153 Bank St, New London, CT 06320

$1,725,000
6
BD
6
BA
12,470
SqFt
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List Price
$1,725,000
Status
ACTIVE
MLS#
24159459
Price Change
▼ $725,000 1777325451
Year Built
1927
Bedrooms
6
Bathrooms
6
Acres
0.18
Living Area
12,470
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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 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.

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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
Basement
Full, Unfinished
Elementary School
Per Board of Ed
High School
Per Board of Ed
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Listing courtesy of Constance Howard from U.S. Properties Real Estate Services, LLC. (615) 293-3878 (860) 691-2011