118 Norwich Avenue

Norwich, CT 06360

$375,000
Price
11
Beds
4
Baths
4,593 Sq. Ft.
$82 / Sq. Ft.
4,593
Sq. Ft.
$82
per Sq. Ft.

Description

Welcome to this prime opportunity to invest in a versatile 4-unit multifamily property, brimming with potential and awaiting your personal touch! Located in the Taftville area of Norwich, this property presents an ideal canvas for both seasoned investors and ambitious individuals looking to enter the real estate market. Comprising of three spacious 3-bedroom, 1-bathroom units along with a 2-bedroom, 1-bathroom unit, this property offers a diverse range of rental options to cater to various tenant...Welcome to this prime opportunity to invest in a versatile 4-unit multifamily property, brimming with potential and awaiting your personal touch! Located in the Taftville area of Norwich, this property presents an ideal canvas for both seasoned investors and ambitious individuals looking to enter the real estate market. Comprising of three spacious 3-bedroom, 1-bathroom units along with a 2-bedroom, 1-bathroom unit, this property offers a diverse range of rental options to cater to various tenant needs. Whether you're targeting families, or young professionals, this property's versatile layout ensures broad appeal. While the property requires some TLC and renovation work, envision the possibilities that await. With a little investment and creativity, you can transform these units into modern, attractive living spaces, maximizing rental income potential and enhancing property value. Situated in a convenient location, close to the highway and bus routes, residents will enjoy easy access to amenities, schools, transportation, and recreational facilities, enhancing the property's appeal and marketability. Don't miss this chance to capitalize on an investment with abundant potential. Seize the opportunity to turn this diamond in the rough into a lucrative addition to your real estate portfolio. Schedule a viewing today and unlock the possibilities that await at this promising investment property! Selling "AS IS"
  1. Listed by Joel C Cassar • RE/MAX Legends
    P: (860) 451-8000 C: (860) 705-6847 joelcassarre@gmail.com

Property Details for 118 Norwich Avenue

Basement Description
Full
Direct Waterfront
No
Expected Active Date
05-06-2024
Neighborhood
Taftville
Style
Units on different Floors, Units are Side-by-Side
Garage Parking Info
None
Swimming Pool
No
Expected On Market Date
05-06-2024

Location

Listing Courtesy of RE/MAX Legends, Joel C Cassar
Add your commute
LISTING UPDATED: 05/15/2024 10:42 PM

Property Details for 118 Norwich Avenue

StatusUnder Contract - Continue To Show
MLS #24014528
Days on Market9
Taxes$5,085 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 4 Family
Year Built1875
Lot Size0.62 AC / 27,007 SF
CountyNew London County

Location

Listing Courtesy of RE/MAX Legends, Joel C Cassar
Add your commute

Building Information for 118 Norwich Avenue

Stories-Residences4Year Built1875Building Size-Lot Size0.62 AC / 27,007 SF

Payment Calculator

$2,470 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$424

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 118 Norwich Avenue

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy
  • Latitude: 41.555055
  • Longitude: -72.051298
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $5,085
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Walk-up
  • Cooling System: None
  • Heat Type: Other
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Rooms Total: 19
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1875
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 4593
Lot Information
  • Lot Description: N/A
  • Parcel Number: 2028372
  • Sq Ft Est Heated Above Grade: 4593.0
  • Sq Ft Total: 4593.0
  • Zoning: Gc/R10
Utilities
  • Hot Water Description: Other, 50 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 4
  • Total Rooms Multi Family: 19
Unit 1
  • Listing Key: 1767491E755C9DDAE063D501100ADA51
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 05-15-2024
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
Unit 2
  • Listing Key: 1767491E755C9DDAE063D501100ADA51
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 05-15-2024
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5
Unit 3
  • Listing Key: 1767491E755C9DDAE063D501100ADA51
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 05-15-2024
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
Unit 4
  • Listing Key: 1767491E755C9DDAE063D501100ADA51
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 05-15-2024
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5

Schools near 118 Norwich Avenue

This home is within Norwich School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - K to 2
Public - K to 5
Rating
School
Distance
John M. Moriarty School
PublicK to 5

Kelly Middle School
Public6 to 8

Irs Program At Moriarty
PublicK to 2

Aba Autism Program
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Legends, Joel C Cassar

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.