Homes for sale - 327 Central Avenue, Norwich, CT 06360

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John-Michael Rachinsky-Wood

jm@harborbridgere.com +1(203) 667-3443

$299,900

Est. payment - /mo

7 Beds

4 Baths

3,096 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,096 sqft

Price per Sqft $96

MLS Listing ID 24061367

Style Units on different Floors,Other

Bedrooms 7

Full Baths 3

Half Baths 1

Year Built 1850

Annual Tax Amount $2,834

Lot Size 5,227 Sqft

Property Sub-Type Other

Property Description

Attention Investors or Owner-Occupants! Multi-Family Home with Commercial Space in Norwich -This mixed-use property has a unique opportunity with 3 units -2 residential and 1 commercial. The residential units are already generating income, while the commercial space provides endless possibilities for your business or additional residential conversion. Commercial space located on the first floor, previously used as a restaurant but ready for your personal touches. It can be easily converted to suit various businesses such as a mini grocery store, beauty/barber shop, nail salon, office, or more. Separate utilities for each unit. Recent owner upgrades include: New siding, gutters, and windows. The roof is approximately 5 years old. The two-bedroom unit is fully remodeled, and the four-bedroom unit has a renovated kitchen and bathroom. The commercial space and studio unit are in need of renovation, but it has huge potential for value growth. Centrally located, just 10 minutes from Mohegan Sun Casino and 13 minutes from Foxwoods Resort Casino two of Connecticut's top entertainment destinations! The prime location makes this an attractive option for both tenants and businesses, with a strong demand for rentals and commercial ventures. This property has great cash flow potential with tenants already in place, and the commercial space gives you the flexibility to bring your vision to life. Whether you're an investor or looking for an owner-occupied opportunity.

Location

State CT

County New London

Zoning MF

Rooms

Basement Full

Interior

Heating Baseboard

Cooling None

Exterior

Parking Features None, Off Street Parking, Driveway

Waterfront Description Not Applicable

Roof Type Shingle

Building

Lot Description Corner Lot, Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

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Listed by Dennisse Rivera-Mercado • Kempf-Vanderburgh Realty

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John-Michael Rachinsky-Wood

+1(203) 667-3443

Broker | License ID: REB.0792632

Broker License ID: REB.0792632

327 Central Avenue Norwich, CT 06360

John-Michael Rachinsky-Wood

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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