153 Bank St, New London, CT 06320

$1,725,000
17,378
SqFt
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List Price
$1,725,000
Status
ACTIVE
MLS#
24150715
Price Change
▼ $725,000 1777324247
Year Built
1927
Acres
0.18
Living Area
17,378
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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 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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Additional Information

Taxes
$17,989
Lot Size
7,840
Heating
Heat Pump
Cooling System Type
Ductless Mini-Split
Water Source
Public
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Listing courtesy of Constance Howard from U.S. Properties Real Estate Services, LLC. (615) 293-3878 (860) 691-2011