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60 Ocean Avenue, New London, CT 06320

Multi-Family For Sale · 2 Family

$350,000
$183/sqft
60 Ocean Avenue, New London, CT
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4
Bedrooms
3
Bathrooms
1,911
Sq Ft
0.11
Acres
1900
Year Built

About This Home

A solid income-producing opportunity in the heart of New London. This well-maintained two-unit multifamily, built in 1900, offers nearly 1,900 square feet of living space across two separately occupied units with meaningful upside potential. The first-floor unit features a long-term, stable tenant on a month-to-month lease at below-market rent, presenting an immediate opportunity to increase cash flow through a lease renewal at current market values. The second-floor unit is leased through October 2026, providing short-term income certainty while you plan your next move. Both units offer spacious layouts, updated kitchens, and generous storage, including a finished walk-up attic. Situated in the Ocean Beach neighborhood, the property sits within walking distance of Ocean Beach Park, Mitchell College, Lawrence and Memorial Hospital, Downtown New London's Bank Street dining and shopping corridor, and the Cross Sound Ferry. Off-street parking and on-site laundry add everyday convenience for tenants. Whether you're a seasoned investor looking to optimize an existing portfolio or just ready to step into immediate cash flow, 60 Ocean Ave checks the boxes. With below-market rents on the first floor and a fixed lease in place upstairs, this property is positioned to grow.

Listed by Chaz Koch (860) 575-4962 with William Raveis Real Estate (203) 453-0391

Listing Snapshot

Price $350,000 Days on Market 33 days
Property Tax $3,550/yr Style Units on different Floors
Year Built 1900 Total Sq Ft 1,911
Lot Size 0.11 acres HOA Fees N/A
Bedrooms 4 Full Bathrooms 3
Total Rooms 7 Half Baths 0

Key Features

Outdoor
  • Porch
Nearby
  • Basketball Court
  • Commuter Bus
  • Golf Course
  • Medical Facilities
  • Playground/Tot Lot
  • Public Rec Facilities
  • Public Transportation
  • Shopping/Mall

Structure & Parking

Construction Frame,Concrete
Roof Asphalt Shingle
Garage Spaces 1
Garage Type Detached Garage, Driveway

Systems & Utilities

Heat Steam
Fuel Gas In Street
Cooling Split System, Wall Unit
Hot Water Natural Gas, 30 Gallon Tank
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
High New London

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $296/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Mar 13, 2026 Listed $350,000

Frequently Asked Questions

How much does 60 Ocean Avenue in New London, CT cost?
This property is listed at $350,000, which works out to $183 per square foot.
How many bedrooms does 60 Ocean Avenue have?
This home has 4 bedrooms and 3 bathrooms.
What is the square footage of 60 Ocean Avenue?
The home is 1,911 square feet, situated on 0.11 acres.
When was 60 Ocean Avenue in New London built?
This property was built in 1900.
Is 60 Ocean Avenue, New London, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 60 Ocean Avenue, New London in?
This home is served by the New London public school system, with Per Board of Ed as the elementary school and New London as the high school.
How do I schedule a tour of 60 Ocean Avenue, New London, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Chaz Koch · (860) 575-4962

William Raveis Real Estate · (203) 453-0391

MLS# 24158716 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Apr 15, 2026 6:59 PM UTC