Nest Seekers

What if your next investment started generating income on day one ?

119 Lincoln
New London, CT 06320

Listing

Web ID:5730726
Website:https://www.nestseekers.com/5730726

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 6
Area: 4134 sq ft

Financials

Price:$949,900
Annual Taxes:$7,593

Description

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.

Amenities

  • Deck
  • Elementary School - Per Board of Ed
  • High School - New London
  • Intermediate School -
  • Lighting
  • Window Unit

Contact

Greenwich, CT
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Phone: +1 203-204-9555
greenwich@nestseekers.com
Listing Courtesy of Valerie Levin of CENTURY 21 Shutters & Sails
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