147 Bank Street, New London, CT 06320 (MLS # 24159494)

Price $1,500,000
Status Active
Beds 3
Baths 3 Baths
Home size 8,701 sqft
Lot Size 3,921 sqft
Days on Market 35
Fully leased, mixed-use property located in the heart of downtown New London. This 11,894 SF, 2 story building has a 3,193 SF commercial space on the 1st floor and 3 apartments on the 5,508 SF second floor. There is a 3,193 SF basement. The apartments have high ceilings, large windows and beautiful views of the Thames River. Building was fully renovated in 2017. NOI approximately $76,536. Contact office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 53 Bank St and 153 Bank Street for a total of 6 commercial units and 17 Apartments.
Property Type(s): Multi Family
Last Updated 3/13/2026 Year Built 1900
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 3920 sq ft
LOT DESCRIPTION Level
SEWER Public Sewer
STYLE Units on different Floors
TAXES 13272
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
ZONING CBD-1

Location

 

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