HomesCondosMultisRentalsCommercialLand
81 87 Franklin, Norwich, CT 06360
   
81 87 Franklin, Norwich, CT 06360
5 Units   |   12 Beds   |   4 Baths   |   7364 Sqft

$526,000
90 Days on Market - Expired


Solid 5-unit mixed use brick building w/ four large 3br apartments and an oversized commercial space! each unit is 1350. sq. ft.! fantastic opportunity to step in as owner, seller would be willing to hold a note for the right individual. apartments are fully rented and bring solid income, plenty of room to increase rents. commercial space can be used for retail, business office, professional use. building was completely renovated 10yr. ago.

Real Estate Agent Referral Service
Find the Best Realtor in Norwich, CT. Click Here



Details
  • 0.17 Acres
  • 0 Garage(s)
  • Built in 1880

Additional Details
  • 3-Unit
  • Full Basement

Location
  • Level Lot

Utilities
  • Steam
  • Natural Gas
  • Public Water, Public Water Avail
  • Natural Gas Hot Water
  • Public Sewers, Public Sewer Avail

Taxes
  • $208,600 Assessment
  • 48.64 Mill Rate
  • $10,146 Taxes

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

Source
  • CT Smart MLS
  • MLS ID 170615341

Real Estate Agent


Map of 81 87 Franklin, Norwich, CT 06360

Directions to 81 87 Franklin, Norwich, CT 06360
Franklin St Between Bath and Willow

Go To Google Maps for Directions


Mortgage Calculator
Loan Type: 30yr Fixed   |   Interest Rate: 7.17%   |   Purchase: $526,000   |   Downpayment @ 3.50%: $18,410

Mortgage Payment Estimate
for a 30yr Fixed Rate Loan

Monthly
$4,281


Monthly Cost Estimate: $4,281
  • Mortgage: $3,435
  • Taxes: $846
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

Yearly Cost Estimate: $51,368
  • Mortgage: $41,222
  • Taxes: $10,146
  • Insurance: $0
  • HOA: $0
  • Utilities: $0

30yr Cost Estimate: $1,559,447
  • Mortgage: $1,236,657
  • Taxes: $304,380
  • Insurance: $0
  • HOA: $0
  • Utilities: $0
  • Downpayment: $18,410

Go To Mortgage Calculator

Share
Share on FaceBook   Share on LinkedIn   Share on Pinterest   Share on Twitter

This real estate listing for sale at 81 87 Franklin has 12 bedrooms, 4 bathrooms, and was built in 1880. It is located in the Norwich, CT area with the 06360 zip code. For more info about the property at 81 87 Franklin, 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.