This 1873 Victorian Guesthouse known as The Port New London includes 9 guest rooms and one furnished apartment.
Website: | https://www.nestseekers.com/3342181 |
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Address: | 20 Tilley New London, CT 06320 |
Ownership: | Commercial |
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Type: | Commercial |
Bathrooms: | 4 |
Area: | 4076 sq ft |
Financials
Price: | $850,000 |
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Annual Taxes: | $7,686 |
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 -
Contact
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1(203) 204-9555 | |
Courtesy of Constance Howard of US Properties |