118 Norwich Avenue, Norwich, CT

$375,000

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11

Beds

4

Baths

4,593

Square feet

0.62

Acres

About 118 Norwich Avenue

Welcome to this prime opportunity to invest in a versatile 4-unit multifamily property, brimming with potential and awaiting your personal touch! Located in the Taftville area of Norwich, this property presents an ideal canvas for both seasoned investors and ambitious individuals looking to enter the real estate market. Comprising of three spacious 3-bedroom, 1-bathroom units along with a 2-bedroom, 1-bathroom unit, this property offers a diverse range of rental options to cater to various tenant needs. Whether you're targeting families, or young professionals, this property's versatile layout ensures broad appeal. While the property requires some TLC and renovation work, envision the possibilities that await. With a little investment and creativity, you can transform these units into modern, attractive living spaces, maximizing rental income potential and enhancing property value. Situated in a convenient location, close to the highway and bus routes, residents will enjoy easy access to amenities, schools, transportation, and recreational facilities, enhancing the property's appeal and marketability. Don't miss this chance to capitalize on an investment with abundant potential. Seize the opportunity to turn this diamond in the rough into a lucrative addition to your real estate portfolio. Schedule a viewing today and unlock the possibilities that await at this promising investment property! Selling "AS IS"

Features of 118 Norwich Avenue

MLS® # 24014528
Price $375,000
Bedrooms 11
Bathrooms 4.00
Full Baths 4
Square Footage 4,593
Acres 0.62
Year Built 1875
Type Multi-Family For Sale
Sub-Type 4 Family
Style Units on different Floors, Units are Side-by-Side
Status Under Contract - Continue to Show

Community Information

Address 118 Norwich Avenue
Area Taftville
City Norwich
County New London
State CT
Zip Code 06360

Amenities

Parking None
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Other
Cooling None
Fireplace No

Exterior

Exterior Vinyl Siding
Lot Description N/A
Roof Asphalt Shingle
Foundation Concrete, Stone

School Information

Elementary Per Board of Ed
High Norwich Free Academy

Additional Information

Date Listed May 3rd, 2024
Days on Market 16
Zoning Gc/R10
RE / Bank Owned No

Listing Details

Office
RE/MAX Legends

Listing Map

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