$2,450,000

153 Bank Street, New London, CT 06320

  • 6 beds |
  • 6 baths |
  • 12,470 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $196/sqft
  • Property List Date Icon Listed 15 days ago

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.

Listing Status:
Active
Date Added:
March 13, 2026
Data Last Updated:
March 28, 2026 at 4:52PM
Listing Office:
U.S. Properties Real Estate Services, LLC : (860) 691-2011
Listing Agent:
Constance Howard : (615) 293-3878
MLS ID:
24159459
  • Basement: FullUnfinished
  • A/C: Split System
  • Heating: Heat PumpNatural Gas
  • Fireplace: Fireplaces: 0
  • Style: Units on different Floors
  • Roofing: Other
  • County: New London
  • Zoning: CBD-11999801
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Constance Howard , U.S. Properties Real Estate Services, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

C. B. Jennings Dual Language and International Elementary Magnet School

50 Mercer St, New London, CT, 06320

Grades PK-5

0.57 miles away

B

Bennie Dover Jackson International Education and Dual Language Middle School

36 Waller St, New London, CT, 06320

Grades 6-8

0.71 miles away

N

New London Visual & Performing Arts Magnet School

36 Waller St, New London, CT, 06320

Grades 6-11

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.