153 Bank Street

New London, CT 06320

  • $2,450,000
  • 17,378 Sqft
  • 0.18 Acres
  • 1927 Built
  • $141 Price/Sqft

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 vacant so there is room to increase NOI. Call 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.

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Property Highlights
  • DAYS ON MARKET : 11
  • MLS : 24150715

Additional Information

ADDITIONAL INFORMATION
  • ACRES: 0.18
  • AREA TYPE: Downtown
  • IS OCCUPIED?: Vacant
  • LIVING AREA SQFT: 17,378
  • PROPERTY TAX: $17,686
  • ROAD FRONTAGE DESCRIPTION: Municipal Street
  • SEWER: Public Sewer Connected
  • TAX AMOUNT: $17,686
  • UNIT COUNT: 9
  • UTILITIES AVAILABLE: Electric Available, Gas Available, Phone Available
  • YEAR BUILT: 1927
  • ZONING: CBD-1
INTERIOR FEATURES
  • AIR CONDITIONING: Split System
  • COOLING: Split System
  • FURNACE TYPE: Natural Gas
  • HEAT: Natural Gas
  • HEAT FUEL: Natural Gas
  • LIVING SQFT SOURCE: Public Records
  • STORIES: 3
EXTERIOR FEATURES
  • ROOF: Tar/Gravel

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Location for 153 Bank Street, New London, CT

Community

New London>

New London

Shoreline, Connecticut

A historic whaling port, New London is a charming city located at the mouth of New London County’s Thames River and plays host each year to Sailfest. Its Ocean Park Beach is a prime destination for those...

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Request More Info for 153 Bank Street, New London, CT

  • William Pitt Sotheby's International Realty

Listing Courtesy of Constance Howard of ((615) 293-3878)U.S. Properties Real Estate Services, Llc (860.691.2011).