8,701 SF 3 Family

multifamily

8,701 SF 3 Family

147 Bank Street
New London, Connecticut 06320

Price

$1,350,000

Price/SF

$155.15/SF

Building Size

8,701 SF

Lot Size

0.09 acres

Year Built

1900

Units

4

Property Description

Fully leased, mixed-use property located in the heart of downtown New London. This 11,894 SF, 2 story building has a 3,193 SF commercial space on the 1st floor and 3 apartments on the 5,508 SF second floor. There is a 3,193 SF basement. The apartments have high ceilings, large windows and beautiful views of the Thames River. Building was fully renovated in 2017. NOI approximately $76,536. Contact office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 153 Bank Street for a total of 6 commercial units and 17 Apartments.

Additional Details

Zoning

CBD-1

MLS Number

24159494

Property ID

a965734b-db92-4172-addc-64a25ce7f197

MLS Information

MLS#: 24159494

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.

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