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$290,000
Est. payment /mo
4 Beds
2 Baths
1,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $161
MLS Listing ID 24184846
Style Units are Side-by-Side
Bedrooms 4
Full Baths 2
Year Built 1875
Annual Tax Amount $4,525
Lot Size 0.300 Acres
Property Sub-Type 2 Family
Property Description
*Ask list agent about the opportunity to buy 8 other properties in this portfolio* Strong investment opportunity in a prime Norwich location. This well-maintained 2-family property features separate utilities, making management simple and expenses predictable. Currently boasting 8+% Cap rare with room to increase rental income, this property presents an excellent value-add opportunity for investors seeking both immediate cash flow and long-term upside. Conveniently located near downtown Norwich, major employers, shopping, restaurants, and transportation routes, the property is well-positioned to benefit from the area's growing rental demand. Whether you're looking to expand your portfolio or purchase your first multifamily investment, this property offers strong income potential in a desirable rental market. Schedule your showing today.
Location
State CT
County New London
Zoning MF
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Waterfront Description River
Roof Type Shingle
Building
Lot Description Water View
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Wequonnoc
High Schools Norwich Free Academy
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Listed by John Lesack • Byrnes Real Estate Company
Nearby Locations
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