New Listing - 07/13/2026

$525,000 ($211.86 per sqft)

Est. Mortgage $2,518/mo *

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Listing courtesy of Stephano Stravoravdis (860) 801-2087, Real Broker CT, LLC (860) 884-9511

837 Bank Street, New London, CT, 06320

837 Bank Street, New London, CT, 06320
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9 rooms

5 beds

4 Full baths

1893

4updown - Unit(s) per Floor

2,478 sqft

Investors, take notice. 837 Bank Street in New London offers the potential for an estimated 12-15% cap rate based on prior rental income, making it a property well worth considering for your next buy-and-hold investment. Three of the four units are renovated one-bedroom, one-bath apartments, while the standout fourth unit is a spacious townhouse-style residence featuring four bedrooms with additional living space in the finished attic. Each unit is separately metered, and one of the biggest advantages is the property's relatively low taxes for the area, helping maximize rental income and strengthen the overall return on investment. Conveniently located on Bank Street between New London and Waterford and along the bus line, this multifamily offers a desirable unit mix, strong income potential, and an excellent opportunity to add a quality asset to your portfolio. Come take a look and see why this property deserves your attention.

Status:

Active

Type:

Multi-family

Units:

4

Zoning:

C-1

Heating:

Hot Air

Cooling:

Window Unit

Basement:

Full

Acreage:

0.11

Est. Taxes:

$3,800

Assessment

$139,700

Lot Description:

City Views

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

2

MLS #:

24191023

Community Info

School Info

Walk Score

Mass Transit

Yelp

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