Price Reduced 22.73%
Price History
$1,100,000
1/23/2024
$999,000
2/14/2024
$950,000
3/28/2024
$850,000
4/26/2024
20 Tilley Street, New London, CT, 06320
0 beds
3 Full / 1 Half baths
1873
4,076 sqft
This 1873 Victorian Guesthouse known as "The Port New London" includes 9 guest rooms and one furnished apartment. There are two shared bathrooms and one half bathroom for guests. The apartment has its own private bathroom and kitchen. Rooms are rented for a 30 day minimum stay. All guests have use of a fully equipped spacious kitchen, dining room, parlor and sitting room. The back yard has a picnic table and gas grill for guest's to use. Room rates vary during the season from $800 to $2,000 per month. Gross annual income is approximately $120,000, NOI is $74,000 (8 CAP). Booking is done through Airbnb.New London and does not require a license. Located in walking distance to New London waterfront, galleries, parks, restaurants, ferry and train station. All furniture to convey. Please also see MLS #170622291.
Status:
Active
Type:
Commercial
Units:
10
Zoning:
R-3
Frontage:
Municipal Street
Heating:
Steam
Cooling:
None
Acreage:
0.14
Est. Taxes:
$7,686
Assessment
$200,000
Utilities
Electric Available,Phone Available
Lot Description:
Level Lot
Days on Market:
96
MLS #:
170620574
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Constance Howard, US Properties Email: chowardusp@gmail.com