REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 525,000
Est. payment /mo
New
28 Ocean Avenue New London, CT 06320
7 Beds
3 Baths
2,170 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,170 sqft
Price per Sqft $241
MLS Listing ID 24205317
Style Units on different Floors
Bedrooms 7
Full Baths 3
Year Built 1883
Annual Tax Amount $3,574
Lot Size 3,920 Sqft
Property Sub-Type 2 Family
Property Description
Turnkey 2-family investment in New London - currently tenant-occupied and cash-flowing from day one. This 1883-built property offers 2,170 sq ft across two units with 4 bedrooms and 3 full baths total, each unit featuring an updated kitchen with stainless steel appliances and its own layout for easy tenant turnover. Low annual taxes (approx. $3,574) and efficient natural gas forced hot water heat keep operating costs down, while off-street parking adds tenant appeal in a dense coastal neighborhood. Set minutes from New London's waterfront, marinas, downtown shops and restaurants, Amtrak/Shore Line East rail, and major regional employers including the Naval Submarine Base and U.S. Coast Guard Academy - a location that consistently drives strong, steady rental demand. Outdoor space includes a fenced, tree-shaded backyard and deck, adding value beyond the units themselves. Whether you're expanding a rental portfolio or purchasing as an owner-occupant to offset your mortgage with in-place tenant income, this well-located multi-family delivers immediate returns with long-term upside in a growing waterfront market. Schedule your showing today and see the numbers for yourself.
Location
State CT
County New London
Zoning C-1
Rooms
Basement Full, Unfinished, Full With Hatchway
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Chaz Koch • William Raveis Real Estate
GET MORE INFORMATION
Oriel Hayer
Agent License ID: RES.0827300