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 SFwith full basement. Room rates vary from $800 to over$2, 000per month in high season. Gross annual income approximately$120, 000and NOI of$74, 000.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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Downtown New London Historic District Housing & Living
Household Income
Median household income:
$37,331
Number of households:
10,984
The average household income in
New London, CT
grew
from
$35,357
to
$37,331
in the past year. This data is an estimate based upon
10,984
households in
New London, CT. The chart below presents how household income is distributed in
New London, CT
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
New London, CT
compared to median property taxes around the country. The prevalent amount of property taxes in
New London, CT
equals
$3k+
, which is
more
than the national average.