153 Bank Street New London, CT ^$ 2,450,000

153 Bank Street

^$ 2,450,000

Back to search

Recently Listed

153 Bank Street

New London, CT, 06320

^$ 2,450,000

Bedrooms6 Baths6.0 Sq 12,470

Monthly Estimate*

^$ 15,085

153 Bank Street, New London, CT 06320 - Image 1

Multi-Family Home for sale in New London, CT

for $2,450,000 with 6 bedrooms and 6 full baths. This 12,470 square foot home was built in 1927 on a lot size of 0.18.

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.

Multi-Family Active

Price

^$ 2,450,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 17,686

Style

Lot Size

0.18

Year Built

1927

Town/City

New London

MLS | Web ID

24159459

Features

General

Zoning CBD-1

Neighborhood N/A

County New London

Tax Year July 2025-June 2026

Property Type Multi-Family For Sale

Status Active

Acres 0.18

Directions GPS friendly.

High School Per Board of Ed

City New London

Elementary School Per Board of Ed

Sq Ft Total 12470

DOM 0

Year Built 1927

Style Units on different Floors

Year Built Source Public Records

Interior

Cooling System Split System

Total Number of Units 6

Total Rooms 6

Basement Description Full Unfinished

Exterior

Water Source Public Water Connected

Lot Description Level Lot

* Excluded Features

List By

Constance Howard

Listing Agent

U.S. Properties Real Estate Services, Llc

Broker

chowardusp@gmail.com

Affordability Calculator

$16,559

Per Month

Monthly Principal & Interest: $15,085
Monthly Property Taxes: $1,474
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in New London, CT

Average List Price ^$688,247

Percent of Sale Price 72%

About New London, CT

26,654 Population

4% Since 2002

^$37,286 Median Income

33.25 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3092524 Elementary School

1232933 Middle School

Per Board of Ed High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2026	$2,450,000		Listed Price

Map

More homes like this one

homes for you

See all

153 Bank Street, New London, CT, 06320 is a Multi-Family Home for sale at $2,450,000 with 12,470 sqft and a lot size of 0.18. 153 Bank Street has 6 bedrooms, 6.0 baths, and was built in 1927. The property's zip code is 06320 which is in New London, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

153 Bank Street

Multi-Family Home for sale in New London, CT

Affordability Calculator

Map

More homes like this one

Get more info about this home