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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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20 Tilley Street

New London, CT, 06320
$ 850,000
Baths3.1 Sq 4,076

Monthly Estimate*

$ 5,938

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Studio

Commercial Property for sale in New London, CT

for $850,000 with 3 full baths, 1 half bath. This 4,076 square foot building was built in 1873 on a lot size of 0.14.

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 #170622291.

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Commercial Active

Price

$ 850,000

Bedrooms

Studio

Full Bath

3

Half Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.14

Year Built

1873

Town/City

New London

MLS | Web ID

170620574
Features
General
Zoning R-3
Full Baths 3
Half Baths 1
Year Built 1873
Neighborhood N/A
Heater Type Steam
County New London
Tax Year July 2023-June 2024
Location Highway Access
Property Type Commercial For Sale
Status Active
Acres 0.14
Directions GPS Friendly.
City New London
Street Name Tilley
Sq Ft Total 4076
DOM 93
Video Tour Y/N 0
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Interior
Cooling System None
Total Rooms 0
Utilities Available Electric Available Phone Available
Total Bathrooms 4
Total Bedrooms 0
Total Number of Units 10
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Exterior
Water Source Public Water Connected
Lot Description Level Lot
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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
899581 Elementary School
895635 Middle School
Unknown 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
1/23/2024$1,100,000 Listed Price

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20 Tilley Street, New London, CT, 06320 is a Commercial Property for sale at $850,000 with 4,076 sqft and a lot size of 0.14. 20 Tilley Street is a studio with 3.1 baths and was built in 1873. The property's zip code is 06320 which is in New London, CT

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