537 Bank Street $475,000


    537 Bank Street New London, CT 06320

    Under Contract - Continue to Show
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    • 3,561 sq. ft.
    • 0.93 Acres
    • Commercial
    • MLS# 170424740
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    Views: 6 Days On Site: 50

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    Property Details

    Description Tours

    INVESTOR ALERT! 5 Family Home located in the heart of New London close to so much including Thames River, public transportation, train station, hospital, shopping and restaurants and many other modern conveniences! Close to Electric Boat NL campus and only about a mile from the beach!! Directly across from The Docks Apartment Complex. Units offer separate, heat, hot water & electricity! Brand new roof!! This home may also be purchased with property next door which consists of 3 residential units and a storefront! MLS# for that property is MLS#170424012. Please note that this property is also being marketed as a Mult-Family Listing and MLS # is 170424741. NOT-TO-MISS!!

    • General Features
      • Zoning C-1
      • Year Built 1900
      • Neighborhood N/A
      • Sq Ft Total 3,561
      • Acres 0.93
      • Bank Owned Property Y/N 0
      • Property Tax $6,023
      • County Or Parish New London
    • Building Features
      • Construction Description Frame
      • Cooling System None
      • Heat Fuel Type Electric
      • Heat Type Baseboard
    • Property Features
      • Water Source Public Water Connected
      • Utilities Available Electric Available,Phone Available,Cable Available
      • Parking Total Spaces 0
      • Sewage System Public Sewer Connected
      • Garage Parking Info Paved, Parking Lot
      • Lot Description Level Lot, Sloping Lot



    06320 (New London) Demographics

    30 Median Age
    4,927 Population Density (per sq. mile)
    30% College Educated
    $35,400 Estimated Median Income
    3,578 Estimated Total Home Owners
    7,034 Estimated Total Renters
    34% / 66% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    27,270 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $235,000 Median Sales Price
    21 Homes Sold
    36 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $475,000
        8/23/2021 9:49:08 PM Status Changed Source: Multiple Listing Service New Value: Under Contract - Continue to Show
        7/30/2021 1:49:00 AM New in Database Source: Multiple Listing Service New Value: $475,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.