20 Tilley
New London, CT 06320

Property

Ownership: Commercial
Type: Commercial
Bathrooms: 4
Area: 4076 sq ft

Financials

Price: $850,000
Annual Taxes: $7,686
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Courtesy of Constance Howard of US Properties

Description

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.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -

This 1873 Victorian Guesthouse known as The Port New London includes 9 guest rooms and one furnished apartment.


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    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.