$850,000
Active
136 Days Online
10 Beds4 Baths4,073 SQFT
Active

20 Tilley Street New London, CT 06320

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyNew London
  • Taxes$7,686
  • HOA/Condo/Coop Fees$0
  • Days on Site135 Days
  • MLS StatusActive
  • MLS ID Number170622291
  • Home Size Source Public Records
  • Year Built1873
  • Lot Size0.14 Acres
  • Full Baths3
  • Partial Baths1

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General Features

  • Style Units on different Floors
  • Construction Vinyl Siding
  • Parking None
  • Parking Spaces 0
  • 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.)

$4,501
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