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851 Bank Street

New London, CT 06320
  • $599,900
  • STATUS: Active Under Contract
  • ON SITE: 127 Days
  • MLS #: 170524378
Under Contract
UPDATED: 31 min ago
$599,900
  • 15
    BEDS
  • 0.1
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,348
    SQFT
  • $179
    $/SQFT
Type:
Multi-Family
Built:
1895
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Looking to build your portfolio? Here's a chance to own TWO multi-family homes on ONE lot in New London. Potential for 7 units to create an income stream, let this cash cow go MOO for YOU! Up front is a 4 family w/ full walkout basement, and tons of space in the attic to potentially build out more; buyer to do due diligence. On the Summer St. side is another 2 family with a great space in basement as well. On-street parking on both sides of Summer Street, and properties in a great central location. New roof on front building 4 years ago, and on the rear in 2008. New Siding 4 years ago as well.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-01-28T18:10:10.11.
www.thecthomefinder.com/homes/133318727
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851 Bank Street New London, CT 06320

  • Price: $599,900
  • Status: Active Under Contract
  • On Site: 127 Days
  • Updated: 31 min ago
  • MLS #: 170524378
15
Beds
5
Baths
0
½ Baths
0.1
Acres
3,348
SQFT
$179
$/SQFT
1895
Built
County:
New London
Area:
New London
Elementary School:
per board of ed
Middle School:
per board of ed
High School:
New London
Property Description
Looking to build your portfolio? Here's a chance to own TWO multi-family homes on ONE lot in New London. Potential for 7 units to create an income stream, let this cash cow go MOO for YOU! Up front is a 4 family w/ full walkout basement, and tons of space in the attic to potentially build out more; buyer to do due diligence. On the Summer St. side is another 2 family with a great space in basement as well. On-street parking on both sides of Summer Street, and properties in a great central location. New roof on front building 4 years ago, and on the rear in 2008. New Siding 4 years ago as well.
Exterior Features

Color Gray Construction Description Frame Exterior Features Covered DeckGutters Exterior Siding Vinyl Siding Foundation Type BrickStone Lot Description Corner Lot Roof Information Asphalt Shingle Style Units On Different Floors Waterfront Description RiverWalk To Water

Interior Features

Attic Description Walk-Up Attic Yn Yes Basement Description Full With HatchwayConcrete Floor Cooling System None Heat Type BaseboardSpace Heater Hot Water Description ElectricNatural Gas

Property Features

Bank Owned Property Yn No Direct Waterfront Yn No Energy Features Extra InsulationThermopane Windows Flood Zone Yn No Fuel Tank Location Non Applicable Garage Parking Info On Street Parking Handicap Features Multiple Entries/Exits Heat Fuel Type Natural Gas Hoa Yn No Home Warranty Offered Yn No Intermediate School Per Board Of Ed Laundry Room Info Basement Hook-Up(S) Nearby Amenities Basketball CourtCommuter BusLibraryMedical FacilitiesParkPlayground/Tot LotWalk To Bus Lines New Construction Type No/Resale Possession Availability Negotiable Potential Short Sale Yn No Property Sub Type 5 Family+ Property Tax 9144 Sewage System Public Sewer Connected Sign Yn Yes Swimming Pool Yn No Water Source Public Water Connected Zoning C-1

Listing information © 2023 Smart MLS
Listing provided courtesy of Bill Heenan of William Raveis Real Estate: (860) 739-4455.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2023 SmartMLS, Inc. Data last updated: 2023-01-28T18:10:10.11.
 
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