
Cooling
Window Unit

Exterior & Lot

Roof
Asphalt Shingle
Construction
Construction
Exterior Features
Deck Lighting
Lot Description
Corner Lot Level Lot
Garage & Parking
Off Street Parking

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

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

119 Lincoln Avenue

New London , Connecticut 06320

$949,900

On market 1 day

Beds
6
Baths
6
SqFt
4,134
Type
Multi-Family
County New London
Garage -
Rooms -
Lot Size 0.30 Acres
Property Tax $7,593
Assessed Value $280,200
Year Built 1975
Style Other
Zoning R-2
Parking Spaces 6

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
Open the full mortgage calculator →

Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: SHTR61.

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