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568 N Main, Norwich, CT 06360
   
568 N Main, Norwich, CT 06360
5 Units   |   6 Beds   |   5 Baths   |   4284 Sqft

$400,000
13 Days on Market - Under Deposit


Presenting the opportunity to acquire a 5 unit investment property brimming with opportunity and potential for huge upside. four of the units are one bedroom, with substantially below market rents. the fifth unit is a massive value ad, and is currently a partially finished two bedroom, ready for your personalized finishing touch! this unit can be owner occupied or rented out for substantial additional income as the unit is an inviting and spacious multi-level layout. in the basement you'll find brand new mechanicals and the spacious two car garage offers additional storage space or a development opportunity. the property has both a new roof, and new decks, as well as new windows and an excellent riverfront location just 15 minutes from mohegan sun and foxwoods and 30 minutes to mystic.

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Details
  • 0.08 Acres
  • 4 Garage(s)
  • Built in 1875

Additional Details
  • Full Basement
  • 3 Fireplaces

Location
  • View
  • Corner Lot

Utilities
  • Baseboard
  • Electric
  • Public Water
  • Public Sewers

Taxes
  • $116,300 Assessment
  • 41.83 Mill Rate
  • $5,657 Taxes

Schools
  • Per Board of Ed Elementary
  • Per Board of Ed High

Source
  • CT Smart MLS
  • MLS ID 24015295

Real Estate Agent


Map of 568 N Main, Norwich, CT 06360

Directions to 568 N Main, Norwich, CT 06360
568 N Main St in Norwich, CT

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Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 6.94%   |   Purchase: $400,000   |   Downpayment @ 3.50%: $14,000

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$3,024


Monthly Cost Estimate: $3,024
  • Mortgage: $2,553
  • Taxes: $471
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $36,287
  • Mortgage: $30,630
  • Taxes: $5,657
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $1,102,622
  • Mortgage: $918,912
  • Taxes: $169,710
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $14,000

Go To Mortgage Calculator


Real Estate For Sale Similar to 568 N Main, Norwich, CT 06360

16 Spaulding, Norwich, CT 7 Beds / 4 Baths / 3539 Sqft / 1.14mi $340,000
118 Norwich, Norwich, CT 11 Beds / 4 Baths / 4593 Sqft / 1.21mi $375,000



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This real estate listing for sale at 568 N Main has 6 bedrooms, 5 bathrooms, and was built in 1875. It is located in the Norwich, CT area with the 06360 zip code. For more info about the property at 568 N Main, 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.