227 West Town Street Norwich, CT ^$ 575,000

227 West Town Street

^$ 575,000

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227 West Town Street

Norwich, CT, 06360

^$ 575,000

Bedrooms9 Baths6.0 Sq 4,303

Monthly Estimate*

^$ 4,017

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227 West Town Street, Norwich, CT 06360 - Image 9

227 West Town Street, Norwich, CT 06360 - Image 10

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Multi-Family Home for sale in Norwich, CT

for $575,000 with 9 bedrooms and 6 full baths. This 4,303 square foot home was built in 1885 on a lot size of 0.66.

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.

Multi-Family Active

Price

^$ 575,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Units on different Floors

Lot Size

0.66

Year Built

1885

Town/City

Norwich

MLS | Web ID

170611522

Features

General

Zoning NC

Full Baths 6

Half Baths 0

Year Built 1885

Neighborhood N/A

Style Units on different Floors

Heater Type Baseboard Gas on Gas Hot Air

County New London

Property SubType 5 Family+

Tax Year July 2023-June 2024

Property Type Multi-Family For Sale

Status Active

Acres 0.66

Directions From I-395 North to Exit 14. Left off exit. Property will be on the right.

High School Per Board of Ed

City Norwich

Street Name Town

Elementary School Per Board of Ed

Sq Ft Total 4303

DOM 156

Video Tour Y/N 0

Year Built Source Public Records

Interior

Cooling System Ceiling Fans

Basement Description Full

Total Rooms 23

Hot Water 80 Gallon Tank

Total Bathrooms 6

Total Bedrooms 9

Total Number of Units 5

Exterior

Water Source Public Water Connected

Garage Parking None Parking Lot

Lot Description Treed Sloping Lot

Pool? 0

Internal Only

Street Number 1 227

* Excluded Features

List By

Constance Howard

Listing Agent

Us Properties

Broker

chowardusp@gmail.com

Affordability Calculator

$4,017

Per Month

Monthly Principal & Interest: $4,017
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Norwich, CT

Average List Price ^$381,888

Percent of Sale Price 34%

About Norwich, CT

39,931 Population

11% Since 2002

^$52,475 Median Income

39.76 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

896384 Elementary School

895528 Middle School

Per Board Of Ed High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/30/2024	$575,000	-4.01%	Price Down
11/20/2023	$599,000		Listed Price

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227 West Town Street, Norwich, CT, 06360 is a Multi-Family Home for sale at $575,000 with 4,303 sqft and a lot size of 0.66. 227 West Town Street has 9 bedrooms, 6.0 baths, and was built in 1885. The property's zip code is 06360 which is in Norwich, CT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to a buying decision should be independently verified.

Information on this this page is provided by the Smart Multiple Listing Service, Inc. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by consumers looking to purchase real estate is prohibited.

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227 West Town Street

Multi-Family Home for sale in Norwich, CT

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