List Price

$850,000

Status

Active

Type

Multi-Family

Beds

0

Baths

0

Sq. Ft.

4,076

Built

1873

Acres

0.14

$ / Sq. Ft.

$209

FeeKeeper

62

Style

Units on different Floors

Taxes

$7,686

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

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.

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$25,500

$850,000 • 3.00%

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Questions

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(860) 310-1255

Brokered By

Constance Howard, US Properties

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