314 Montauk Avenue New London Connecticut 06320

  • Listing Contract Date: 2022-06-02
  • MLS #: 170496564
  • Post Updated: 2022-06-04 14:00:05
  • Bedrooms: 6
  • Bathrooms: 4
  • Baths Full: 4
  • Area: 3970 sq ft
  • Year built: 1900
  • Status:
  • Type:


Welcome to 314 Montauk, a recently renovated 2 family with 3rd floor in-law (with potential for 3 units) in the heart of New London. With $45k/yr in gross income, this property could be perfect as an owner-occupied property or for any investor. The 1st floor unit is an open layout w/ 1,393sqft & includes 2 bedrooms, 2 bathrooms, hardwoods throughout, & tile countertops in the kitchen. The 2nd & 3rd floors were completely renovated in 2019 and have a collective 2,577sqft w/ an open sunlit layout, 4 bedrooms, 2 bathrooms, hardwood floors, granite countertops, high ceilings w/ recessed lighting, & partial water views of the Thames River. They also share an enclosed back porch, utilities, & laundry. This property also includes a large 2 car detached garage with plenty of storage. Additional updates include brand new siding in 2022, a 4yr old roof, 4yr old furnace, 3/4″ drywall with spray foam insulation in 2nd & 3rd floors for efficiency, & updated electrical throughout. This location is extremely convenient to Yale New Haven/L&M Hospital, Electric Boat, Mitchell College, several restaurants, public & private beaches, parks, & more! Please contact the listing agent directly for showing availability, and take a look at our virtual 3D tour links to see all this property has to offer: rem.ax/314Montauk1, /rem.ax/314Montauk2, & rem.ax/314Montauk3

  • Last Change Type: New Listing

Rooms&Units Description

  • Unit Count: 3
  • Total Numof Units: 2
  • Rooms Total Multi Family: 15
  • Laundry Room Info: Basement Hook-Up(s),Common Laundry Area,Hook-Up In Unit 2
  • Laundry Room Location: Basement & 2nd Floor Common Area

Location Details

  • County Or Parish: New London
  • Neighborhood: N/A
  • Directions: From I-95: Frontage Rd exit to Colman St. Left onto Bank St, right onto Montauk Ave. House is almost 1mi down Montauk on left, before the hospital.
  • Zoning: R-2
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Property Details

  • Lot Description: City Views,Water View
  • Parcel Number: 1998493
  • Sq Ft Est Heated Above Grade: 3970
  • Acres: 0.1500
  • Potential Short Sale: No
  • New Construction Type: No/Resale
  • Construction Description: Frame
  • Basement Description: Full With Walk-Out,Unfinished,Concrete Floor
  • Showing Instructions: Showings are limited to certain days/times of the week as to not inconvenience tenants. Showings will be available Friday 6/3 from 5pm-6:30pm, and Sunday 6/5 from 12pm-2pm. Please see ShowingTime for availability and schedule 15min blocks when available. Listing agent to be present.

Property Features

  • Energy Features: Programmable Thermostat,Storm Doors,Thermopane Windows
  • Nearby Amenities: Basketball Court,Library,Medical Facilities,Park,Playground/Tot Lot,Public Rec Facilities,Public Transportation,Shopping/Mall
  • Exterior Features: Porch,Porch-Enclosed,Sidewalk
  • Exterior Siding: Vinyl Siding
  • Style: Units on different Floors
  • Color: Green
  • Driveway Type: Paved
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Cooling System: None
  • Heat Type: Baseboard,Steam
  • Heat Fuel Type: Electric,Oil
  • Garage Parking Info: Detached Garage
  • Garages Number: 2
  • Water Source: Public Water Connected
  • Hot Water Description: Electric
  • Attic Description: Pull-Down Stairs
  • Waterfront Description: View
  • Fuel Tank Location: In Basement
  • Attic YN: 1
  • Sewage System: Public Sewer Connected


  • Property Tax: $ 5,645
  • Tax Year: July 2021-June 2022


  • Gross Annual Income: 45000
  • Gross Annual Expense: 10950
  • Net Operating Income: 34050
  • Possession Availability: Negotiable
  • Mil Rate Total: 37.950
  • Mil Rate Base: 37.950
  • Virtual Tour: https://my.matterport.com/show/?m=FdrywKr3rn2
  • Display Fair Market Value YN: 1

Courtesy of

  • Office Name: RE/MAX on the Bay
  • Office ID: RMBA60

This style property is located in is currently and has been listed on RE/MAX on the Bay. This property is listed at $ 475,000. It has 6 beds bedrooms, 4 baths bathrooms, and is 3970 sq ft. The property was built in 1900 year.

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