37 Tilley Street New London, CT ^$ 998,900

37 Tilley Street

^$ 998,900

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37 Tilley Street

New London, CT, 06320

^$ 998,900

Studio Baths0.0 Sq 6,575

Monthly Estimate*

^$ 6,978

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Studio

Commercial Property for sale in New London, CT

for $998,900. This 6,575 square foot building was built in 1870 on a lot size of 0.14.

13 Unit multi-family in heart of downtown New London. 12 Units rented. One unit available, gutted and ready for buildout. 3-Story building approximately 2,308 SF per floor. Full basement: 2,264 SF. NOI approximately $70,780. 7 CAP. Just steps from restaurants, galleries, waterfront park, ferries and train station in New London's downtown historic district.

Commercial Pending

Price

^$ 998,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial For Sale

Lot Size

0.14

Year Built

1870

Town/City

New London

MLS | Web ID

170620549

Features

General

Zoning R-3

Year Built 1870

Neighborhood N/A

Heater Type Steam

County New London

Tax Year July 2023-June 2024

Location Highway Access

Property Type Commercial For Sale

Status Under Contract

Acres 0.14

Directions GPS Friendly.

City New London

Street Name Tilley

Sq Ft Total 6575

DOM 35

Video Tour Y/N 0

Interior

Cooling System None

Utilities Available Electric Available Gas Available Phone Available

Total Number of Units 13

Exterior

Water Source Public Water Connected

Garage Parking None

Lot Description Level Lot

Internal Only

Street Number 1 37

* Excluded Features

List By

Constance Howard

Listing Agent

Us Properties

Broker

chowardusp@gmail.com

Affordability Calculator

$6,978

Per Month

Monthly Principal & Interest: $6,978
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in New London, CT

Average List Price ^$1,070,215

Percent of Sale Price 7%

About New London, CT

26,654 Population

4% Since 2002

^$37,286 Median Income

33.25 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

899581 Elementary School

895635 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/14/2024	$998,900	-14.62%	Price Down
1/23/2024	$1,170,000		Listed Price

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37 Tilley Street, New London, CT, 06320 is a Commercial Property for sale at $998,900 with 6,575 sqft and a lot size of 0.14. 37 Tilley Street is a studio with 0.0 baths and was built in 1870. The property's zip code is 06320 which is in New London, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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37 Tilley Street

Commercial Property for sale in New London, CT

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