Mixed use property with 1 commercial unit and 8 apartments located in the heart of downtown New London.
| Website: | https://www.nestseekers.com/5271674 |
|---|---|
| Address: | 53 Bank New London, CT 06320 |
| Ownership: | Commercial |
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| Type: | Commercial |
| Area: | 10636 sq ft |
Financials
Price:$1,625,000
Annual Taxes:$23,446
Description
Mixed-use property with 1 commercial unit and 8 apartments located in the heart of downtown New London. This 10,636 SF, 3 story building has 1 commercial 2,556 SF unit on the ground level. Formerly 'Diamond Pizza' the restaurant space is currently available and turnkey-ready with F,F&E. There are 8 apartments on the 5,112 SF second and third floors. There is a 2,556 SF basement. NOI approximately $107,329. Room to increase NOI leasing the commercial unit which had been paying $3,075 / month. Call office for financials. Excellent investment property with stable cash flow. Property may be purchased as a package with 153 Bank St and 147 Bank Street for a total of 6 commercial units and 17 Apartments.
Amenities
- Elementary School -
- High School -
- Intermediate School -
- Split System
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Constance Howard of U.S. Properties Real Estate Services, LLC | |
