Norwich, CT 06380,205 Norwich Avenue

$161,000

$150,000

7.3%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

3,633 SqFt


SOLD DATE : 04/05/2022

Key Details

Sold Price $161,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,633 sqft

Price per Sqft $44

MLS Listing ID 170473933

Sold Date 04/05/22

Style Other

Bedrooms 8

Full Baths 4

Year Built 1900

Annual Tax Amount $5,666

Lot Size 9,147 Sqft

Property Description

So here is the good news-probably the best priced income property out there. Three units occupied by great tenants and the ability to have a commercial unit with restroom which cannot be converted to a residential so your income starts at go and can go up from there. The not really so great news is the property manager passed away and took all his secrets with him. Owners have limited information on the mechanicals/permits ,etc. on the building so info disclosed is to the best of their ability and knowledge. Monthly income is $2330,annual 27960.00. Tenants pay their own utilities. Inspections are for your knowledge only and potential buyers should do due diligence regarding all aspects of the building. Good off street parking and great location for a commercial business. Limited showing times with 48 hours notice to keep our residents happy. This is a great deal even with any flaws.

Location

State CT

County New London

Zoning GC

Rooms

Basement Full With Walk-Out, Partially Finished

Interior

Heating Baseboard

Cooling None

Exterior

Exterior Feature Deck

Garage Unassigned Parking, Off Street Parking, Parking Lot

Waterfront Description Not Applicable

Roof Type Asphalt Shingle,Other

Building

Lot Description City Views, Corner Lot, Sloping Lot

Foundation Block

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Norwich Free Academy

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Listed by Leo Chomen • RANDALL, REALTORS-Compass
Bought with Mario A. Stephens • RE/MAX Legends

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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