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.
For sale
$1,725,000
153 Bank Street, New London, CT 06320
6beds
12,470sqft
Multi Family
Built in 1927
-- sqft lot
$-- Zestimate®
$138/sqft
$-- HOA
What's special
- 187 days
- 220
- 12
Zillow last checked:
Listing updated:
Listed by:
Constance Howard (615)293-3878,
U.S. Properties Real Estate Services, LLC 860-437-0101
Source: Smart MLS,MLS#: 24159459
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Heat Pump, Natural Gas
Cooling
- Ductless
Appliances
- Included: Water Heater
Features
- Basement: Full,Unfinished
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 12,470
- Total interior livable area: 12,470 sqft
- Finished area above ground: 12,470
Property
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 7,840 Square Feet
- Features: Level
Details
- Parcel number: 1999801
- Zoning: CBD-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Masonry
- Roof: Other
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New London
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $640,400
- Annual tax amount: $17,989
- Date on market: 3/13/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Price change | $1,725,000-29.6%$138/sqft |
Source:  Smart MLS #24159459 Report a problem | ||
| 3/13/2026 | Listed for sale | $2,450,000$196/sqft |
Source: Smart MLS #24159459 Report a problem | ||
| 8/12/2021 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 7/13/2021 | Listed for rent | $1,500 |
Source: RE/MAX International #170418912 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
