1,824 Sq. Ft.
$214 / Sq. Ft.
1,824
Sq. Ft.
$214
per Sq. Ft.

Description

Highest and best by Tuesday 7/8 @ 6pm Don't miss this well-maintained 2-family property located just minutes from vibrant downtown New London. Both units are currently occupied, making it a turnkey investment with immediate rental income. This property features new siding for enhanced curb appeal and durability, as well as a paved private lot, offering convenient off-street parking for tenants. Each unit provides comfortable living space, ideal for long-term tenants or future owner-occupancy. Situated...Highest and best by Tuesday 7/8 @ 6pm Don't miss this well-maintained 2-family property located just minutes from vibrant downtown New London. Both units are currently occupied, making it a turnkey investment with immediate rental income. This property features new siding for enhanced curb appeal and durability, as well as a paved private lot, offering convenient off-street parking for tenants. Each unit provides comfortable living space, ideal for long-term tenants or future owner-occupancy. Situated close to shops, restaurants, schools, and public transportation, this multi-family home combines convenience with low-maintenance updates perfect for seasoned investors or first-time buyers looking to build equity.
  1. Listed by Rosalyn Aybar • RE/MAX One
    P: (860)-941-5171 C: (860)-941-5171 rosalyn.realtor1@gmail.com

Property Details for 845 Bank Street

Basement Description
Full, Concrete Floor, Full With Hatchway
Direct Waterfront
No
Neighborhood
Town Hill
Style
Units on different Floors
Garage Parking Info
None, Paved, Off Street Parking
Swimming Pool
No
LISTING UPDATED: 08/19/2025 06:14 PM

Property Details for 845 Bank Street

StatusClosed
MLS #24105576
Days on Market6
Taxes$3,672 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1893
Lot Size0.16 AC / 6,969 SF
CountyNew London County

Location

Listing Courtesy of RE/MAX One, Rosalyn Aybar

Sold By Leaf Realty Group, LLC, Nixaliz M Franco Banks

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Building Information for 845 Bank Street

Stories-Residences2Year Built1893Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$2,249 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,943

Property Taxes

$306

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 845 Bank Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS FRIENDLY
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed
  • Latitude: 41.348328
  • Longitude: -72.108172
  • Middle Jr High School: Per Board of Ed
  • Neighborhood Amenities: Medical Facilities, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • State: Connecticut
Parking
  • Parking Total Spaces: 6
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $3,672
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Porch
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Finished, Walk-up
  • Cooling System: Window Unit
  • Heat Type: Steam
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: All Units Have Hook-Ups
  • Laundry Room Location: Inside unit
  • Rooms Total: 12
Property
Property and Assessments
  • Color: light green
  • Construction Description: Frame
  • Exclusions: Washer and dryers belongs to tenants
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Masonry
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1893
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: Attic on second unit was finished adding to sqft
  • Living Area SQFT Per Public Records: 1824
Lot Information
  • Lot Description: Corner Lot, City Views
  • Parcel Number: 1999478
  • Sq Ft Est Heated Above Grade: 1824.0
  • Sq Ft Total: 1824.0
  • Zoning: MUL/RES
Utilities
  • Energy Features: Thermopane Windows
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas, 40 Gallon Tank
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 16740
  • Gross Annual Income: 42000
  • Net Operating Income: $25,260
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 12
Unit 1
  • Lease: Monthly
  • Unit Appliances: Gas Range,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 07-08-2025
  • Unit Monthly Rent: $1,550
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Unit Appliances: Gas Range,Oven/Range,Refrigerator
  • Unit Average Sq Ft: 1700
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 07-08-2025
  • Unit Monthly Rent: $1,950
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 7
  • Unit Occupied By: Tenant

Property History for 845 Bank Street

DateEvent & SourcePriceAppreciation
Aug 18, 2021

Closed (Public Record)

Public Record #1470614513

$160,000

+37.9% / yr

Jul 20, 2016

Closed (Public Record)

Public Record #579021058

$31,250

-10.4% / yr

May 12, 2003

Closed (Public Record)

Public Record #119733399

$133,000

+24.2% / yr

DateEvent & SourcePrice
08/18/2021

Closed (Public Record)

Public Record #1470614513

$160,000

+37.9% / yr

07/20/2016

Closed (Public Record)

Public Record #579021058

$31,250

-10.4% / yr

05/12/2003

Closed (Public Record)

Public Record #119733399

$133,000

+24.2% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 845 Bank Street

Taxable ValueLand$31,700Additions$103,300Total$135,000
Tax Record2024$3,672 ($306 / month)
Home Facts
Baths2Total Finished SqFt1,824 SqFtAbove Grade Finished SqFt1,824 SqFtUnfinished Basement SqFt912 SqFtStories2Lot Size6,970 SqFtStyleDuplexYear Built1893ZoningC-1CountySOUTHEASTERN CONNECTICUTAPNNLON M:E14 B:0125 L:0013

Schools near 845 Bank Street

This home is within New London School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Harbor School
PublicK to 5

Bennie Dover Jackson Middle School
Public5 to 8

New London High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX One, Rosalyn Aybar

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.