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171 Broadway

Norwich, CT 06360
  • $850,000
  • STATUS: Active Under Contract
  • ON SITE: 60 Days
  • MLS #: 170487957
Under Contract
UPDATED: 66 min ago
$850,000
  • 16
    BEDS
  • 2.27
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 10,703
    SQFT
  • $79
    $/SQFT
Type:
Multi-Family
Built:
1860
County:
Area:

School Information

Elementary School:
High School:

Description

10 unit multi-family portfolio for sale. This portfolio consist of a 4-family (171 Broadway) and two 3-family properties (167 Broadway and 112 Chestnut St) which sit on three adjacent lots. Very spacious units with high ceilings and long term tenants. Separate electric meters for all tenants. Heat and hot water included in rent. Ample off street parking. Three lots can be combined for a potential development of 32 units. Great investment opportunity with long term potential for developing. 171 Broadway has a lead abatement order for exterior and Unit 1. Grant can be applied for through town. Agent has quote available. Please see attached P&L.

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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 2022 SmartMLS, Inc. Data last updated: 2022-07-04T22:09:40.05.
www.faifmangroup.com/homes/128338723
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171 Broadway Norwich, CT 06360

  • Price: $850,000
  • Status: Active Under Contract
  • On Site: 60 Days
  • Updated: 66 min ago
  • MLS #: 170487957
16
Beds
6
Baths
0
½ Baths
2.27
Acres
10,703
SQFT
$79
$/SQFT
1860
Built
County:
New London
Area:
Norwich
Elementary School:
per board of ed
High School:
Norwich Free Academy
Property Description
10 unit multi-family portfolio for sale. This portfolio consist of a 4-family (171 Broadway) and two 3-family properties (167 Broadway and 112 Chestnut St) which sit on three adjacent lots. Very spacious units with high ceilings and long term tenants. Separate electric meters for all tenants. Heat and hot water included in rent. Ample off street parking. Three lots can be combined for a potential development of 32 units. Great investment opportunity with long term potential for developing. 171 Broadway has a lead abatement order for exterior and Unit 1. Grant can be applied for through town. Agent has quote available. Please see attached P&L.
Exterior Features

Construction Description Frame Exterior Siding Vinyl SidingWood Foundation Type BrickConcrete Lot Description Lightly Wooded Roof Information Asphalt Shingle Style Units On Different FloorsUnits Are Side-By-Side Waterfront Description Not Applicable

Interior Features

Attic Yn No Basement Description Full With Walk-OutConcrete FloorStorage Cooling System None Heat Type BaseboardRadiator Hot Water Description 50 Gallon Tank

Property Features

Bank Owned Property Yn No Direct Waterfront Yn No Flood Zone Yn No Fuel Tank Location In Basement Garage Parking Info Off Street Parking Heat Fuel Type Oil Hoa Yn No Home Warranty Offered Yn No New Construction Type No/Resale Possession Availability Immediate Potential Short Sale Yn No Property Sub Type 5 Family+ Property Tax 8600 Sewage System Public Sewer Connected Sign Yn No Swimming Pool Yn No Water Source Public Water Connected Zoning Mf

Listing information © 2022 Smart MLS
Listing provided courtesy of Brendon Mansaku of Lakeshore Realty.


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 2022 SmartMLS, Inc. Data last updated: 2022-07-04T22:09:40.05.
 
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