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13 photos
Additional details
$1,725,000
Est. payment /mo
6 Beds
6 Baths
12,470 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 12,470 sqft
Price per Sqft $138
MLS Listing ID 24159459
Style Units on different Floors
Bedrooms 6
Full Baths 6
Year Built 1927
Annual Tax Amount $17,686
Lot Size 7,840 Sqft
Property Sub-Type 5 Family+
Property Description
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.
Location
State CT
County New London
Zoning CBD-1
Rooms
Basement Full, Unfinished
Interior
Heating Heat Pump
Cooling Split System
Exterior
Waterfront Description View
Roof Type Other
Building
Lot Description Level Lot
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Listed by Constance Howard • U.S. Properties Real Estate Services, LLC
Nearby School & Business
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