29 Mitchell St, Norwich, NY

Real Estate

For Sale

Listed price in listed location currency (USD).

$69,900

230

MLS® S1663294

Overview

Key Facts

Type Multi Family

Levels Residential

Size 1882 sqft

Garage No

Taxes $2,834

Days Active 1

Lot Size 0.23 acres

Approx. Age 1900

Avg. Price Per Sqft $37

MLS® Number S1663294

Property Address: 29 Mitchell St, Norwich, NY, 13815-1979

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

Description

CASH INVESTORS — VALUE-ADD 3-UNIT OPPORTUNITY PRICED TO MOVE. 29 Mitchell Street is a true repositioning play in the City of Norwich. Offered at just $69, 900, this 1, 882 sq ft triplex (studio + two 1BR units) sits on a .23-acre lot and presents significant upside for investors looking to renovate, stabilize, and drive cash flow. Major mechanical already in place with newer boiler (approx. 1 year old). Public water/sewer. Updated porches (new railings and steps). Attached rear shed for additional storage. Property currently vacant with heat and water shut off — clean slate for full value-add execution. Strong rental demand in the area. Post-renovation projected rents estimated at approximately: • Studio: $700–$800/month • 1BR Units: $850–$950/month each Projected gross monthly income: $2, 400+ Projected annual gross: $28, 000+ At stabilization, this asset has the potential to generate strong cash-on-cash returns at this entry price point. Sold AS-IS. Cash or rehab financing only. Escrow deposit due within 24–48 hours of accepted offer. Bring your contractor, run your numbers, and move quickly — opportunities at this price don’t last.

MLS® NumberS1663294

Laundry Level

Central VacNo

FireplaceNo

Acreage0.23

Exterior

GarageNo

Approx. Age1900

BasementDirt Floor, Full

DrivewayTwo Or More Spaces

Garage Spaces0

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 23, 2026List Date

$69,900List Price

Map

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