Norwich, CT 06380,205 Norwich Avenue

$360,000

Est. payment /mo

$360,000

Est.Price: ?

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205 Norwich Avenue Norwich, CT 06380

8 Beds

3 Baths

3,633 SqFt

SOLD DATE : 09/09/2024

Key Details

Sold Price $360,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,633 sqft

Price per Sqft $99

MLS Listing ID 24029730

Sold Date 09/09/24

Style 4updown - Unit(s) per Floor

Bedrooms 8

Full Baths 3

Year Built 1900

Annual Tax Amount $4,030

Lot Size 9,147 Sqft

Property Description

Key Points about the MixUse Property: Occupancy: 3 residential units occupied + 1 commercial unit with restroom Building Information: Limited information available from owners about permits and mechanical systems. Utilities: Tenants pay for their own utilities. Inspections: Allowed for informational purposes only. Buyers should conduct their own due diligence. Parking: Good off-street parking availability. Location: Great location for a commercial business. Access: Requires 48 hours notice to access the property, likely to avoid disturbing residents. This could be a good deal for: Investors comfortable with some uncertainty and willing to conduct thorough inspections. Businesses seeking a good location with ample parking. Important to Consider: Schedule inspections to assess the building's condition (plumbing, electrical, etc.) Investigate permits and ensure the commercial unit complies with regulations. Factor in potential costs for repairs or upgrades based on inspection findings. Overall, with proper due diligence, this could be a good opportunity due to the good location, parking, and existing commercial space.

Location

State CT

County New London

Zoning GC

Rooms

Basement Full

Interior

Heating Hot Air

Cooling None

Exterior

Exterior Feature Balcony, Deck, Gutters

Garage None

Roof Type Asphalt Shingle,Flat

Building

Lot Description Corner Lot, City Views, Sloping Lot

Foundation Block

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Norwich Free Academy

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Listed by Miguel Afanador • Mikasa Realty Group, Inc.
Bought with Miguel Afanador • Mikasa Realty Group, Inc.

Charles Nedder

License ID: RES.0767158

+1(203) 524-4303

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