A 1912 Classic 5-Unit Multifamily available in Norwich CT This property consists of (4 1bed/1ba units and (1 2bed/1ba unit. All electric hot water and heating with separate meters. This 4,100 square foot building has spacious 1bedroom apartments. Great location between downtown and Chelsea Parade makes for easy access to amenities for tenants. Great opportunity for an investor looking to secure a huge Value-Add in raising below market rents, with the rental market steadily increasing in Norwich. 8percent Current CAP - 10percent+ Proforma Cap.
Sold for $435,000
Street View
$435,000
27 Greene Ave, Norwich, CT 06360
6beds
5,636sqft
Multi Family
Built in 1912
-- sqft lot
$502,000 Zestimate®
$77/sqft
$1,960 Estimated rent
Home value
$502,000
$447,000 - $562,000
$1,960/mo
Zestimate® history
Owner options
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$1,960/mo
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$1,960/mo
Rent Zestimate®
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$2,932/mo
Est. payment
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$2,932/mo
Est. payment
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Zillow last checked:
Bought with:
, RES.0816403
Berkshire Hathaway HomeServices New England Properties
Source: BHHS NE Properties sold,MLS#: 24038485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Baseboard
Cooling
- None
Interior area
- Total structure area: 5,636
- Total interior livable area: 5,636 sqft
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1912
- Major remodel year: 1912
Community & neighborhood
Location
- Region: Norwich
Price history
| Date | Event | Price |
|---|---|---|
| 12/5/2024 | Sold | $435,000$77/sqft |
Source: BHHS NE Properties sold #17dfe44024acce1402c6f89049322f60 Report a problem | ||
| 10/8/2024 | Pending sale | $435,000$77/sqft |
Source:  Smart MLS #24038485 Report a problem | ||
| 9/10/2024 | Listed for sale | $435,000$77/sqft |
Source:  Berkshire Hathaway HomeServices New England Properties #24038485 Report a problem | ||
| 8/23/2024 | Contingent | $435,000$77/sqft |
Source: Berkshire Hathaway HomeServices New England Properties #24038485 Report a problem | ||
| 8/10/2024 | Listed for sale | $435,000+8.8%$77/sqft |
Source: Smart MLS #24038485 Report a problem | ||
| 10/5/2023 | Listing removed | -- |
Source: Berkshire Hathaway HomeServices New England Properties Report a problem | ||
| 9/27/2023 | Listed for sale | $399,900$71/sqft |
Source: Smart MLS #170563512 Report a problem | ||
| 9/6/2023 | Pending sale | $399,900$71/sqft |
Source: Smart MLS #170563512 Report a problem | ||
| 8/29/2023 | Contingent | $399,900$71/sqft |
Source: Berkshire Hathaway HomeServices New England Properties #170563512 Report a problem | ||
| 7/27/2023 | Price change | $399,900-5.9%$71/sqft |
Source: Smart MLS #170563512 Report a problem | ||
| 5/16/2023 | Listed for sale | $425,000$75/sqft |
Source: Smart MLS #170563512 Report a problem | ||
| 5/4/2023 | Pending sale | $425,000$75/sqft |
Source: Berkshire Hathaway HomeServices New England Properties #170563512 Report a problem | ||
| 5/4/2023 | Contingent | $425,000$75/sqft |
Source: Smart MLS #170563512 Report a problem | ||
| 4/22/2023 | Listed for sale | $425,000$75/sqft |
Source: Smart MLS #170563512 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 06360
Nearby schools
GreatSchools rating
- 2/10Samuel Huntington SchoolGrades: PK-5Distance: 1.8 mi
- 5/10Kelly Middle SchoolGrades: 6-8Distance: 1.2 mi
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$502,000
2% more
+$10,040
With Zillow Showcase(estimated)
$512,040
- Connecticut
- New London County
- Norwich
- 06360
- 27 Greene Ave
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