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About This Home

This 4-bedroom, 3-bathroom residential multi family at 197 Central Avenue in Norwich, CT is listed for $279,000 ($139 per sqft). Built in 1830, the home offers 2,014 sqft of living space on a 0.05 acres lot.

Agent Description

Explore this exceptional investment opportunity in Norwich, CT with this versatile mixed-use property. Ideally situated in a busy area, this property offers a unique blend of commercial and residential spaces to suit your investment goals. The main level, presents a rented commercial space to attract customers and thrive as a business spot.

There are two 2 BR / 1BA apartments attached and currently occupied by a tenant with a leases in place. This not only provides immediate income but also ensures a seamless transition for the new owner. Seeking a property with residential and commercial income, this opportunity offers the best of both worlds.

Key Features

  • Built in 1830
  • 0.05 acre lot
  • 2 parking spaces

Property Details

2 full, 1 half
2 spaces
1830

Amenities

A/C

Monthly Cost Estimate

$1,492/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,209
Insurance$81

Estimates only. Actual payments may vary.

Location

197 Central Avenue

Norwich, CT 06360

Features & Amenities

Exterior Features

Balcony,Sidewalk,Porch,Deck,Lighting

Property Details

Pool Features

Porch

Heating

Baseboard

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 3-bathroom residential multi family at 197 Central Avenue is listed at $279,000 ($139/sqft). The estimated monthly payment is $1,209 based on 20% down at 6.5% interest.

Key features include: Built in 1830, 0.05 acre lot, 2 parking spaces. Exterior Features: Balcony,Sidewalk,Porch,Deck,Lighting.

This property is listed by Jason Pollard and can be reached at (860) 887-1122 or jason.pollard@compass.com.

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JP

Jason Pollard

Agent at Compass Connecticut, LLC

(860) 887-1122

Listed by Compass Connecticut, LLC

MLS# 24128600· Source: listhub· Updated 199 days ago

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197 Central Avenue, Norwich, CT 06360

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