Fully leased, mixed use property located in the heart of downtown New London.


Property

Website:https://www.nestseekers.com/5341635
Address:
147 Bank
New London, CT 06320
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 3 BR
Bathrooms: 3
Area: 8701 sq ft

Financials

Price:$1,350,000
Annual Taxes:$13,272

Description

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.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Split System

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Constance Howard of U.S. Properties Real Estate Services, LLC