153 Bank Street, New London, CT 06320

New London
Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
153 Bank Street,New London, CT 06320
$1,725,000
  • 6 Beds
  • 6 Baths
  • 12,470 sq. ft.
  • Multi-family
  • Active
Listed by: constance howard(615) 293-3878
Office: u.s. properties real estate services, llc(860) 691-2011
MLS#:24159459
Source:CT

Price summary

  • Price:$1,725,000
  • Price per sq. ft.:$138.33

About this home

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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Home facts

  • Year built:1927
  • Listing ID #:24159459
  • Added:243 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:6
  • Basement Description:Full Basement, Unfinished
  • Living area:12,470 sq. ft.

Heating and cooling

  • Cooling:Split System
  • Heating:Heat Pump

Structure and exterior

  • Year built:1927
  • Building area:12,470 sq. ft.
  • Lot area:0.18 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
  • Sewer:Public Sewer Connected

Finances and disclosures

  • Price:$1,725,000
  • Price per sq. ft.:$138.33
  • Tax amount:$17,989 (July 2026-June 2027)
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