Price Reduced 22.73%
Price History
$1,100,000
2/1/2024
$999,000
2/14/2024
$950,000
3/28/2024
$850,000
4/26/2024
20 Tilley Street, New London, CT, 06320
0 beds
1873
Units on different Floors
4,076 sqft
Legal boarding house with nine guest rooms and one fully furnished apartment. Currently rented as medium term housing with a 30 day minimum. Access to fully equipped kitchen, dining room, parlor and sitting room. Shared bathrooms are in the hallway. 2-Story building: 6,610 SF with full basement. Room rates vary from $800 to over $2,000 per month in high season. Gross annual income approximately $120,000 and NOI of $74,000. 7 CAP. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic district. Please also see MLS #170620574.
Status:
Active
Type:
Multi-family
Units:
10
Zoning:
R-3
Garage:
Driveway
Heating:
Steam
Cooling:
None
Basement:
Full
Parking:
10-car
Acreage:
0.14
Est. Taxes:
$7,686
Assessment
$200,000
Lot Description:
Level Lot
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
87
MLS #:
170622291
Community Info
School Info
Walk Score
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Listing courtesy of Constance Howard, US Properties Email: chowardusp@gmail.com