Coming Soon

$299,000 ($107.94 per sqft)

Coming Soon

Est. Mortgage $1,632/mo *

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366 West Thames Street, Norwich, (Laurel Hill), CT, 06360

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10 rooms

6 beds

4 Full baths

1890

Units on different Floors, Units are Side-by-Side

2,770 sqft

Unlock the potential of this dated four-family property, perfectly positioned in a rapidly growing town. Situated near thriving casinos and an exciting new development, this property offers immense value-add potential. The building features four separate units with flexible layouts, providing various bedroom and bathroom options to suit different tenant needs. Although in need of updates, the property presents a blank canvas for modern renovations that can significantly boost rental income and property value. With a solid structure and prime location, it promises strong tenant demand due to its proximity to entertainment, dining, and new development amenities. Investors can take advantage of the high demand area, increasing rental opportunities from the influx of visitors and workers from nearby attractions. This is a rare opportunity to enhance the property's value and capitalize on the flourishing local economy and future appreciation. Parking lot found in rear of the building for tenants.

Status:

Coming Soon

Town:

Norwich

Type:

Multi-family

Laundry Remarks:

Basement Hook-Up(s),Common Laundry Area

Units:

Zoning:

Garage:

None, Off Street Parking, Parking Lot

Heating:

Baseboard, Hot Air

Cooling:

Window Unit

Basement:

Partial, Partially Finished

Parking:

5-car

Acreage:

0.23

Est. Taxes:

$7,767

Assessment

$233,600

Lot Description:

City Views

Elementary School:

John B. Stanton

High School:

Norwich Free Academy

MLS #:

24068721

Community Info

School Info

Walk Score

Mass Transit

Yelp

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