119 Lincoln Avenue, New London, Connecticut

$949,900

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6

Beds

6

Baths

4,134

Square feet

0.30

Acres

About 119 Lincoln Avenue

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.

Features of 119 Lincoln Avenue

MLS® # 24203018
Price $949,900
Bedrooms 6
Bathrooms 6.00
Full Baths 6
Square Footage 4,134
Acres 0.30
Type Multi-Family For Sale
Sub-Type 5 Family+
Style Other
Status Under Contract - Continue to Show

Community Information

Address 119 Lincoln Avenue
Area N/A
City New London
County New London
State Connecticut
Zip Code 06320

Amenities

Parking Spaces 6
Parking Off Street Parking
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Baseboard, Hot Water, Oil
Cooling Window Unit
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Other
Exterior Features Deck, Lighting
Lot Description Corner Lot, Level Lot
Roof Asphalt Shingle
Foundation Concrete, Slab

School Information

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

Additional Information

Date Listed September 7th, 2026
Days on Market 25
Zoning R-2
RE / Bank Owned No

Listing Details

OfficeCENTURY 21 Shutters & Sails

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Listing information last updated on October 3rd, 2026 at 9:29pm EDT.