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297 W Thames, Norwich, CT 06360
   
297 W Thames, Norwich, CT 06360
3 Units   |   5 Beds   |   3 Baths   |   1380 Sqft

$220,000
5 Days on Market - Under Deposit


This 3 family is an ez cheesy one to manage with minimal yard work required. third floor has full rental assistance and is a great tenant. only one gas fired boiler so heat is included in the rent. overall in pretty good condition and can be making money by the next month after closing! this is an estate with minimal cash reserves and mostly out of state owners so strictly as-is though there does not appear to be any major issues. square ft on street card is very under estimated. unit sizes are approximate but indicate that building is closer to 1700 sq ft. listing notes size on street card. unit one needs a vacuum to be rent ready and unit 2 needs nothing and is ready to go. note that bedrooms are small. great building priced to make investors happy with potential of 3k a month rent.

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Details
  • 0.12 Acres
  • 0 Garage(s)
  • Built in 1900

Additional Details
  • Full Basement, Basement Apartment
  • 0 Fireplaces

Location
  • Corner Lot, City Views, Level Lot

Utilities
  • Baseboard
  • Natural Gas
  • Public Water
  • Electric Hot Water
  • Public Sewers

Taxes
  • $60,900 Assessment
  • 41.85 Mill Rate
  • $2,549 Taxes

Schools
  • Per Board of Ed Elementary
  • Norwich Free Academy High

Source
  • CT Smart MLS
  • MLS ID 24013518

Real Estate Agent


Map of 297 W Thames, Norwich, CT 06360

Directions to 297 W Thames, Norwich, CT 06360
Corner of West Thames and Allyn

Go To Google Maps for Directions


Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 7.02%   |   Purchase: $220,000   |   Downpayment @ 3.50%: $7,700

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$1,628


Monthly Cost Estimate: $1,628
  • Mortgage: $1,415
  • Taxes: $212
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $19,532
  • Mortgage: $16,983
  • Taxes: $2,549
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $593,674
  • Mortgage: $509,504
  • Taxes: $76,470
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $7,700

Go To Mortgage Calculator


Real Estate For Sale Similar to 297 W Thames, Norwich, CT 06360

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This real estate listing for sale at 297 W Thames has 5 bedrooms, 3 bathrooms, and was built in 1900. It is located in the Norwich, CT area with the 06360 zip code. For more info about the property at 297 W Thames, 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.