37 Otis Street, Norwich, CT 06360

!!!Attention Investors!!! Long-term tenants are in place for immediate income generation!!! HIGHEST AND BEST BY SUNDAY 4/2/23 12NOON 1st floor unit's rent will increase from $1,000 to $1,600 effective August 1st, 2023. (confirmed) Recent updates include: - Freshly painted WHOLE EXTERIOR + Shared Foyer and Stairwell, 2nd level WHOLE INTERIOR, 3rd level WHOLE BATHROOM RENO. - Sewer Main Replacement. - BRAND NEW Boiler replacement + Re-sanding and Re-finishing hardwood floors on 2nd level unit. - All 3 chimney liners replacement, doors are up to fire code. This 3-family Historical Victorian home features a wrap-around porch, balcony, separate entrances, separate utilities, hardwood floors, large rooms, high ceilings, 3+ car garage/barn, ample street parking and more! The 1st and 2nd Floor Units both have 3 spacious bedrooms with a 4th that can be used as an office or rec room, full baths, living rooms, dining rooms. (1st floor unit have washer in unit) The 3rd Floor Unit have 2 large bedrooms, a newly updated bathroom and newer kitchen. House is close to casinos, hospital, bus lines, highway access, shopping & more! This will be an excellent investment property that commands TOP rental income! Schedule your showing today! As-is, Where-is sale! 1st floor unit's rent will increase from $1,000 to $1,600 effective August 1st, 2023. (confirmed) First floor tenant owns their own window ACs, washer and dryer. Breakdown of costs to sellers in recent updates: $1,600 for re-sanding and refinishing hardwood floors on the 2nd level unit. (completed Sep 2022) $2,750 for 2nd level unit interior painting + the front entrance foyer and stairwell. (completed October 2022) $6,000 for 3rd level bathroom (completed March 2023) $8,100 for 2nd level unit boiler replacement. (completed October 2022) $9,500 for sewer main line replacement. (completed Sep 2022) $13,200 for exterior painting, shrubs and bushes trimming. (completed Nov 2022)