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Sold for $320,000 on 09/08/23
  • $320,000

    111 Laurel Hill Avenue, Norwich, CT 06360

    6beds
    2,614sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $399,000 Zestimate®
    $122/sqft
    $2,159 Estimated rent

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    $2,159/mo

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    $2,159/mo

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    $2,108/mo

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    $2,108/mo

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    What's special

    INVESTORS TAKE NOTE OF THIS RARE OPPORTUNITY TO OWN A SPACIOUS FULLY RENTED 3 FAMILY HOME IN A CENTRAL LOCATION! This large 3 family home offers so much potential...Each unit features 2 large bedrooms, 1 full bath, and have spacious living rooms complete with eat in kitchens and pantry. Talk about value, a series of renovations and value add projects have been completed from 2008 all the way up to 2023. The most recent renovation includes a complete overhaul of the 3rd floor to include new flooring, sheet rock, lighting, kitchen, appliances, plumbing, and more that has to be seen to be appreciated! In addition to these renovations, major upgrades have been completed including newer hot water heaters and total roof replacement in 2008. The potential continues with opportunity to increase rental income over the years yet start collecting right away. This property has a separate driveway for tenant parking and offers low maintenance for the future owner. For those looking to add to, start, or diversify their investment portfolio, this is the ideal opportunity! Own an income producing asset that is ideally located nearby shopping, casino attractions, major highways, and public transportation in New London county. Don't miss this unique opportunity to simply invest and collect!

    Zillow last checked: 8 hours ago

    Listing updated: September 09, 2023 at 06:36am

    Listed by:

    The Vanderblue Team at Higgins Group,

    Melissa Montagno 203-887-1340,

    Higgins Group Real Estate 203-254-9000

    Bought with:

    Lauren Freedman, REB.0792452

    Coldwell Banker Realty

    Source: Smart MLS,MLS#: 170588796MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas on Gas, Electric, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater, Electric Water Heater, Gas Water Heater
    • Laundry: None
    Features
    • Basement: Full,Unfinished
    • Attic: Finished
    Interior area
    • Total structure area: 2,614
    • Total interior livable area: 2,614 sqft
    • Finished area above ground: 2,614

    Property

    Parking
    • Parking features: Driveway, Paved
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 4,356 sqft
    • Features: Level
    Details
    • Parcel number: 2416557
    • Zoning: MF

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Near Public Transport, Lake, Park
    Location
    • Region: Norwich
    • Subdivision: Laurel Hill
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    $399,000
    2% more+$7,980
    With Zillow Showcase(estimated)$406,980