20 Tilley Street, New London, CT

$999,000

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4,076

Square feet

0.14

Acres

About 20 Tilley Street

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.

Features of 20 Tilley Street

MLS® # 170622291
Price $999,000
Bathrooms 0.00
Square Footage 4,076
Acres 0.14
Year Built 1873
Type Multi-Family For Sale
Sub-Type 5 Family+
Style Units on different Floors
Status Active

Community Information

Address 20 Tilley Street
Area N/A
City New London
County New London
State CT
Zip Code 06320

Amenities

Parking Spaces 10
Parking Driveway
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Steam, Oil
Cooling None
Fireplace No

Exterior

Exterior Vinyl Siding
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Concrete

School Information

Elementary Per Board of Ed
High Per Board of Ed

Additional Information

Date Listed February 1st, 2024
Days on Market 22
Zoning R-3
RE / Bank Owned No

Listing Details

OfficeUS Properties

Listing Map

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