Pending

Listed by Constance Howard and Susan Howard from US Properties

Source: SmartMLS Connecticut #170622291

20 Tilley Street, New London, CT, 06320

$850,000

10
4
4076 sq. ft.
0.14 ac.

MultiFam

•

30+ days on the market

What's around 20 Tilley Street

About this property

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.

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