47 Fairmount Street

Norwich, CT 06360

$235,000
Price
7
Beds
3,422 Sq. Ft.
$69 / Sq. Ft.
3,422
Sq. Ft.
$69
per Sq. Ft.

Description

Back on Market due to buyer financing. Welcome to this fantastic two-unit property in the heart of Norwich! It's got everything you need for a solid investment. Or, live comfortably in one of the apartments while renting out the other! It's in a great location, and has great income potential. The upper apartment is 2 levels with 4 bedrooms and 4 bathrooms! The neighborhood is prime Norwich - close to the Casinos, hospital, Holly Hock Island, and lots of cafes and restaurants. This property needs...Back on Market due to buyer financing. Welcome to this fantastic two-unit property in the heart of Norwich! It's got everything you need for a solid investment. Or, live comfortably in one of the apartments while renting out the other! It's in a great location, and has great income potential. The upper apartment is 2 levels with 4 bedrooms and 4 bathrooms! The neighborhood is prime Norwich - close to the Casinos, hospital, Holly Hock Island, and lots of cafes and restaurants. This property needs some work to make it shine, and may be best suited for cash purchase. Investors take notice! As-is sale. Seller will not make repairs or improvements prior to sale. Motivated seller! Send all offers! Cash or hard money preferred.
  1. Listed by Holly Regoli • HomeSmart Professionals Real Estate
    P: (401)-524-3948 C: (401)-524-3948 hregoli@gmail.com

Property Details for 47 Fairmount Street

Basement Description
Full, Unfinished
Direct Waterfront
No
Garages Number
0
Neighborhood
Norwichtown
Style
Units on different Floors
Garage Parking Info
None, Paved
Swimming Pool
No
LISTING UPDATED: 01/13/2025 02:10 AM

Property Details for 47 Fairmount Street

StatusActive
MLS #24067902
Days on Market39
Taxes$7,686 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1900
Lot Size0.23 AC / 10,018 SF
CountyNew London County

Building Information for 47 Fairmount Street

Stories-Residences2Year Built1900Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 47 Fairmount Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Located off West Main street near Jenkins Field
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.525
  • Longitude: -72.08661
  • State: Connecticut
Parking
  • Parking Total Spaces: 4
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2024-June 2025
  • Property Tax: $7,686
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Access Via Hatch
  • Cooling System: None
  • Heat Type: Steam
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Rooms Total: 14
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1900
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 3422
Lot Information
  • Lot Description: N/A
  • Parcel Number: 2414238
  • Sq Ft Est Heated Above Grade: 3422.0
  • Sq Ft Total: 3422.0
  • Zoning: MF
Utilities
  • Heat Fuel Type: Natural Gas, Oil
  • Hot Water Description: 30 Gallon Tank
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Vacant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 14
Unit 1
  • Listing Key: 2B52EE3052BA580FE063D501100AEC52
  • Unit Entry Order: 2
  • Unit Full Baths: 2
  • Unit Half Baths: 1
  • Unit Modified Date: 01-10-2025
  • Unit Num Bedrms: 4
  • Unit Num Rooms: 9
Unit 2
  • Listing Key: 2B52EE3052BA580FE063D501100AEC52
  • Unit Entry Order: 1
  • Unit Full Baths: 2
  • Unit Modified Date: 01-10-2025
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5

Property History for 47 Fairmount Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 47 Fairmount Street

Taxable ValueLand$47,800Additions$153,400Total$201,200
Tax Record2023$7,686 ($640 / month)
Home Facts
Baths3.5Total Finished SqFt3,422 SqFtAbove Grade Finished SqFt3,422 SqFtUnfinished Basement SqFt1,317 SqFtStories3Lot Size10,019 SqFtStyleDuplexYear Built1900ZoningMFCountyNEW LONDONAPNNORW M:101 B:1 L:61

Schools near 47 Fairmount Street

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

Teachers' Memorial Middle School
Public6 to 8

Special Needs Program
PublicK to 5

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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47 Fairmount Street is a multi-family home for sale in Norwich, CT 06360. This property was listed for sale on January 9, 2025 by HomeSmart Professionals Real Estate, it's currently listed at $235,000. It has been on the market for a total of 39 days and was last sold on February 23, 2006. This listing's school district is Norwich School District. Nearby schools include John B. Stanton School, Teachers' Memorial Middle School and Special Needs Program. 47 Fairmount Street is a 7-bed, 4.5-bath, 3,422 sqft multi-family home built in 1900.

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. Offers of compensation are subject to change at the discretion of the seller. 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 HomeSmart Professionals Real Estate, Holly Regoli

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.