20 Tilley Street, New London CT, 06320
(Active)
$850,000
|
4,073 sqft
|
MLS# 170622291
Last Updated: 5/2/2024 12:40 AM
Description for
20 Tilley Street
New London, CT 06320
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.
Price
$850,000
New London
4,073 (approx)
170622291
Active
Description
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.
Listing Information
| Property Type: Multi-Family, Other | ||
| 0.14 Acres | 4,073 (approx) | 1873 |
| Vinyl siding | ||
Public
Public Sewer
Neighborhood
School Information
| Per Board of Ed | Per Board of Ed | Per Board of Ed |
Room Information
Interior Features
None
Oil, Steam
Full
Exterior / Lot Features
10 Parking Spaces,
Vinyl
Asphalt
R-3
Level
Driving Directions
GPS Friendly.
Financial Considerations
| 1999998 |
| $7,686 |
Listing Price History
New London Real Estate
New London is located in Connecticut. New London, Connecticut 06320 has a population of 26,093.
The median household income for the surrounding county is $75,589 compared to the national median of $66,222. The median age of people living in New London 06320 is 43 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/26/2024 | Active | $850,000 USD -10.53% |
|
| 3/28/2024 | Active | $950,000 USD -4.90% |
|
| 2/14/2024 | Active | $999,000 USD -9.18% |
|
| 2/1/2024 | Active | $1,100,000 USD |
|