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Listed price in listed location currency (USD).
$550,000

842

MLS® 24202005

Overview

Key Facts

Type Triplex
Levels Residential Income
Size 2964 sqft
Garage Yes
Taxes $6,975
Days Active 4
Lot Size 0.23 Acres
Approx. Age 1870
Avg. Price Per Sqft $185
MLS® Number 24202005

Property Address: 119 Williams St, Norwich, CT, 06360-3441

Average square foot calculated using Size range provided by listing agent.

Description

Vacant three-family investment opportunity offering two three-bedroom units and one two-bedroom unit, providing a total of eight bedrooms plus bonus rooms across approximately 2, 964 square feet. With all three units currently vacant, a new owner has the flexibility to establish new leases and implement their preferred management strategy from day one. Once fully leased this asset will yield a 22% cash on cash return at full ask. Built in 1870 and situated on approximately 0.23 acres, this property offers public water/sewer, electric/gas heat and hot water, city trash pickup and 1:1 parking.
MLS® Number24202005
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1870
BasementFull
DrivewayDetached Garage
Garage Spaces
HeatElectric, Natural Gas, Baseboard, Gas on Gas
A/CWall Unit

Extras

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