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24-26 Merchants Avenue Norwich, Connecticut 06380
$589,000
  • For Sale
  • 8 Bedrooms
  • 5 Full Baths
  • 3768 SqFt
  • Year Built 1880
  • Multi Family
  • ML# 24046331

Property Details

Overview

This five unit multi-family property presents an excellent investment opportunity with a total of eight bedrooms across the units. It is well maintained and updated. Three units have washer and dryer hookups, and the rents are currently below market value. The property has the potential to generate an annual income of $80, 000 or more. Additionally, there is a detached garage in the back that provides an opportunity for extra rental income. Private parking spaces in the back of the building as well as plenty of street parking available. Fully rented, 48 hour notice to view the units.

Key Facts

  • SqFt: 3768.00
  • Style: Units on different Floors, Units are Side-by-Side
  • Lot Size: 0.86
  • Lot Sq Ft: 3768
  • Zoning: NC

Additional Features

  • Construction Materials: No/Resale
  • Building Size: 3768
  • Garage: Yes
  • Garage: 2.0
  • Parking Facilities: Detached Garage
  • Waterfront Desc: Not Applicable

Rooms & Floor Plans

  • Bedroom: 8
  • Full Bath: 5

Interior & Utilities

  • Heat: Baseboard, Gas on Gas, Wall Unit
  • A/C: None
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected
Listing Information provided courtesy of RE/MAX ONE  
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