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$ 475,000
Est. payment /mo
Under Contract
22 Perkins Avenue Norwich, CT 06360
7 Beds
3 Baths
5,063 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,063 sqft
Price per Sqft $93
MLS Listing ID 24113502
Style Units on different Floors
Bedrooms 7
Full Baths 3
Year Built 1909
Annual Tax Amount $13,136
Lot Size 0.940 Acres
Property Sub-Type 3 Family
Property Description
INVESTORS TAKE NOTICE!!!!! Beautiful 3 Family in heart of Norwich's historic district, right across from St. Patrick Cathedral. Property features (1) 4 Bedroom and (2) 2 Bedroom units, with in-unit laundry and tenant paid utilities. There is also a partially finished 4th unit that is framed out as a large 3 bedroom unit with electric and pluming, which is a massive add value opportunity. This property features all the features you want to see in a multifamily investment. The lot also features a large parking lot and 4 car garage, providing opportunity for an additional income source. Great investment opportunity, with the add value opportunity of adding that 4th unit. DAY 1 yields ~ $1,500 in NET profit after all expenses and mortgage payment, with a 20%+ Proforma ROI. Call today, this won't last long.
Location
State CT
County New London
Zoning MF
Rooms
Basement Full
Interior
Heating Hot Water
Cooling None
Fireplaces Number 2
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Anthony Velez • VC Property Group, LLC