147 Bank Street
New London, CT 06320
3
Bed
3
Bath
8,701Sqft
0.09Acre(Lot)
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. Aerial Footage: https://tinyurl.com/147-153bankstreet
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 12 Has Basement: Yes Basement: Full, Unfinished -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Heat Pump
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Building Information
Year Built: 1900 Building Area Total: 8701 Construction Materials: Brick Private Pool: No View: Water
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Lot Information
Lot Size Acres: 0.09 Lot Description: Level
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Listing Price Information
Listing Price: $1350000 Original Price: $1500000
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Tax Information
Parcel Number: 1999800 Annual Tax: $13225
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School Information
Elementary School: Per Board of EdJunior High School:Senior High School: Per Board of Ed -
Location Information
Direction: GPS friendly. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 153 Bank Street, New London, CT, 06320 | $1,725,000 | 6 | 6 | 12,470 | 12,470 SqFt |
| 35 Union Street, New London, CT, 06320 | $13,000,000 | 61 | 81 | 75,075 | 75,075 SqFt |
| 35 Moore Avenue, New London, CT, 06320 | $479,900 | 6 | 3 | 1,950 | 1,950 SqFt |
| 205 Crystal Avenue, New London, CT, 06320 | $250,000 | 8 | 3 | 2,272 | 2,272 SqFt |
| 89 Hempstead Street, New London, CT, 06320 | $350,000 | 3 | 2 | 1,330 | 1,330 SqFt |
| 71 Blackhall Street, New London, CT, 06320 | $349,900 | 4 | 3 | 1,564 | 1,564 SqFt |
| 837 Bank Street, New London, CT, 06320 | $499,900 | 5 | 4 | 2,478 | 2,478 SqFt |
| 93 Squire & 0 Moran Str.., New London, CT, 06320 | $550,000 | 6 | 2 | 2,516 | 2,516 SqFt |
Similar Multifamily To 147 Bank Street
Nearby For Sale
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ByOwner last updated this listing 08/16/2026 @ 06:19
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