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$949,900
6 Beds 6 Baths ACTIVE Status 24203018 MLS
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.

119 Lincoln Ave, New London

$1,700,000
20 Beds 12 Baths ACTIVE Status 24198075 MLS
Excellent value-add opportunity at 80-82 Maple Avenue, New London. This 12-unit apartment building is already well into a substantial renovation program. Eight units are renovated and/or in good condition, one unit is currently being renovated, and three units are gutted or under construction, providing an investor with clear upside through completion of the remaining renovations and further stabilization of the property. Built in 1925, the property offers approximately 8,732 SF of building area / 10,555 SF gross area on approximately 0.34 acres (14,810 SF). Features include two stories, a 2,877 SF basement, gas-fired hot-water heat, asphalt-shingle mansard roof, shingle exterior and open porch. Public records identify the property as a 12-unit apartment building. Excellent New London location near the Thames River waterfront, downtown New London, Waterfront Park, Cross Sound Ferry and the city's intermodal transportation center, providing access to ferry, rail and bus transportation. New London's waterfront and downtown offer restaurants, entertainment, arts, recreation and waterfront activities, while nearby conveniences include Lawrence + Memorial Hospital, shopping, grocery stores and major roadways. The property also has a reported Walk Score of 92. Ideal for investors seeking a partially renovated multifamily asset with significant improvements already completed and additional value-add potential through completion of the remaining units. Property, unit conditi

82 Maple Ave, New London

$13,000,000
61 Beds 81 Baths ACTIVE Status 24184169 MLS
Rare opportunity to own The Crocker House, a landmark mixed-use investment property anchoring the corner of Union and State Streets in downtown New London. Originally constructed in 1872 as a five-story luxury hotel and thoughtfully maintained over the years, this iconic red-brick building offers three distinct income streams under one roof: 81 residential apartments (studios, one- and two-bedroom units), 7 ground-floor commercial spaces, and a beautifully restored Grand Ballroom. Recent improvements include updated kitchens, modern flooring, elevator service to all floors, and convenient on-site laundry facilities on every level. Select upper-floor apartments offer sweeping views of the Thames River and downtown harbor. Ideally situated just steps from Union Station (Amtrak and Shore Line East), the waterfront, and City Pier, the property is also minutes from General Dynamics Electric Boat, the U.S. Coast Guard Academy, Pfizer, and Connecticut College. Located within the historic downtown district of New London, The Crocker House represents a true trophy asset blending diversified income, long-term investment stability, and irreplaceable historic character in one of southeastern Connecticut's most recognizable buildings.

35 Union St, New London

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