227 W Town Street, Norwich CT, 06360
(Active)
$575,000
|
9 beds, 6 Full baths, 4,303 sqft
|
MLS# 170611522
Last Updated: 5/5/2024 7:26 PM
Description for
227 W Town Street
Norwich, CT 06360
Great investment property! 2 buildings with 4 apartments. Fully leased. NOI is $50,000, 8 CAP. Building 1 has 2 apartments with high ceilings, hardwood floors, natural light, washer & dryer, ceiling fans and some outdoor deck. Building 2 has 2 apartments, 1 studio, 1 two bedroom and 1 garage. Property is very well maintained with parking on site. Conveniently located near I-395. Please see also MLS #170611522.
Price
$575,000
New London
9
6 Full
4,303 (approx)
170611522
Active
Description
Great investment property! 2 buildings with 4 apartments. Fully leased. NOI is $50,000, 8 CAP. Building 1 has 2 apartments with high ceilings, hardwood floors, natural light, washer & dryer, ceiling fans and some outdoor deck. Building 2 has 2 apartments, 1 studio, 1 two bedroom and 1 garage. Property is very well maintained with parking on site. Conveniently located near I-395. Please see also MLS #170611522.
Listing Information
| Property Type: Multi-Family, Other | ||
| 9 | 6 Full | |
| 23 | 0.66 Acres | 4,303 (approx) |
| 1885 | Vinyl siding | |
Public
Public Sewer
Neighborhood
School Information
| Per Board of Ed | Per Board of Ed | Per Board of Ed |
Room Information
| Bathrooms | |||
| 6 | |||
Interior Features
Ceiling Fan(s)
Gas Heat, Electric Heating,
Forced Air, Baseboard
Full
Exterior / Lot Features
6 Parking Spaces,
Vinyl
Asphalt
NC
Sloped, Wooded
Driving Directions
From I-395 North to Exit 14. Left off exit. Property will be on the right.
Financial Considerations
| 2026351 |
| $8,378 |
Listing Price History
Norwich Real Estate
Norwich is located in Connecticut. Norwich, Connecticut 06360 has a population of 36,166.
The median household income for the surrounding county is $75,589 compared to the national median of $66,222. The median age of people living in Norwich 06360 is 43 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 1/30/2024 | Active | $575,000 USD -4.01% |
|
| 11/20/2023 | Active | $599,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2019 | $8,136 USD | 44.28% | $200,200 USD | 47.21% |
| 2018 | $5,639 USD | 1.95% | $136,000 USD | - |
| 2017 | $5,531 USD | -2.45% | $136,000 USD | - |
| 2016 | $5,670 USD | 0.73% | $136,000 USD | - |
| 2015 | $5,629 USD | 19.77% | $136,000 USD | 12.96% |