327 Central Avenue Open House Save Request In-Person Tour Request Virtual Tour
Norwich,CT 06360
OPEN HOUSE
Sun Dec 01, 12:00pm - 1:30pm
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,096 sqft
Price per Sqft $113
MLS Listing ID 24061367
Style Units on different Floors,Other
Bedrooms 7
Full Baths 3
Half Baths 1
Year Built 1850
Annual Tax Amount $2,834
Lot Size 5,227 Sqft
Property Description
Attention investors Multi-Family Home with Commercial Space in Norwich Property Features: * Utilities: Separate for each tenant * Income Potential: * $1,500/month: 2-bedroom, 1-bath (remodeled) * $850/month: 4-bedroom, 1-bath (tenant with no lease) * $800/month: Studio, 1-bath ( needs remodel) Commercial Space: * Located on the first floor * Previous use as a restaurant; can be converted for various businesses (mini grocery store, beauty/barber shop, nail salon, office, etc.) * Possibility to convert into residential space with 3 bedrooms Condition: * The owner has made significant repairs, including: * New siding * New gutters * New windows * Roof in good condition (about 10 years old) * The two-bedroom unit is fully remodeled; the four-bedroom unit has a remodeled kitchen and bathroom. The commercial space and studio need remodeling. All units have separate electric utilities. Location: This property is centrally located, just 10 minutes from Mohegan Sun Casino and 13 minutes from Foxwoods Resort Casino! top entertainment places in Connecticut, making it an attractive option for both tenants and businesses. This is an excellent investment opportunity!
Location
State CT
County New London
Zoning MF
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Exterior
Garage None,Off Street Parking,Driveway
Waterfront Description Not Applicable
Roof Type Shingle
Building
Lot Description Corner Lot,Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed