HomesCondosMultisRentalsCommercialLand
227 W Town, Norwich, CT 06360
   
227 W Town, Norwich, CT 06360
INV | 4,303 Sqft

$575,000
158 Days on Market - Active


Great investment property! 2 buildings with 4 apartments. fully leased. noi is $50,000, 8 cap. building 1 has 2 apartments with high ceilings, hardwood floors, natural light, washer & dryer, ceiling fans and some outdoor deck. building 2 has 2 apartments, 1 studio, 1 two bedroom and 1 garage. property is very well maintained with parking on site. conveniently located near i-395. please see also mls #170611522.

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Details
  • 6 Units
  • 0.66 Acres
  • Built in 1885

Sqft
  • 4303 Total Sqft

Parking
  • 0 Total Spaces

Location
  • Sloping Lot
  • TOWN

Business

    Financials
      - No Data -

    Utilities
    • Baseboard, Hot Air
    • Natural Gas
    • Public Water
    • Public Sewers

    Taxes
    • $200,200 Assessment
    • 41.85 Mill Rate
    • $8,378 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170610928

    Real Estate Agent


    Map of 227 W Town, Norwich, CT 06360

    Directions to 227 W Town, Norwich, CT 06360
    From I-395 North to Exit 14. Left off exit. Property will be on the right.

    Go To Google Maps for Directions


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 7.17%   |   Purchase: $575,000   |   Downpayment @ 3.50%: $20,125

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $4,453


    Monthly Cost Estimate: $4,453
    • Mortgage: $3,755
    • Taxes: $698
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $53,440
    • Mortgage: $45,062
    • Taxes: $8,378
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $1,623,324
    • Mortgage: $1,351,859
    • Taxes: $251,340
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $20,125

    Go To Mortgage Calculator


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    This real estate listing for sale at 227 W Town is presently used as with 4303 total sqft and was built in 1885. It is located in the Norwich, CT area with the 06360 zip code. For more info about the property at 227 W Town, Norwich, CT 06360 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.