852 Bank Street

New London, CT
$ 444,900 Beds 5 Baths 5 Sq 2,552 Virtual Tour
Monthly Estimate* How much can I afford?

TRULY TURN KEY MONEY MAKER! Four units and four happy tenants in a conveniently located building that has been totally and professionally renovated to current codes and modern standards. Siding, windows, doors, insulation, wiring, plumbing, interior, exterior all done so a new owner will have no worries. Tile and laminate floors for durability and cleanliness. Fully paved off street parking for the residents and one car garage for separate rental or use by owner/occupant. One unit fully handicap accessible. Upstairs unit (unit 2) can be enlarged to two bedrooms by including finished 3rd floor which also includes another full bath. Generous size bedrooms and closets in each unit for modern needs. Every detail has been thought of and attended to, to make this property trouble free for many years to come.

Multi-Family

  • Price
  • $ 444,900
  • Lot Size
  • 7,802 SqFt
  • Bedrooms
  • 5
  • Sqr Footage
  • 2,552
  • Full Bathrooms
  • 5
  • Year Built
  • 1893
  • Half Bathrooms
  • 0
  • City, Zip
  • New London
  • Taxes
  • 5405
  • County
  • NEW LONDON
  • Style
  • 4updown - Unit(s) per Floor
  • Area
  • MLS#
  • 170304139
  • Zip
  • 06320
Listing Provided by: William Raveis Real Estate

Features

General

Elementary School PBOE
Energy Features Extra Insulation, Storm Doors, Thermopane Windows
Exclusions tenant personal items, contents of garage and workshop
High School New London
Intermediate School Bennie Dover Jackson
Nearby Amenities Basketball Court, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall, Tennis Courts, Walk to Bus Lines
Neighborhood N/A
New Construction Type Torn Down & Rebuilt
Property Sub Type 4 Family
Property Type Multi-Family For Sale
Status Active
Style 4updown - Unit(s) per Floor
Tax Year July 2020-June 2021
Virtual Tour https://app.immoviewer.com/landing/unbranded/5ee12e32950e947053f69181
Virtual Tour Yn Yes
Year Built 1893
Year Built Source Public Records
Zoning c1

Interior Features

Attic Description Walk-up, Finished, Heated
Basement Description Full With Walk-Out, Fully Finished, Heated, Garage Access, Apartment, Liveable Space
Beds Total 5
Cooling System Ceiling Fans, Wall Unit
Fuel Tank Location Non Applicable
Full Baths 5
Heat Fuel Type Electric
Heat Type Baseboard
Hot Water Description Electric
Laundry Room access by tenants only, tiled, heated
Laundry Room Info Basement Hook-Up(s), Common Laundry Area
Rooms Total Multi Family 13
Sq Ft Est Heated Above Grade 2000
Sq Ft Est Heated Below Grade 552
Sq Ft Total 2552
Total Baths 5.00
Total Numof Units 4
Unit Count 5

Exterior Features

Acres 0.1791
Driveway Type Asphalt
Exterior Features Awnings, Gutters, Lighting, Porch
Foundation Stone
Garage Parking Info Paved, Assigned, Off Street Parking
Garages Number 1
Lot Description City Views
Roof Information Asphalt Shingle
Sewage System Public Sewer Connected
Siding Vinyl Siding
Water Source Public Water Connected
Waterfront Description Not Applicable

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Storrs, CT office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Pboe Elementary School
Middle School Bennie Dover Jackson Middle School
High School New London High School

Price History

6/10/2020 Listed $414,900

Property vs Zip Code Average in 06320

Price
AVG $350K
$440K
Taxes
AVG $6,357
$5,405
Visits
AVG 16
9
Year Built
AVG 1896
1893
Walkscore
AVG 73
67
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

852 Bank Street New London, CT is a Single Family Home for sale at $444900 with 2552 sqft and a lot size of 7,802 SqFt Acre(s). 852 Bank Street New London has 5 bedrooms, 5 baths and was built in 1893. The property's zip code is 06320 which is in New London, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.