About 153 Bank Street
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.
Features of 153 Bank Street
| MLS® # | 24159459 |
|---|---|
| Price | $2,450,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 12,470 |
| Acres | 0.18 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Units on different Floors |
| Status | Active |
Community Information
| Address | 153 Bank Street |
|---|---|
| Area | N/A |
| City | New London |
| County | New London |
| State | Connecticut |
| Zip Code | 06320 |
Amenities
| Is Waterfront | No |
|---|---|
| Waterfront | View |
| Has Pool | No |
Interior
| Heating | Heat Pump, Natural Gas |
|---|---|
| Cooling | Split System |
| Fireplace | No |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Level Lot |
| Roof | Other |
| Foundation | Masonry |
School Information
| Elementary | Per Board of Ed |
|---|---|
| High | Per Board of Ed |
Additional Information
| Date Listed | March 13th, 2026 |
|---|---|
| Days on Market | 27 |
| Zoning | CBD-1 |
| RE / Bank Owned | No |
Listing Details
| Office | U.S. Properties Real Estate Services, LLC |
|---|