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Off market
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  • $503,600

    30 McKinley Ave, Norwich, CT 06360

    12beds
    5,634sqft
    5 Family+
    Built in 1938
    -- sqft lot
    $503,600 Zestimate®
    $89/sqft
    $2,137 Estimated rent

    Owner options

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    $2,137/mo

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    $2,137/mo

    Rent Zestimate®

    Refinance and save

    $3,318/mo

    Est. payment

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    $3,318/mo

    Est. payment

    What's special

    This is a great opportunity to purchase an entirely renovated property with an 9.5+% CAP rate, located ½ mile from Bakus Hospital and the highway + close to town and less than 5 miles to Mohegan Sun Casino. The property is a total of (6) 2 bed/1 bath units with approx. 940 SF each. The entire building was renovated in 2015 including: roof, windows, furnaces/hot water heaters, electrical, plumbing and back porches. All units have been completely remodeled in 2015 including sheetrock, flooring, kitchens, baths, and fixtures. The utilities are separate and tenant paid - electric, gas H&HW + CAIR. The front of the building and the two 1st floor units are handicap accessible. There is no laundry on site. There are currently 2 Sect. 8 tenants. There are two driveways + off street parking behind the property. The asset is currently owner managed. There is city trash pick-up. This is truly a turn key investment opportunity.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Interior area
    • Total interior livable area: 5,634 sqft

    Property

    Lot
    • Size: 0.58 Acres
    Details
    • Parcel number: 2031749

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5 Family+
    Condition
    • Year built: 1938

    Utilities & green energy

    • Water: Public Water Connected

    Community & neighborhood

    Location
    • Region: Norwich

    Other

    Other facts
    • Attic YN: 0
    • Direct Waterfront YN: 0
    • Exterior Features: Sidewalk, Porch, Lighting
    • Heat Fuel Type: Natural Gas
    • Hot Water Description: Natural Gas
    • Fuel Tank Location: Non Applicable
    • Lot Description: Level Lot
    • Property Type: Multi-Family For Sale
    • Sewage System: Public Sewer Connected
    • Style: 3updown - Unit(s) per Floor
    • Water Source: Public Water Connected
    • Basement Description: Unfinished, Interior Access, Hatchway Access, Full
    • Driveway Type: Paved, Private
    • Energy Features: Thermopane Windows
    • Nearby Amenities: Walk to Bus Lines, Commuter Bus, Medical Facilities, Public Transportation, Park, Library
    • Exterior Siding: Stucco, Stone
    • Swimming Pool YN: 0
    • Home Warranty Offered YN: 0
    • Cooling System: Central Air
    • Flood Zone YN: 0
    • Heat Type: Hot Air
    • Construction Description: Frame
    • Handicap Features: Ramps
    • Foundation Type: Concrete
    • Waterfront Description: Not Applicable
    • Property Tax: 12049
    • Roof Information: Flat
    • Property Sub Type: 5 Family+
    • Tax Year: July 2018-June 2019
    • Assessed Value: 249000
    Sell for more on Zillow
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    $503,600
    2% more+$10,072
    With Zillow Showcase(estimated)$513,672