$475,000
SOLD SEP 17, 2025
7 Beds
3 Baths
5,063 Sq Ft
0.94 Acres

Recently Sold

$94 Per Sq Ft

9 Days on Market

Highlights

  • 0.94 Acre Lot
  • Hot Water Circulator
  • Wood Siding
  • 2 Fireplaces
  • Hot Water Heating System

About This Home

As of September 2025

INVESTORS TAKE NOTICE!!!!! Beautiful 3 Family in heart of Norwich's historic district, right across from St. Patrick Cathedral. Property features (1) 4 Bedroom and (2) 2 Bedroom units, with in-unit laundry and tenant paid utilities. There is also a partially finished 4th unit that is framed out as a large 3 bedroom unit with electric and pluming, which is a massive add value opportunity. This property features all the features you want to see in a multifamily investment. The lot also features a large parking lot and 4 car garage, providing opportunity for an additional income source. Great investment opportunity, with the add value opportunity of adding that 4th unit. DAY 1 yields ~ $1,500 in NET profit after all expenses and mortgage payment, with a 20%+ Proforma ROI. Call today, this won't last long.

Last Agent to Sell the Property

Anthony Velez

VC Property Group, LLC License #REB.0795536 Listed on: 07/21/2025

Last Buyer's Agent

Rosemarie Smith

Coldwell Banker Realty License #RES.0804233

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,136

Year Built

  • Built in 1909

Lot Details

  • 0.94 Acre Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 5,063 Sq Ft Home
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2415425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,136

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 5063
  • Total Sq Ft: 5063
  • Year Built: 1909
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: Call agent
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 5063
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 22

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.94
  • Lot Description: N/A
  • Zoning: MF
  • Parcel #: 2415425

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 13136
  • Total Assessed Value: 322200
  • Mil Rate Total: 40.77

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
Jun 7, 2023
Sold by
Perkins Place Llc
Bought by
Mgplus3 Llc
Seller's Agent
Angela Ruel
Berkshire Hathaway NE Prop.
Buyer's Agent
Angela Ruel
Berkshire Hathaway NE Prop.
List Price
$1,550,000
Sold Price
$388,759
Premium/Discount to List
-$1,161,241
-74.92%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%

Purchase Details

Listed on
Apr 15, 2022
Closed on
Dec 29, 2022
Sold by
Holdmeyer Madison
Bought by
Perkins Place Llc
Seller's Agent
Bonnie Yackovetsky
Re/Max Valley Shore
Buyer's Agent
Angela Ruel
Berkshire Hathaway NE Prop.
List Price
$364,777
Sold Price
$312,500
Premium/Discount to List
-$52,277
-14.33%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.26%
Original Mortgage
$276,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2016
Sold by
Morin Paul R
Bought by
Holdmeyer Madison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $312,500 None Available
Warranty Deed $312,500 None Available
Warranty Deed $160,000 --
Warranty Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $276,000 Purchase Money Mortgage
Previous Owner $152,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2025 09/17/25 Sold $475,000 0.0% $94 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
07/21/2025 07/21/25 For Sale $475,000 +22.2% $94 / Sq Ft
06/08/2023 06/08/23 Sold $388,759 -74.9% $77 / Sq Ft View Prior Sale
05/03/2023 05/03/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $1,550,000 +396.0% $306 / Sq Ft
12/29/2022 12/29/22 Sold $312,500 -14.3% $62 / Sq Ft View Prior Sale
11/03/2022 11/03/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $364,777 0.0% $72 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
06/24/2022 06/24/22 Price Changed $364,777 -2.7% $72 / Sq Ft
05/16/2022 05/16/22 For Sale $374,827 +19.9% $74 / Sq Ft
04/29/2022 04/29/22 Off Market $312,500 -- --
04/15/2022 04/15/22 For Sale $374,827 -- $74 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,039 $322,200 $43,400 $278,800
2024 $12,308 $322,200 $43,400 $278,800
2023 $8,814 $181,200 $30,700 $150,500
2022 $8,785 $181,200 $30,700 $150,500
2021 $8,814 $181,200 $30,700 $150,500
2020 $8,783 $181,200 $30,700 $150,500
2019 $8,696 $181,200 $30,700 $150,500
2018 $7,481 $154,600 $36,100 $118,500
2017 $7,535 $154,600 $36,100 $118,500
2016 $7,585 $154,600 $36,100 $118,500
2015 $7,430 $154,600 $36,100 $118,500
2014 $7,101 $154,600 $36,100 $118,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24113502

SmartMLS

APN: NORW-000093-000002-000051