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For sale
  • $1,910,000

    651 Norwich Rd, Plainfield, CT 06374

    5beds
    27,156sqft
    : 
    Multi Family
    Built in 1927
    -- sqft lot
    $1,824,700 Zestimate®
    $70/sqft
    $-- HOA

    What's special

    Central air conditioningCentral heatHot water baseboardOtis elevatorAbundant natural lightExtensive ada-compliant bathroomsNewer windows
    Attention developers and investors! Rare opportunity to acquire a former school building and convert it into a multifamily complex or condominiums. 18,600sf plus just under 9,000sf of finished basement space with abundant natural light. Average classrooms range from 600-800 sq. ft. Otis elevator, extensive ADA-compliant bathrooms, and ramps. Equipped with a natural gas boiler, central heat, hot water baseboard, newer windows and central air conditioning. Approx. 100 parking spaces 2.5-acre level lot with room to add garages for additional storage Sprinkler system, fire alarm and burglar alarm systems in place. 20 minutes from Foxwoods and Mohegan Sun, two of the largest entertainment destinations in the region. Only 2 minutes from I-395 This property is poised for significant appreciation with its high potential for redevelopment. Whether you're looking to create modern apartments, luxury condominiums, or a combination of both, the possibilities are endless. The current infrastructure and accessibility features are already in place, reducing the need for extensive upgrades. This is a once-in-a-lifetime opportunity to invest in a property with incredible upside potential. Interested buyers are encouraged to conduct their own diligence to verify all details and ensure this investment aligns with their vision. See Related MLS #24063751
    131 days
    on Zillow
    |
    495
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 28, 2025 at 09:01am

    Listed by:

    Anthony Chabot,

    Chabot & Associates Real Estate

    Source: Smart MLS,MLS#: 24064446MLS Logo
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    We’ll find a local expert to take you on a private tour of 651 Norwich Rd.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full
    • Attic: Access Via Hatch
    • Has fireplace: No
    Interior area
    • Total structure area: 27,156
    • Total interior livable area: 27,156 sqft
    • Finished area above ground: 18,600
    • Finished area below ground: 8,556

    Property

    Parking
    • Total spaces: 99
    • Parking features: None, Paved
    Lot
    • Size: 2.5 Acres
    • Features: Level
    Details
    • Parcel number: 1701872
    • Zoning: RA19

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Plainfield

    Financial & listing details

    • Price per square foot: $70/sqft
    • Tax assessed value: $1,595,880
    • Annual tax amount: $33,000
    • Date on market: 12/15/2024
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