20 Tilley
New London, CT 06320

  • – beds
  • – baths
  • 4,076 sqft
  • 6,098 sqft lot
  • $208 per sqft
  • 1873 build
  • on site

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.

Smart MLS logo Listing courtesy of SMART_MLS / Constance Howard / US Properties

Last checked: Checking… • Last updated Apr 26, 2024 •

MLS# 170622291 —

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Sale history

Date Event Source Price % Change
4/26/24
Price Changed SMART_MLS $850,000 -10.5%
3/28/24
Price Changed SMART_MLS $950,000 -4.9%
2/14/24
Price Changed SMART_MLS $999,000 -9.2%

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This multifamily located in Downtown New London, New London, CT 06320 is currently for sale for $850,000. 20 Tilley is a 4,076 square foot multifamily with – beds and – baths that has been on Estately for 88 days. 20 Tilley is in the Downtown New London neighborhood of New London and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of New London High School.

Smart MLS logo Listing Courtesy of: SMART_MLS and US Properties.

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