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 | $850,000 |
| 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 | 86 |
| Zoning | R-3 |
| RE / Bank Owned | No |
Listing Details
| Office | US Properties |
|---|