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147 Bank Street, New London, CT 06320

Multi-Family For Sale · 3 Family

$1,500,000
$172/sqft

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3
Bedrooms
3
Bathrooms
8,701
Sq Ft
0.09
Acres
1900
Year Built

About This Home

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.

Listed by Constance Howard (615) 293-3878 with U.S. Properties Real Estate Services, LLC (860) 691-2011

Listing Snapshot

Price $1,500,000 Days on Market 6 days
Property Tax $13,272/yr Style Units on different Floors
Year Built 1900 Total Sq Ft 8,701
Lot Size 0.09 acres HOA Fees N/A
Bedrooms 3 Full Bathrooms 3
Total Rooms 12 Half Baths 0

Structure & Parking

Construction Masonry
Roof Other

Systems & Utilities

Heat Heat Pump
Fuel Natural Gas
Cooling Split System
Hot Water Other
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
High Per Board of Ed

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $1,106/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Mar 13, 2026 Listed $1,500,000

Frequently Asked Questions

How much does 147 Bank Street in New London, CT cost?
This property is listed at $1,500,000, which works out to $172 per square foot.
How many bedrooms does 147 Bank Street have?
This home has 3 bedrooms and 3 bathrooms.
What is the square footage of 147 Bank Street?
The home is 8,701 square feet, situated on 0.09 acres.
When was 147 Bank Street in New London built?
This property was built in 1900.
Is 147 Bank Street, New London, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 147 Bank Street, New London in?
This home is served by the New London public school system, with Per Board of Ed as the elementary school and Per Board of Ed as the high school.
How do I schedule a tour of 147 Bank Street, New London, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Constance Howard · (615) 293-3878

U.S. Properties Real Estate Services, LLC · (860) 691-2011

MLS# 24159494 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Mar 13, 2026 6:54 PM UTC