239 North Main Street

Norwich, Connecticut 06360

Status
For Sale
Square Feet
2,818
Beds
7
Price
$440,000
Type
Multi-Family For Sale
Garages
0
Baths
4
MLS
24149977

Price

$440,000

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Interior Details

Interior Size
2,818 Sq Ft
Bedrooms
7
Bathrooms
4
Rooms Total
Garage
0

Exterior Details

Lot Size
0.14 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
None

Other Information

Property Tax
$6,249
Assessed Value
$154,400
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

Turnkey 4-unit multifamily property ideal for investors seeking stable income with minimal deferred maintenance. Two buildings consisting of three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, all recently remodeled with new flooring, fresh paint, updated light fixtures, and modern appliances throughout. Each unit features separate private exterior entrances, enhancing tenant privacy and reducing common-area maintenance. The property offers ample off-street, private parking for approximately 8-10 vehicles, a strong value-add amenity for tenant retention. Major capital improvements include a new roof installed in 2023, providing peace of mind and long-term durability. Separate electric and gas utilities for each unit allow tenants to be responsible for their own utilities, helping keep operating expenses low and improving net operating income. This well-maintained, updated multifamily property presents an excellent opportunity for steady cash flow, strong tenant demand, and long-term appreciation-a solid addition to any investment portfolio.
Listed by IMT Realty, Harrison Graham. Data sourced from SmartMLS

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