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
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