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20 Tilley Street New London, CT $ 850,000
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$ 850,000 Get more info
20 Tilley Street
$ 850,000
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Share Save

20 Tilley Street

New London, CT, 06320
$ 850,000
Baths0.0 Sq 4,076

Monthly Estimate*

$ 5,938

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Studio

Multi-Family Home for sale in New London, CT

for $850,000. This 4,076 square foot home was built in 1873 on a lot size of 0.14.

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.

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Multi-Family Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Units on different Floors

Lot Size

0.14

Year Built

1873

Town/City

New London

MLS | Web ID

170622291
Features
General
Zoning R-3
Full Baths 0
Half Baths 0
Year Built 1873
Neighborhood N/A
Style Units on different Floors
Heater Type Steam
County New London
Property SubType 5 Family+
Tax Year July 2023-June 2024
Property Type Multi-Family For Sale
Status Active
Acres 0.14
Directions GPS Friendly.
High School Per Board of Ed
City New London
Street Name Tilley
Elementary School Per Board of Ed
Sq Ft Total 4076
DOM 97
Video Tour Y/N 0
Year Built Source Public Records
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Interior
Cooling System None
Basement Description Full
Hot Water Oil
Total Bathrooms 0
Total Bedrooms 0
Total Number of Units 10
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Exterior
Water Source Public Water Connected
Garage Parking Driveway
Lot Description Level Lot
Pool? 0
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Internal Only
Street Number 1 20
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* Excluded Features
List By
Constance Howard

Listing Agent

Us Properties

Broker

chowardusp@gmail.com

Email

Affordability Calculator

$5,938
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
896384 Elementary School
895528 Middle School
Per Board Of Ed High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/26/2024$850,000 -10.53% Price Down
3/28/2024$950,000 -4.90% Price Down
2/14/2024$999,000 -9.18% Price Down
2/1/2024$1,100,000 Listed Price

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20 Tilley Street, New London, CT, 06320 is a Multi-Family Home for sale at $850,000 with 4,076 sqft and a lot size of 0.14. 20 Tilley Street is a studio with 0.0 baths and was built in 1873. The property's zip code is 06320 which is in New London, CT

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