550,000

House for sale Norwich
Property photo number 1 of 16 Photos for Property. File  105442855_29_2ecfd64b9ea1853e5d1c55937947c55a.jpeg

Overview

SUMMARY: Discover an opportunity with this Norwich house for sale and available for 550,000. This could be your next ideal home or a smart investment. More details await.
Vacant three-family investment opportunity offering two three-bedroom units and one two-bedroom unit, providing a total of eight bedrooms plus bonus rooms across approximately 2,964 square feet. With all three units currently vacant, a new owner has the flexibility to establish
new leases and implement their preferred management strategy from day one. Once fully leased this asset will yield a 22% cash on cash return at full ask. Built in 1870 and situated on approximately 0.23 acres, this property offers public water/sewer, electric/gas heat and hot water, city trash pickup and 1:1 parking.
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Details

  • Beds: 8
  • Baths: 4
  • Price: 550,000
  • Reference No.: 95804975
  • Area: 2,964 sqft

Location

Marketed by:

  • Anthony Velez
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Disclaimer

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