$373,000
$299,999
24.3%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
5 Baths
4,938 SqFt
SOLD DATE : 04/23/2025
Key Details
Sold Price $373,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,938 sqft
Price per Sqft $75
MLS Listing ID 24077472
Sold Date 04/23/25
Style Other
Bedrooms 10
Full Baths 5
Year Built 1900
Annual Tax Amount $12,392
Lot Size 7,405 Sqft
Property Sub-Type 4 Family
Property Description
"OFFERS DEADLINE- WEDNESDAY 3/5/25- 12PM" Investor Special! Spacious 4-Family in Prime Norwich Location - Minutes from Casinos! Calling all investors! This nearly 5,000 sq. ft. 4-family property in Norwich is a fantastic value-add opportunity with huge income potential. Located just 13 minutes from Foxwoods and 7 minutes from Mohegan Sun, this multi-unit building is perfectly positioned to attract tenants seeking proximity to major entertainment, dining, and employment hubs. While the property needs work, it offers a solid foundation for a high-return investment. Whether you're looking to renovate and rent, flip for profit, or add to your rental portfolio, this is a prime opportunity to capitalize on the strong local rental demand. Key Features: 4 spacious units with significant upside potential Almost 5,000 sq. ft. of living space Located in a high-demand rental area Just minutes from casinos, shopping, and dining Strong value-add potential for savvy investors Bring your vision and make this property shine! Don't miss out on this income-generating opportunity in a rapidly growing market. Schedule a showing today!
Location
State CT
County New London
Zoning MF
Rooms
Basement Full, Full With Walk-Out
Interior
Heating Baseboard, Hot Air
Cooling Window Unit
Exterior
Parking Features None, Paved, Driveway
Waterfront Description Not Applicable
Roof Type Shingle
Building
Lot Description City Views
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Norwich Free Academy
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Bought with Joe Malerba • eXp Realty
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Broker-Associate, CBR | Lic# 10301212106