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 on 12/05/24
Street View
$435,000
27 Greene Ave, Norwich, CT 06360
6beds
5,636sqft
Multi Family
Built in 1912
-- sqft lot
$469,500 Zestimate®
$77/sqft
$2,623 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
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
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$469,500
2% more+$9,390
With Zillow Showcase(estimated)$478,890