$850,000
Active
108 Days Online
0 Beds0 Baths4,073 SQFT
Active

20 Tilley Street New London, CT 06320

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyNew London
  • Taxes$7,686
  • HOA/Condo/Coop Fees$0
  • Days on Site108 Days
  • MLS StatusActive
  • MLS ID Number170622291
  • Home Size Source Public Records
  • Year Built1873
  • Lot Size0.14 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Units on different Floors
  • Construction Vinyl Siding
  • Parking Driveway
  • Parking Spaces 10
  • Sewer Public Sewer
  • Basement Full
  • Acreage 0.14
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Concrete Perimeter
  • Zoning R-3

Interior Features

  • Cooling None
  • Heating OilSteam

Exterior Features

  • Roof Asphalt
  • Waterfront Property No
  • Waterfront Features Not Applicable
  • Lot Level Lot

Schools

School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
Per Board of Ed

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Monthly Payment (Est.)

$4,533
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