$599,900 ($179.18 per sqft)

Est. Mortgage $2,877/mo *

Quick Pre-Approval

851 Bank Street, New London, CT, 06320

851 Bank Street, New London, CT, 06320

15 beds

5 Full baths

1895

Units on different Floors

3,348 sqft

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 3 family. 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.


Status:

Active

Type:

Multi-family

Units:

6

Zoning:

C-1

Garage:

On Street Parking

Heating:

Baseboard, Space Heater

Cooling:

None

Energy Features:

Extra Insulation, Thermopane Windows

Basement:

Full With Hatchway, Concrete Floor

Acreage:

0.1

Est. Taxes:

$9,144

Assessment

$245,070

Construction

Frame

Lot Description:

Corner Lot

Elementary School:

Per Board of Ed

Middle School:

Per Board of Ed

High School:

New London

Days on Market:

77

MLS #:

170524378


Community Info

School Info

St Joseph School

Enrollment: 194

Distance: 0.29 Miles

St. Mary's Star of the Sea

Enrollment: 114

Distance: 0.59 Miles

Jennings School

Rating: 2/10

Enrollment: 559

Distance: 0.6 Miles

Bennie Dover Jackson Middle School

Rating: 2/10

Enrollment: 602

Distance: 0.68 Miles

Community Rating:

Shoreline Academy

Enrollment: 108

Distance: 0.85 Miles

Multicultural Magnet School

Rating: 4/10

Enrollment: 539

Distance: 0.86 Miles

Community Rating:

Early Childhood Center at Harbor

Rating: 1/10

Enrollment: 115

Distance: 0.93 Miles

New London High School

Rating: 1/10

Enrollment: 963

Distance: 1.01 Miles

Community Rating:

Winthrop School

Rating: 5/10

Enrollment: 580

Distance: 1.49 Miles

Community Rating:

Solomon Schechter Academy

Enrollment: 32

Distance: 1.49 Miles

Sacred Heart School

Enrollment: 202

Distance: 1.81 Miles

Community Rating:

Nathan Hale Arts Magnet School

Rating: 4/10

Enrollment: 503

Distance: 1.89 Miles

Community Rating:

Williams School

Enrollment: 235

Distance: 1.92 Miles

Community Rating:

Lighthouse Voc-Ed Center Groton

Enrollment: 22

Distance: 2.95 Miles

Waterford Country School

Enrollment: 52

Distance: 4.12 Miles

Baptist Bible Academy

Enrollment: 37

Distance: 5.41 Miles

Community Rating:

Academy Of St Therese

Enrollment: 8

Distance: 5.65 Miles

Community Rating:

Walk Score

Mass Transit

Yelp