12,470 SF 5 Family+

multifamily

12,470 SF 5 Family+

153 Bank Street
New London, Connecticut 06320

Price

$1,725,000

Price/SF

$138.33/SF

Building Size

12,470 SF

Lot Size

0.18 acres

Year Built

1927

Units

6

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.

Additional Details

Zoning

CBD-1

MLS Number

24159459

Property ID

2c488bf1-3efe-41a2-9a8b-e26e014cd34c

MLS Information

MLS#: 24159459

Listed by: U.S. Properties Real Estate Services, LLC

Agent: Constance Howard • (615) 293-3878 • chowardusp@gmail.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.

Interested?

Contact us to learn more about this property and schedule a showing.

Request InformationSchedule Showing

Share This Listing