$425,000 ($188.55 per sqft)

Est. Mortgage $2,177/mo *

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18-20 North A Street, Norwich, CT, 06380

18-20 North A Street, Norwich, CT, 06380
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20 rooms

8 beds

4 Full baths

1875

4sides - Units Are Side-by-Side

2,254 sqft

Great investment opportunity to acquire a 4 Family with 3 vacant units in rent-ready condition, making this ideal for primary homeowners and investors alike. Vacant units provide opportunity for immediate lease up to attain full market potential right away. Property is situated in a very quite neighborhood about 15 minutes from both Foxwoods and Mohegan Sun. Property consists of four 2 Bedroom units with tenant paid utilities. With the vacant units, this property will yield an estimated 22% ROI inside of 45 days. The 22% takes into consideration a combined 15% for vacancy, maintenance, and management. Don't miss out on this RARE opportunity to acquire a multifamily property and go straight to full market rents, netting over $2,000 per month.

Status:

Active

Type:

Multi-family

Units:

4

Zoning:

Mf/R10

Heating:

Baseboard

Cooling:

None

Basement:

Full

Acreage:

0.16

Est. Taxes:

$5,812

Assessment

$174,800

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

35

MLS #:

24079541

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Anthony Velez, VC Property Group, LLC Email: anthony.velez@vcpropertygrp.com