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Key Details
Sold Price $510,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,983 sqft
Price per Sqft $63
MLS Listing ID 24039939
Sold Date 10/01/24
Full Baths 5
Half Baths 2
Year Built 1970
Annual Tax Amount $7,156
Lot Size 0.280 Acres
Property Description
Welcome to 425 Montauk Ave, New London CT. This mixed use property is completely leased and ready for its new owner to take this money maker to the next level. With 3 residential units and 2 commercial offices, this is sure to fit your business portfolio goals. With the location in the heart of New London and on a high traffic road, the business side of things will receive high exposure. Walking distance to Yale New Haven Lawrence and Memorial Hospital, Electric Boat, Ocean Beach and downtown attractions, this will sure to be a draw for residential tenants. Take a drive by and see for yourself and then schedule a viewing
Location
State CT
County New London
Zoning Commercial
Interior
Heating Baseboard
Cooling Central Air, Zoned
Exterior
Parking Features Paved, Off Street Parking
Utilities Available Electric, Gas, Telephone, Fire Suppression System
Roof Type Asphalt Shingle
Building
Lot Description Dry, Cleared
Story 2
Sewer Public Sewer Connected
Water Public Water Connected
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Bought with Richard Bates • CENTURY 21 Shutters & Sails