$435,000 ($77.18 per sqft)

Under Contract

Est. Mortgage $2,171/mo *

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27 Greene Avenue, Norwich, CT, 06360

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16 rooms

6 beds

5 Full baths

1912

Units on different Floors

5,636 sqft

A 1912 Classic 5-Unit Multifamily available in Norwich CT! This property consists of (4) 1bed/1ba units and (1) 2bed/1ba unit. All electric hot water and heating with separate meters. This 4,100 square foot building has spacious 1bedroom apartments. Great location between downtown and Chelsea Parade makes for easy access to amenities for tenants. Great opportunity for an investor looking to secure a huge Value-Add in raising below market rents, with the rental market steadily increasing in Norwich. 8percent Current CAP - 10percent+ Proforma Cap.

Status:

Under Contract

Type:

Multi-family

Units:

Zoning:

Garage:

2-car Detached Garage

Heating:

Baseboard

Cooling:

Window Unit, None

Basement:

Full, Unfinished, Shared Basement

Acreage:

0.37

Est. Taxes:

$6,471

Assessment

$169,400

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Norwich Free Academy

Days on Market:

MLS #:

24038485

Community Info

School Info

Walk Score

Mass Transit

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