20 Tilley Street, New London, CT 06320 (MLS # 170622291)

Price $850,000
Status Active
Beds 0
Baths 0 Bath
Home size 4,073 sqft
Lot Size 6,099 sqft
Days on Market 93
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.
Property Type(s): Multi Family
Last Updated 4/26/2024 Year Built 1873
County New London

SCHOOLS

Elementary School Per Board of Ed
Jr. High School Per Board of Ed
High School Per Board of Ed

Price History

Prior to Feb 14, '24 $1,100,000
Feb 14, '24 - Mar 28, '24 $999,000
Mar 28, '24 - Apr 26, '24 $950,000
Apr 26, '24 - Today $850,000

Additional Details

AIR None
BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
HEAT Oil, Steam
LOT 6098 sq ft
LOT DESCRIPTION Level
SEWER Public Sewer
STYLE Units on different Floors
TAXES 7686
WATER Public
ZONING R-3

Location

 

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