88 Riverview Avenue
Property Description
Turn-key 4-family investment opportunity with all four units currently occupied by clean, established, paying tenants. This property has been well maintained and offers an investor the opportunity to step into an income-producing property from day one. Situated on a beautiful corner lot and conveniently located near Electric Boat, the Naval Submarine Base, Lawrence + Memorial Hospital, shopping, highways, and other major area employers, this is a location that continues to benefit from strong rental demand. Tenants pay their own heat, hot water, and electricity, helping keep owner expenses down. On-site coin-operated laundry provides an additional source of income. With all four units rented and major employers nearby, this property offers a solid opportunity for an investor looking to add an established multi-family to their portfolio. Conveniently situated 10 minutes from Niantic & Groton, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's central CT shoreline location is Midway between New York and Boston, offering easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports. No trespassing. PLEASE DO NOT ENTER OR WALK THE PROPERTY WITHOUT A SCHEDULED APPOINTMENT. Property is fully occupied.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $725,000 |
| Year Built: | 1900 |
| Lot Size: | 3,168.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 5 |
ID: 3yd-CTMLS-24202717
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