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64 School, Norwich, CT 06360
   
64 School, Norwich, CT 06360
2 Units   |   5 Beds   |   2 Baths   |   1761 Sqft

$99,000
2 Days on Market - Under Deposit


This two-family property is full of potential for investors or owner occupied buyers who want a tenant to help with expenses. in need of major work throughout. the electrical panels were recently replaced and the gas furnace was disconnected and replaced by electric baseboard heating. a recent water leak resulted in the building being shut down by the city of norwich and it cannot be occupied until rehab is complete and signed off by town officials. upper unit has four bedrooms, one full bathroom and an enclosed porch. lower unit has one bedroom and one full bathroom. there is a small one-car garage and off street parking behind the house that can only be accessed by a dirt road alley. the upside of this investment is obvious for the right cash or rehab loan buyer.

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Details
  • 0.08 Acres
  • 0 Garage(s)
  • Built in 1860

Additional Details
  • 0 Fireplaces

Location
  • City Views, Sloping Lot

Utilities
  • Baseboard
  • Electric
  • Public Water
  • Electric Hot Water, Domestic Hot Water
  • Public Sewers

Taxes
  • $61,800 Assessment
  • 41.85 Mill Rate
  • $3,006 Taxes

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

Source
  • CT Smart MLS
  • MLS ID 24009454

Real Estate Agent


Map of 64 School, Norwich, CT 06360

Directions to 64 School, Norwich, CT 06360
GPS-Friendly address. Street parking only.

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Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 6.94%   |   Purchase: $99,000   |   Downpayment @ 3.50%: $3,465

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$882


Monthly Cost Estimate: $882
  • Mortgage: $632
  • Taxes: $251
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $10,587
  • Mortgage: $7,581
  • Taxes: $3,006
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $321,076
  • Mortgage: $227,431
  • Taxes: $90,180
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $3,465

Go To Mortgage Calculator


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This real estate listing for sale at 64 School has 5 bedrooms, 2 bathrooms, and was built in 1860. It is located in the Norwich, CT area with the 06360 zip code. For more info about the property at 64 School, 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.