$375,000
Active Under Contract
14 Days Online
11 Beds4 Baths4,593 SQFT
Active Under Contract

118 Norwich Avenue Norwich, CT 06360

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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"

  • Property TypeMulti-Family
  • NeighborhoodTaftville
  • CountyNew London
  • Taxes$5,085
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24014528
  • Home Size Source Public Records
  • Year Built1875
  • Lot Size0.62 Acres
  • Full Baths4
  • Partial BathsN/A

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General Features

  • Style Units on different FloorsUnits are Side-by- Side
  • Construction Vinyl Siding
  • Parking None
  • Sewer Public Sewer
  • Basement Full
  • Acreage 0.62
  • Water Public
  • Property Sub Type Quadruplex
  • Foundation Concrete PerimeterStone
  • Zoning Gc/R10

Interior Features

  • Cooling None
  • Heating Other
  • Fireplaces 0

Exterior Features

  • Roof Asphalt
  • Waterfront Property No
  • Waterfront Features Not Applicable
  • Lot N/ A

Schools

School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
Norwich Free Academy

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Monthly Payment (Est.)

$2,000
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