Skip main navigation
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

    List your home for rent

    $1,574/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,574/mo

    Rent Zestimate®

    Refinance and save

    $3,758/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,758/mo

    Est. payment

    What's special

    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.

    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#: 170524378MLS Logo

    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