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179 Montauk AvenueNew London, CT 06320MLS Number 170171548

  • Sale Price: $450,000The price has recently decreased
  • 294 Days Since Sale
Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 2.87% last updated on 2020-09-17

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Listed by Mary Poola of William Raveis Real Estate

Listing Sold by Coldwell Banker Realty
179 Montauk New London CT 06320
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  • $450,000List Price
  • 6Bedrooms
  • 6Bathrooms
  • 0.24Acreage
Investor alert!! 8 unit multi family on spacious corner lot blocks from EB and L&M!! Detached two car garage is more for storage,newer roof, but could be restored for car use. Well maintained by current owner for over 20 years. All units but one include heat and hot water in the rents. Over $6700 in monthly income, expenses are less than 2k per month, notable return here. No two units are the same in layout. There are 6 one bdrm units, 1 studio , and 1 2 bdrm. unit. All are rented. All units have leases/security. Full basement- great area for coin op washer/dryer - easy addition. Mechanicals are serviced and in good order. Over 4000 sq ft, side and front ingress and egress. Most units are in nice shape outside of tenant housekeeping. Home is on the SEAT bus line.

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Market Realty, LLC

Your Local Office

Market Realty, LLC
28 Cottrell St
Mystic CT, 06355

Office: 860.572.1155

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More Info

Basic Information

  • StatusSLD
  • List Price$450,000
  • Square Feet4,360
  • HoaNo
  • Lease purchaseNo
  • Units8
  • Net operating income49552
  • Sale Date12/04/2019
  • Sale Price$450,000
  • Sale AgentPELLERINS
  • Property subtype5 Family+
  • Sale OfficeCBRB61
  • Property TypeMulti-Family For Sale
  • Acreage0.24
  • MLS Number170171548


  • Rooms total multifamily18
  • RoofAsphalt Shingle


  • ColorGrey
  • Exterior sidingVinyl Siding

Water Body

  • Waterfront DescriptionNot Applicable


  • Bank owned propertyNo


  • Radon mitigation airNo
  • Radon mitigation waterNo
  • Space is leasedNo
  • Offmarket date11/12/2019
  • View Count31

Tax Information

  • Milrate base39
  • Milrate total39.9
  • Taxes$9,091
  • Tax YearJuly 2019-June 2020
  • Assessed value$227,850


  • Bedrooms6
  • Bathroom6
  • Year Built1903
  • Garage Spaces2
  • Property StyleUnits on different Floors
  • Energy FeaturesProgrammable Thermostat
  • FoundationConcrete
  • Garage Parking InfoDetached Garage
  • New construction typeNo
  • AtticYes
  • Attic descriptionAccess Via Hatch
  • BasementFull With Hatchway, Unfinished
  • Full Bath6


  • AmenitiesHealth Club, Library, Medical Facilities, Public Transportation, Walk to Bus Lines

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolNew London


  • Laundry room infoNone


  • StateCT
  • Zip06320
  • CountyNew London


  • Lot DescriptionCorner Lot, Level Lot
  • Driveway TypeCement, Other
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame


  • Water sourcePublic Water Connected
  • Cooling SystemNone
  • Hot water descriptionNatural Gas
  • Heating FuelOil
  • Fuel tank locationIn Basement
  • Heat SystemRadiator
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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