88 Riverview Avenue, New London, Connecticut

$725,000

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6

Beds

5

Baths

3,168

Square feet

0.23

Acres

About 88 Riverview Avenue

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.

Features of 88 Riverview Avenue

MLS® # 24202717
Price $725,000
Bedrooms 6
Bathrooms 5.00
Full Baths 4
Half Baths 1
Square Footage 3,168
Acres 0.23
Type Multi-Family For Sale
Sub-Type 4 Family
Style Units on different Floors
Status Active

Community Information

Address 88 Riverview Avenue
Area N/A
City New London
County New London
State Connecticut
Zip Code 06320

Amenities

Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Steam, Gas In Street
Cooling None
Fireplace No
Has Basement Yes
Basement Full, Unfinished, Storage, Walk-out, Concrete Floor

Exterior

Exterior Vinyl Siding
Lot Description Corner Lot, Level Lot, Sloping Lot
Roof Asphalt Shingle
Foundation Masonry, Stone

School Information

Elementary Per Board of Ed
High New London

Additional Information

Date Listed September 22nd, 2026
Days on Market 10
Zoning R-2
RE / Bank Owned No

Listing Details

OfficeRE/MAX on the Bay

Listing Map

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Listing information last updated on October 2nd, 2026 at 11:44pm EDT.