A multi-family home close to town with spacious bedrooms and living space. Plenty of storage and parking. Close to all forms of transportation, schools and shopping. Come check it out today!!
Attention investors Multi-Family Home with Commercial Space in Norwich Property Features: * Utilities: Separate for each tenant * Income Potential: * $1,500/month: 2-bedroom, 1-bath (remodeled) * $850/month: 4-bedroom, 1-bath (tenant with no lease) * $800/month: Studio, 1-bath ( needs remodel) Commercial Space: * Located on the first floor * Previous use as a restaurant; can be converted for various businesses (mini grocery store, beauty/barber shop, nail salon, office, etc.) * Possibility to convert into residential space with 3 bedrooms Condition: * The owner has made significant repairs, including: * New siding * New gutters * New windows * Roof in good condition (about 10 years old) * The two-bedroom unit is fully remodeled; the four-bedroom unit has a remodeled kitchen and bathroom. The commercial space and studio need remodeling. All units have separate electric utilities. Location: This property is centrally located, just 10 minutes from Mohegan Sun Casino and 13 minutes from Foxwoods Resort Casino! top entertainment places in Connecticut, making it an attractive option for both tenants and businesses. This is an excellent investment opportunity!
Investors take note, "Located in the heart of the city, 313 Central Ave offers the perfect blend of convenience and comfort. This multi-family property features, 2 units with a store front, 2nd floor is a 4 bedroom 1 bathroom apartment and the 1st floor is 1bedroom ,2 Bathroom with store front. There is big open lot with this building. You just steps away from local amenities like shops, restaurants, schools, or parks.Don't miss the chance to make this property your new home or investment property.
Half rented 2 family, second floor is vacant and a bonus of a income producing 3 car garage. Garage is rented for $300 a month! Tenants pay their own heat, electric and hot water. Separate utilities for all 3, tenant prefers to stay and paying on time! Good income potential or owner occupied and pay your mortgage.
Multi-family home close to town with spacious bedrooms and living space. Plenty of storage and parking. Close to all forms of transportation, schools and shopping. Come check it out today!!
This well maintained 5 unit with a former yoga studio is perfect for owner occupant or investor. All utilities are separate and tenant paid. Many of the units have been renovated. The roof is approximately 7 years old. The tenants share a rear deck and there is ample parking in rear of building as well as on street parking.
Exciting Investment Opportunity! Introducing two rental units in a storefront building with an income-generating unit and store front that is ripe for renovation. This prime property offers endless possibilities for savvy investors or business owners looking to customize a space to their needs. Don't miss out on this chance to transform this space into a lucrative venture tailored to your vision and goals.
This five unit multi-family property presents an excellent investment opportunity with a total of eight bedrooms across the units. It is well maintained and updated. Three units have washer and dryer hookups, and the rents are currently below market value. The property has the potential to generate an annual income of $80,000 or more. Additionally, there is a detached garage in the back that provides an opportunity for extra rental income. Private parking spaces in the back of the building as well as plenty of street parking available. Fully rented, 48 hour notice to view the units.
Lots of potential for this two-family! Tenants to convey. Updates include: some siding, flooring, cabinets, and maintenance to HVAC and boiler.
**Beautifully Remodeled Two-Family in Norwich, CT - Turn Key Ready!** Welcome to this thoughtfully remodeled two-family home, where no detail has been overlooked. This property features two brand new studio apartments, each with over 600 sq ft of bright and open living space. Step inside to discover an open floor plan with high ceilings and vinyl plank flooring throughout, creating a seamless and spacious feel. The modern design and attention to detail make this home truly turn-key, ready for you or your tenants to move in and enjoy. Each studio apartment comes equipped with laundry hookups and efficient split systems for heating and cooling, ensuring comfort year-round. On-street parking is available. This home is ideally situated close to casinos, shopping centers, restaurants, and public transportation, making it a prime spot for both work and play. Don't miss out on this incredible opportunity to own a beautifully remodeled, income-generating property! See for yourself all that this home has to offer!
Discover the perfect project for your next real estate venture or dream home transformation! This unique multi-family stone property offers incredible potential for those with a vision. A true fixer-upper, this home invites you to bring your creative ideas and personal touch. Restore its original charm or modernize it with contemporary upgrades. Shared driveway and 3-car garage. NEW ROOF!
Investors and homebuyers alike won't want to miss out on this incredible opportunity in northern Norwich - a 3 unit home on Franklin Ave offering nearly 3,000 square feet of living space, separate entry to each unit, ample off-street parking, and a full basement for added storage. Don't let this chance slip away! New sidings, inside all Framed bring your contractor/re-development hat to this great opportunity. Estimated $150k to finish this project.
Rare investment property currently occupied by orderly tenants who can provide attractive cashflow to the right investor. Seller is ready to consider cash sales only. The property is well maintained, has a manicured backyard and ample parking for all tenants.
Endless Business opportunity in historic downtown Norwich! 6000 square feet retail space, potential two three bedrooms apartments on the second floor! May be qualified for the NCDC program funding.
2 Commercial buildings situated on 0.41 acres 1/2 mile north of downtown Norwich in an Historic District. Building 1: Total of 2,099 SF with enclosed porch. 1st Floor is 442 SF, 2 offices, 2 bathrooms and 3 car garage. 2nd Floor is 1,022 SF, with 1 1/2 bathrooms. Building 2: Total of 7,042 SF, 2 stories with full basement. First and second floor approximately 2,354 SF each. 1 1/2 baths, granite entry, hardwood floors. Handicap accessible. Front porch with view of St. Patrick's Cathedral. Numerous antique fireplace, hardwood floors. Beautiful landscaping and grounds. Historic District. All offers subject to bankruptcy court approval.
Norwich is located in Connecticut. Norwich, Connecticut has a population of 40,020. Norwich is less family-centric than the surrounding county with 20.84% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Norwich, Connecticut is $59,791. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Norwich is 39.3 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 50.7 inches per year, with 27.4 inches of snow per year.
