Property Description
Mixed-use property with 4 commercial units and 6 apartments located in the heart of downtown New London. This 17,378 SF, 3 story building has 4 commercial units in 3,942 SF on the ground level SF commercial and 6 apartments on the 7,884 SF second and third floors. There is a 3,942 SF basement. NOI approximately $117,227. Two of the commercial units are recently available so there is room to increase NOI. Contact office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 147 Bank Street for a total of 6 commercial units and 17 Apartments.
Features
- Heating System:
- Heat Pump
- Cooling System:
- Split System
- Basement:
- Full, Unfinished
- Foundation Type:
- Masonry
- Heat Fuel Type:
- Natural Gas
- Exterior Siding:
- Brick
- Fireplaces Total:
- 0
- Parking Total Spaces:
- 0
- Hot Water Description:
- Other
- Lot Description:
- Level Lot
- Water Source:
- Public Water Connected
Address Map
- Street:
- Bank
- Street Number:
- 153
- Floor Number:
- 0
- Longitude:
- W73° 53′ 38.2”
- Latitude:
- N41° 21′ 47.3”
MLS Addon
- Office Name:
- U.S. Properties Real Estate Services, LLC
- Agent Name:
- Constance Howard
- List Agent MLSID:
- HOWARDCC
- List Office MLSID:
- THAM60
- Tax Year:
- July 2025-June 2026
- Directions:
- GPS friendly.
- Elementary School:
- Per Board of Ed
- High School:
- Per Board of Ed
- HOA Fee Amount:
- $0
- Parcel Number:
- 1999801
- Property Tax:
- $17,686
- Zoning:
- CBD-1
Multi-family For Sale
153 Bank, New London, 06320
6 Bedrooms
6 Bathrooms
12,470 Sqft
$2,450,000
Listing ID #24159459
Basic Details
- Property Type :
- Multi-family For Sale
- Listing Type :
- For Sale
- Listing ID :
- 24159459
- Price :
- $2,450,000
- Bedrooms :
- 6
- Baths Total :
- 6
- Bathrooms :
- 6
- Half Bathrooms :
- 0
- Square Footage :
- 12,470 Sqft
- Year Built :
- 1927
- Lot Area :
- 0.18 Acre
- City:
- New London
- Zipcode:
- 06320
- Property Sub Type :
- 5 Family+
- Style :
- Units on different Floors
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
- Ben Keeney
- View website
- 203-313-0013
- 866-886-0013
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