About 20 Tilley Street
This 1873 Victorian Guesthouse known as "The Port New London" includes 9 guest rooms and one furnished apartment. There are two shared bathrooms and one half bathroom for guests. The apartment has its own private bathroom and kitchen. Rooms are rented for a 30 day minimum stay. All guests have use of a fully equipped spacious kitchen, dining room, parlor and sitting room. The back yard has a picnic table and gas grill for guest's to use. Room rates vary during the season from $800 to $2,000 per month. Gross annual income is approximately $120,000, NOI is $74,000 (8 CAP). Booking is done through Airbnb.New London and does not require a license. Located in walking distance to New London waterfront, galleries, parks, restaurants, ferry and train station. All furniture to convey. Please also see MLS #170620574.
Features of 20 Tilley Street
| MLS® # | 170622291 |
|---|---|
| Price | $850,000 |
| Bedrooms | 10 |
| Bathrooms | 3/1 |
| Full Baths | 3 |
| Half Baths | 1 |
| 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 | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Applicable |
| Has Pool | No |
Interior
| Heating | Oil, Steam |
|---|---|
| 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 | 118 |
| Zoning | R-3 |
| RE / Bank Owned | No |
Listing Details
| Office | US Properties |
|---|