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
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 | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$526,200
2% more
+$10,524
With Zillow Showcase(estimated)
$536,724
