List Price

$750,000

Status

Deposit

Type

Multi-Family

Beds

12

Baths

4

Sq. Ft.

4,293

Built

2022

Acres

7.31

$ / Sq. Ft.

$175

FeeKeeper

54

Style

Units on different Floors, Units are Side-by-Side

Taxes

$18,959

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

A unique chance to acquire a four-family residence in the tranquil Norwich, CT, generating over 90k a year, is now available. This property underwent a complete renovation in 2022 and occupies 2.37 acres. It features four units, each with three bedrooms, one-bathroom. All of the units are feature stainless steel appliances, granite countertops, energy-efficient, electric mini-splits for heating and cooling, and semi-private decks, among other amenities. In addition, there is a coin-op laundry room on premise for additional income. All units have individual electric meters. New sewer line from home to street recently installed. The property generates an annual gross income exceeding $90,000 and has the potential for subdivision into additional building lots. Included in the sale is an extra 4.94-acre lot at 514 Canterbury Turnpike, encompassing Topliff Drive with access to Old Canterbury Turnpike. Taxes, assessed value, and acreage reflect the combination of 526 and 514 Canterbury tpke. Also listing in a portfolio with adjoining multifamily MLS 24042939

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You Keep The Fee

Estimated rebate calculated using List Price and co-broker commission offered on the MLS. Realtor commission rebates are not available where prohibited by law. See full Terms and Conditions .

$18,750

Commission structure not available, using default of 2.5%

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Questions

FeeKeeper is here to help, reach out with any questions you may have.

(860) 310-1255

Brokered By

Joyce Perlot, eXp Realty

  • Last Checked 1 Minute
  • Last MLS Update 11 Days

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