Investors take notice!!! A great multi-family and commercial opportunity. Long-term tenants currently occupy two one-bedroom apartments on the second floor. Two vacant storefronts on the first floor. Bringing in $15,600 in annual revenue with just the upstairs apartments. Some updates include two brand new water heaters for each apartment, Roof is 5yrs old. The front of the property got freshly painted. The perfect location for any business with great visibility and on a major three-way intersection. Franklin St. is known for having yearly parades. Shared parking/driveway behind the building, along with street parking. Property has video surveillance & fire alarm system which conveys with the sale. Motivated seller, make an offer.
Sold for $105,000 on 12/09/22
$105,000
208 Franklin Street, Norwich, CT 06360
2beds
2,124sqft
Multi Family
Built in 1900
-- sqft lot
$205,100 Zestimate®
$49/sqft
$2,021 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 09, 2022 at 02:24pm
Listed by:
Yeminis Baez 860-514-3769,
Kazantzis Real Estate, LLC 860-774-2733
Bought with:
Yeminis Baez, RES.0804146
Kazantzis Real Estate, LLC
Source: Smart MLS,MLS#: 170501750
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Radiant, Natural Gas, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full,Unfinished
- Attic: None
Interior area
- Total structure area: 2,124
- Total interior livable area: 2,124 sqft
- Finished area above ground: 2,124
Property
Parking
- Parking features: Other, Shared Driveway
- Has uncovered spaces: Yes
Lot
- Size: 2,178 sqft
Details
- Parcel number: 2031791
- Zoning: CC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors,Units are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Flat
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Norwich
Sell with ease on Zillow
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$205,100
2% more+$4,102
With Zillow Showcase(estimated)$209,202