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Two-Bedroom Apartment Unit
For Lease
$1,495/Mo

575 Bank Street Unit 206, New London, CT 06320

Unit 206 offers two bedrooms at 575 Bank Street in New London, CT.

Space SizeContact for details
Days on Market89

Property Features for 575 Bank Street Unit 206

General Information

Standard status Active
Property subtype Multi-Family Rental

Additional Details

Multifamily Units 2

Building Details

Year Built 1919
Listing Agency: RE/MAX on the Bay
Listed By: Dawn Field · License #RES.0803342
Source: Lockandkeyre
Added: Jun 10 Changed: Aug 31 Last Checked: Aug 31 at 3:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX on the Bay

Investment Insights

Based on property information with market context.

This is a two-bedroom apartment unit identified as Unit 206 at 575 Bank Street. The available information describes the unit as a residential rental for tenants seeking a straightforward, apartment-style living setup.

The property is listed at a convenient distance to several named employers and institutions, including L&M Hospital, Electric Boat, the Navy Base, Pfizer, Mitchell College, and Conn College, described as roughly a 10–15 minute drive. A train station is also referenced as about a 5-minute drive away.

The offering is for rent, and the unit is located within the building at the stated address.

Key Highlights

  • Unit 206 is a 2‑bedroom apartment at 575 Bank Street in New London, CT
  • Located on Bank St
  • Year built: 1919

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Veterinary Clinic Catering Service Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,747
Businesses Nearby

Demographics for 06320, CT

27,398
Population
12,528
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
5.6 sq mi
ZIP Area
4,893
Density / Sq Mi
$60,224
Median Household Income
$34,932
Median Earnings
$1,304
Median Rent
$234,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Unit 206 offers two bedrooms at 575 Bank Street in New London, CT.
Where is this apartment building located?
The property is located at 575 Bank Street Unit 206 New London, CT.
What is the lease rate?
The lease rate is $1,495/Mo.
What are key features of this property?
This property features: Unit 206 is a 2‑bedroom apartment at 575 Bank Street in New London, CT; Located on Bank St; Year built: 1919
More about this property
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