Address
227 West Town Street, Norwich, CT
Price
$ 599,000
Property Attributes
  • MLS#170611522
  • TypeMulti-Family
  • CountyNEW LONDON
  • CityNorwich
  • Zip06360
  • StyleUnits on different Floors
  • Price$ 599,000
  • Bedrooms10
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage4303
  • Lot Size0.66 Acres
Data Source:
Smart MLS
Property Description

Great investment property! 2 buildings totaling 6 apartments, fully leased. NOI is $39,795. 7 CAP with room to increase NOI. Building 1 has 4 apartments with high ceilings, hardwood floors, natural light, washers & dryers or hook-ups, ceiling fans and some with outdoor decks. Building 2 has 2 apartments, 1 studio, 1 two bedroom and one garage. Property is very well maintained and conveniently located near I-395. Please see also MLS #170611522.

Elementary School High School
Per Board Of Ed Elementary School Per Board Of Ed High School
Price History
11/20/2023 Listed $599,000

General Features

Acres 0.66
Association Amenities None
City Norwich
County New London
DOM 15
Directions From I-395 North to Exit 14. Left off exit. Property will be on the right.
Elementary School Per Board of Ed
Full Baths 8
Handicap Features Ramps
Heater Type Baseboard, Gas on Gas, Hot Air
High School Per Board of Ed
Neighborhood N/A
Property SubType 5 Family+
Property Type Multi-Family For Sale
Sq Ft Total 4303
Status Active
Street Name Town
Style Units on different Floors
Year Built 1885
Year Built Source Public Records
Zoning NC

Interior Features

Atticdescription Pull-Down Stairs
Basement Description Full With Hatchway, Concrete Floor, Hatchway Access
Cooling System Ceiling Fans
Hot Water 80 Gallon Tank
Total Bathrooms 8
Total Bedrooms 10
Total Number of Units 6
Total Rooms 29

Exterior Features

Garage Parking Detached Garage, Paved
Lot Description Sloping Lot, Treed
Water Source Public Water Connected
Waterfrontdescription Not Applicable

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 06360

Price
AVG $510K
$600K
Visits
AVG 40
17
Data Provided by Inside Real Estate®
Year Built
AVG 1897
1885
Walkscore
AVG 57
48
Data Provided by Walkscore® not using MLS data