153 Bank Street
New London, CT 06320
6
Bed
6
Bath
12,470Sqft
0.18Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 6 Full Baths: 6Room Information
Rooms Total: 6 Has Basement: Yes Basement: Full, Unfinished -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Heat Pump
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Building Information
Year Built: 1927 Building Area Total: 12470 Construction Materials: Brick Private Pool: No View: Water
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Lot Information
Lot Size Acres: 0.18 Lot Description: Level
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Listing Price Information
Listing Price: $1725000 Original Price: $2450000
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Tax Information
Parcel Number: 1999801 Annual Tax: $17686
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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 |
|---|---|---|---|---|---|
| 53-55 Bank Street, New London, CT, 06320 | $1,625,000 | 5 | -- | 7,668 | 7,668 SqFt |
| 147 Bank Street, New London, CT, 06320 | $1,350,000 | 3 | 3 | 8,701 | 8,701 SqFt |
| 35 Union Street, New London, CT, 06320 | $13,000,000 | 61 | 81 | 75,075 | 75,075 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 | $525,000 | 5 | 4 | 2,478 | 2,478 SqFt |
| 57 Garfield Avenue, New London, CT, 06320 | $350,000 | 4 | 2 | 2,244 | 2,244 SqFt |
| 49 Chappell Street, New London, CT, 06320 | $550,000 | 6 | 4 | 5,000 | 5,000 SqFt |
Similar Multifamily To 153 Bank Street
Nearby For Sale
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ByOwner last updated this listing 07/18/2026 @ 05:05
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