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Sold for $395,000 on 01/17/23
  • $395,000

    72 Merchants Avenue, Norwich, CT 06380

    14beds
    4,504sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $515,100 Zestimate®
    $88/sqft
    $1,935 Estimated rent

    Owner options

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    $1,935/mo

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    $1,935/mo

    Rent Zestimate®

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    $2,603/mo

    Est. payment

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    $2,603/mo

    Est. payment

    What's special

    Rare Opportunity! Investors take note, fully rented 6 units, well maintained with many updates. Current gross income is more than $73,000. This generous income-producing property features, 2 - units with 3 beds and 4 - units with 2 beds; in which, ALL include laundry hookups and separate utilities. List of recent updates, as well as, income and expenses available. At this price point, you won’t find another comparable. Act fast, to add this no-brainer investment to your real estate portfolio!

    Zillow last checked: 8 hours ago

    Listing updated: January 17, 2023 at 01:53pm

    Listed by:

    Mario A. Stephens 860-235-5700,

    RE/MAX Legends 860-451-8000

    Bought with:

    Paula DeCubellis, RES.0821882

    Keller Williams Coastal

    Source: Smart MLS,MLS#: 170540177MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Water Heater
    • Laundry: In Unit
    Features
    • Windows: Thermopane Windows
    • Basement: None
    • Attic: Crawl Space,Storage
    Interior area
    • Total structure area: 4,504
    • Total interior livable area: 4,504 sqft
    • Finished area above ground: 4,504

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Covered, Deck
    • Exterior features: Lighting, Sidewalk
    Lot
    • Size: 8,712 sqft
    • Features: Sloped
    Details
    • Additional structures: Shed(s)
    • Parcel number: 2417256
    • Zoning: R20

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    • Foundation: Brick/Mortar, Concrete Perimeter
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Windows

    Community & neighborhood

    Community
    • Community features: Near Public Transport
    Location
    • Region: Taftville
    • Subdivision: Taftville
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
    $515,100
    2% more+$10,302
    With Zillow Showcase(estimated)$525,402