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$ 330,000
Est. payment | /mo
3 Baths
1,975 SqFt
$ 330,000
Est. payment | /mo
3 Baths
1,975 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,975 sqft
Price per Sqft $167
MLS Listing ID 24150037
Full Baths 2
Half Baths 1
Year Built 1870
Annual Tax Amount $3,310
Lot Size 1,742 Sqft
Property Description
Turnkey Mixed-Use Investment - Fully Remodeled in the Heart of Norwich Outstanding opportunity to acquire a fully renovated mixed-use property consisting of two residential units and one commercial office/retail space, centrally located in the heart of Norwich. Well suited for investors or owner-occupants seeking strong cash flow with limited future capital needs. The property has undergone a complete renovation, featuring new mini-split heat pump systems for efficient heating and cooling, new flooring throughout, and modernized kitchens with new cabinets, updated countertops, and stainless steel appliances. Bathrooms have been fully upgraded with tiled showers, new fixtures, and new light fixtures throughout. Significant mechanical and infrastructure improvements include updated electrical and plumbing systems, New heat pumps and head units, new water heaters, and updated utility meters, including a separate owner's meter and electrical panel for improved utility management and expense tracking. Additional exterior upgrades include a new roof and a newly rebuilt deck/stairs, providing long-term durability and tenant appeal. With its prime Norwich location, extensive renovations, and efficient utility configuration, this property represents a true turnkey, income-producing asset with excellent long-term upside.
Location
State CT
County New London
Zoning GC
Interior
Heating Heat Pump, Hot Air
Cooling Ductless, Wall Unit
Exterior
Utilities Available Electric, Gas Available, Phone Available, Cable Available
Roof Type Asphalt Shingle
Building
Lot Description Sloping Lot
Story 3
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Harrison Graham • IMT Realty
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Andrei Balaj & Camilo Ramirez
Real Estate Agent | Lic# Licensed in Connecticut