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.
Sold for $575,000 on 05/08/23
$575,000
851 Bank Street, New London, CT 06320
15beds
3,348sqft
Multi Family
Built in 1895
-- sqft lot
$-- Zestimate®
$172/sqft
$1,574 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 08, 2023 at 12:26pm
Listed by:
The Bill Heenan Team,
Bill Heenan 860-442-4663,
William Raveis Real Estate 860-739-4455,
Co-Listing Agent: Joe Loguidice 860-271-5200,
William Raveis Real Estate
Bought with:
Kiki Sydnor, RES.0802743
RE/MAX One
Source: Smart MLS,MLS#: 170524378
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard, Space Heater, Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater, Gas Water Heater
- Laundry: In Basement
Features
- Windows: Thermopane Windows
- Basement: Full,Concrete
- Attic: Walk-up
Interior area
- Total structure area: 3,348
- Total interior livable area: 3,348 sqft
- Finished area above ground: 3,348
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Multiple Entries/Exits
Features
- Patio & porch: Covered
- Exterior features: Rain Gutters
- Waterfront features: River Front, Walk to Water
Lot
- Size: 4,356 sqft
- Features: Corner Lot
Details
- Parcel number: 1999501
- Zoning: C-1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick/Mortar, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Insulation, Windows
Community & neighborhood
Community
- Community features: Basketball Court, Near Public Transport, Library, Medical Facilities, Park, Playground
Location
- Region: New London