$705,000
SOLD AUG 25, 2023

179 Montauk Ave New London, CT 06320

Willetts Neighborhood
7 Beds
6 Baths
4,360 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

1% Above List Price

12 Days on Market

Highlights

  • Beach Front
  • Attic
  • No HOA
  • Property is near public transit
  • Corner Lot
  • 4-minute walk to Fort Trumbull State Park and Museum

About This Home

As of August 2025

INVESTOR ALERT!!!! Huge 8 unit multi-family home situated on a corner lot with city views and easy assess to Electric Boat, Yale New Haven Hospital and Mitchell College. This fully rented out building boasts over $54,000 in income in 2022. This well cared for home features six 1 bedroom/1 bathroom, one 2 bedroom/1 bathroom and one Studio apartment. Five out of the eight units have been completed renovated with fresh paint, refinished floors, new cabinets and counters, tiled backsplashes, new appliances and remodeled bathrooms. All units but one include heat and hot water in the rents. The main floor coin operated laundry area convenience for the tenants and boast around $1000 added income annually. This lovely home also features a 2 car detached garage and a full unfinished basement. All units are rented and up to date on all rents. Home is on the SEAT bus line. If you’re looking to build your real estate portfolio don’t miss this fantastic property.

Last Agent to Sell the Property

Scott Pellerin

Coldwell Banker Realty License #RES.0784146 Listed on: 05/26/2023

Coldwell Banker Realty

Last Buyer's Agent

Ferdinand Giacinto

RE/MAX on the Bay License #RES.0257400

RE/MAX on the Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,485

Year Built

  • Built in 1903

Lot Details

  • 10,454 Sq Ft Lot
  • Beach Front
  • River Front
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,360 Sq Ft Home
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Additional Features

  • Coin Laundry
  • Gross Income $81,554

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,485

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 4360
  • Public Record Living Room Sq Ft: 4360
  • Total Sq Ft: 4360
  • Year Built: 1903
  • Nearby Amenities: Basketball Court, Commuter Bus, Park, Playground/Tot Lot, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6977
  • Tax Year Updated Dt: 06/12/2023
  • Directions: On the corner of Montauk and Blydenburg.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Hatchway Access
  • Laundry Room Location: Coin Op Laundry 1st Floor
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: Yes
  • Street Number Modifier: 179

Exterior Features

  • Exterior Features: Gutters
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: River, Beach, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Driveway, On Street Parking
  • Garages Number: 2
  • Total Parking Spaces: 2

Utilities

  • Heat Type: Radiator, Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2400
  • Lot Description: Corner Lot, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RES/MU

Multi Family

  • Gross Annual Income: 81554
  • Net Operating Income: 54692
  • Unit Count: 6
  • Total Multi Family: 19
  • Total Num Of Units: 8

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 8485
  • Total Assessed Value: 227850
  • Mil Rate Base: 37.240
  • Mil Rate Total: 37.240
  • Assessor Parcel Number: 1999073

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $985,000 -9.2% $226 / Sq Ft
08/21/2025 08/21/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $1,085,000 0.0% $249 / Sq Ft
02/05/2025 02/05/25 Rented $1,295 0.0% --
02/02/2025 02/02/25 Under Contract -- -- --
01/28/2025 01/28/25 For Rent $1,295 +1.6% --
06/14/2024 06/14/24 Rented $1,275 0.0% --
05/22/2024 05/22/24 Under Contract -- -- --
05/16/2024 05/16/24 For Rent $1,275 0.0% --
08/25/2023 08/25/23 Sold $705,000 +0.7% $162 / Sq Ft
05/26/2023 05/26/23 For Sale $700,000 +55.6% $161 / Sq Ft
12/04/2019 12/04/19 Sold $450,000 0.0% $103 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $450,000 -7.2% $103 / Sq Ft
03/11/2019 03/11/19 For Sale $485,000 -- $111 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ferdinand Giacinto

    Seller's Agent in 2025

    Ferdinand Giacinto

    RE/MAX

    (860) 912-0694

    6 in this area

    86 Total Sales

    Ferdinand Giacinto
    Section Image
  • Dawn Field

    Seller's Agent in 2025

    Dawn Field

    RE/MAX

    (860) 908-2512

    3 in this area

    33 Total Sales

    Dawn Field
    Section Image
  • Wesley Krombel

    Buyer's Agent in 2025

    Wesley Krombel

    Real Broker CT, LLC

    (203) 427-1882

    1 in this area

    118 Total Sales

    Wesley Krombel
    Section Image
  • Scott Pellerin

    Seller's Agent in 2023

    Scott Pellerin

    Coldwell Banker Realty

    (860) 235-6345

    3 in this area

    226 Total Sales

    Scott Pellerin
    Section Image
  • Mary Poola

    Seller's Agent in 2019

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    5 in this area

    373 Total Sales

    Mary Poola
    Section Image
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Map

Source: SmartMLS

MLS Number: 170572442

SmartMLS
Connecticut New London County New London 06320 Willetts

179 Montauk Ave, New London, CT

This home is located at 179 Montauk Ave, New London, CT 06320 and is currently priced at $705,000, approximately $161 per square foot. This property was built in 1903. 179 Montauk Ave is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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