20 Tilley Street

New London, CT 06320

$850,000
Price
—
Beds
4,076 Sq. Ft.
$209 / Sq. Ft.
4,076
Sq. Ft.
$209
per Sq. Ft.

Description

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...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.
  1. Listed by Constance Howard • US Properties
    P: (860) 437-0101 C: (860) 437-0101 chowardusp@gmail.com
  2. Listed by Susan Howard • US Properties
    P: (860) 437-0101 C: (860) 437-0101 showard@uspropre.com

Property Details for 20 Tilley Street

Basement Description
Full
Direct Waterfront
No
Garages Number
0
Neighborhood
N/A
Style
Units on different Floors
Garage Parking Info
Driveway
Swimming Pool
No

Location

Listing Courtesy of US Properties, Constance Howard; US Properties, Susan Howard
Add your commute
LISTING UPDATED: 04/26/2024 04:19 PM

Property Details for 20 Tilley Street

StatusActive
MLS #170622291
Days on Market88
Taxes$7,686 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1873
Lot Size0.14 AC / 6,098 SF
CountyNew London County

Location

Listing Courtesy of US Properties, Constance Howard; US Properties, Susan Howard
Add your commute

Building Information for 20 Tilley Street

Stories-Residences10Year Built1873Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$5,279 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$641

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 20 Tilley Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly.
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.351893
  • Longitude: -72.097945
  • State: Connecticut
Parking
  • Parking Total Spaces: 10
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $7,686
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Storage Space
  • Cooling System: None
  • Heat Type: Steam
  • Attic YN: Yes
  • Rooms Total: 0
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • Gross SQFT Per Public Records: 6492
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1873
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 4073
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 1999998
  • Sq Ft Est Heated Above Grade: 4076.0
  • Sq Ft Total: 4076.0
  • Zoning: R-3
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Oil
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Total Number of Units: 10
  • Total Rooms Multi Family: 0
Building Details
  • Unit Count: 0

Property History for 20 Tilley Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 20 Tilley Street

Taxable ValueLand$44,100Additions$155,900Total$200,000
Tax Record2023$7,686 ($640 / month)
Home Facts
Baths3.5Total Finished SqFt4,073 SqFtAbove Grade Finished SqFt4,073 SqFtStories2Lot Size6,308 SqFtStyleMiscellaneous CommercialYear Built1873CountyNEW LONDONAPNNLON M:F13 B:0149 L:0007

Schools near 20 Tilley Street

This home is within New London School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Harbor School
PublicPK to 5

Bennie Dover Jackson Middle School
Public6 to 8

New London High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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20 Tilley Street is a multi-family home for sale in New London, CT 06320. This property was listed for sale on February 1, 2024 by US Properties, it's currently listed at $850,000. It has been on the market for a total of 88 days and was last sold on December 30, 2011. This listing's school district is New London School District. Nearby schools include Harbor School, Bennie Dover Jackson Middle School and New London High School. 20 Tilley Street is a 0-bed, 0-bath, 4,076 sqft multi-family home built in 1873.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of US Properties, Constance Howard; US Properties, Susan Howard

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.