147 Bank Street, New London, CT 06320

New London
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
147 Bank Street,New London, CT 06320
$1,350,000
  • 3 Beds
  • 3 Baths
  • 8,701 sq. ft.
  • Multi-family
  • Active
Listed by: constance howard(615) 293-3878
Office: u.s. properties real estate services, llc(860) 691-2011
MLS#:24159494
Source:CT

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$155.15

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:24159494
  • Added:61 day(s) ago
  • Updated:May 14, 2026 at 11:30 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:12
  • Basement Description:Full Basement, Unfinished
  • Living area:8,701 sq. ft.

Heating and cooling

  • Cooling:Split System
  • Heating:Heat Pump

Structure and exterior

  • Year built:1900
  • Building area:8,701 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Level Lot
  • Construction Materials:Brick

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$155.15
  • Tax amount:$13,272 (July 2025-June 2026)
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