$315,000
$375,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
6,372 SqFt
SOLD DATE : 12/23/2021
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,372 sqft
Price per Sqft $49
MLS Listing ID 170396622
Sold Date 12/23/21
Style Units on different Floors,Units are Side-by-Side
Bedrooms 8
Full Baths 5
Year Built 1890
Annual Tax Amount $13,147
Lot Size 2.560 Acres
Property Description
Welcome to 3 Sachem Terrace, a fantastic investment opportunity in the heart of Norwich! This 4 unit property includes one 3 bedroom unit, two 1 bedroom units, and one 2 bedroom unit, all with low vacancy rates. Features in these spacious, sunlit apartments include separate laundry in each unit, hardwoods throughout, & separate utilities (with the exception of hot water, which is included in rent). This property is also on a very large 2.5+ acre lot with potential for subdividing, and zoned NC with the opportunity for commercial use as well. Unit 1 was originally 2 separate units (for a total of 5 units in this building) and could be converted back. This location is convenient to Backus Hospital, NFA, downtown Norwich, I-395, casino's, restaurants, shops, and more!
Location
State CT
County New London
Zoning NC
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Ceiling Fans
Fireplaces Number 3
Exterior
Exterior Feature Gutters, Lighting, Porch-Wrap Around, Shed
Garage Detached Garage
Garage Spaces 1.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Ron Bates • Signature Properties of NewEng
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Broker | REB.0791464