Sold for $375,000

$375,000

568 North Main Street, Norwich, CT 06360

6beds

4,284sqft

Multi Family

Built in 1875

-- sqft lot

$467,100 Zestimate^®

$88/sqft

$2,026 Estimated rent

Home value

$467,100

$434,000 - $504,000

$2,026/mo

Zestimate^® history

Owner options

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$2,026/mo

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$2,026/mo

Rent Zestimate^®

Refinance and save

$2,567/mo

Est. payment

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$2,567/mo

Est. payment

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What's special

New decksSpacious two car garageNew windowsNew roof

Presenting the opportunity to acquire a 5 unit investment property brimming with opportunity and potential for huge upside. Four of the units are one bedroom, with substantially below market rents. The fifth unit is a massive value ad, and is currently a partially finished two bedroom, ready for your personalized finishing touch! This unit can be owner occupied or rented out for substantial additional income as the unit is an inviting and spacious multi-level layout. In the basement you'll find brand new mechanicals and the spacious two car garage offers additional storage space or a development opportunity. The property has both a new roof, and new decks, as well as new windows and an excellent riverfront location just 15 minutes from Mohegan Sun and Foxwoods and 30 minutes to Mystic.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 5

Heating

Baseboard, Electric

Cooling

None

Appliances

Included: Water Heater
Laundry: In Unit

Features

Basement: Full,Unfinished,Hatchway Access,Concrete
Attic: Access Via Hatch
Number of fireplaces: 3

Interior area

Total structure area: 4,284
Total interior livable area: 4,284 sqft
Finished area above ground: 4,284

Property

Parking

Total spaces: 4
Parking features: Detached
Garage spaces: 4

Features

Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Waterfront features: Walk to Water

Lot

Size: 3,484 Square Feet
Features: Corner Lot

Details

Parcel number: 2027909
Zoning: MF

Construction

Type & style

Home type: MultiFamily
Architectural style: Units on different Floors
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Brick/Mortar, Stone
Roof: Asphalt,Gable

Condition

New construction: No
Year built: 1875

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Greenville

HOA

Has HOA: No

Location

Region: Norwich

Financial & listing details

Price per square foot: $88/sqft
Tax assessed value: $183,700
Annual tax amount: $7,017
Date on market: 5/4/2024

Price history

Date	Event	Price
9/18/2024	Sold	$375,000-6.3%$88/sqft
Source: Smart MLS #24015295 Report a problem
5/16/2024	Pending sale	$400,000$93/sqft
Source: Smart MLS #24015295 Report a problem
5/3/2024	Listed for sale	$400,000-11.1%$93/sqft
Source: Smart MLS #24015295 Report a problem
5/1/2024	Listing removed	--
Source: Smart MLS #170610193 Report a problem
2/22/2024	Listed for sale	$450,000$105/sqft
Source: Smart MLS #170610193 Report a problem
1/17/2024	Listing removed	--
Source: Smart MLS #170610193 Report a problem
1/3/2024	Price change	$450,000-5.3%$105/sqft
Source: Smart MLS #170610193 Report a problem
11/15/2023	Price change	$475,000-4%$111/sqft
Source: Smart MLS #170610193 Report a problem
11/13/2023	Listed for sale	$495,000$116/sqft
Source: Smart MLS #170610193 Report a problem