153 Bank Street, New London, CT 06320 (MLS # 24159459)

Price $2,450,000
Status Active
Beds 6
Baths 6 Baths
Home size 12,470 sqft
Lot Size 7,841 sqft
Days on Market 35
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 Type(s): Multi Family
Last Updated 3/13/2026 Year Built 1927
County New London

SCHOOLS

Elementary School Per Board of Ed
High School Per Board of Ed

Additional Details

BASEMENT Full, Unfinished, Yes
CONSTRUCTION Brick
HEAT Heat Pump, Natural Gas
LOT 7841 sq ft
LOT DESCRIPTION Level
SEWER Public Sewer
STYLE Units on different Floors
TAXES 17686
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
ZONING CBD-1

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Scott Bayne to contact you even if your name is on a Federal or State "Do not call List".
Listing courtesy of U.S. Properties Real Estate Services, LLC
Copyright Smart MLS. All rights reserved. Information is deemed reliable but not guaranteed to be accurate.

This IDX solution is (c) Diverse Solutions 2026.

Email a Friend