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6 Beds
6 Baths
12,470 sqft

$1,725,000

153 Bank Street, New London CT, 06320

Price per sqft$138.33
Built in1927
Property size12,470 sqft
Property typeMulti-family

Overview

Active

Listed Mar 13, 2026

Updated 21h ago

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.

$11,476/mo

Est. mortgage payment based on a $1,725,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
24159459

Interior Features

Bedrooms
6
Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$17,989
Tax Frequency
Annually
MLS provider logo

Listed by Constance Howard with U.S. Properties Real Estate Services, LLC (615) 293-3878

The IDX display contains information sourced from SmartMLS, Inc. as of 10/2/2026. This information is for personal, non-commercial use only and may not be used for any purpose other than identifying properties the viewer may be interested in purchasing. MLS data is generally considered reliable but is not guaranteed accurate by the MLS. Buyers are responsible for verifying all information and should conduct their own investigation or consult a professional. Some MLS data may have been provided by sources other than the listing agent. Unless stated in writing, the Broker/Agent has not verified information obtained from outside sources. The Broker/Agent may or may not have been the listing and/or selling agent, and cannot guarantee the accuracy of any property location shown on a map. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 10/2/2026 at 3:20 AM UTC.

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