22 Perkins Ave Norwich, CT 06360
Central Norwich NeighborhoodEstimated payment $3,731/month
Total Views
95,584
7
Beds
3
Baths
5,063
Sq Ft
$94
Price per Sq Ft
Highlights
- Popular Property
- 2 Fireplaces
- Hot Water Heating System
- 0.94 Acre Lot
- Hot Water Circulator
- Wood Siding
About This Home
Beautiful 3 Family in heart of Norwich's historic district, right across from St. Patrick Cathedral. Property features a stunning, ready to move-in vacant 3 bedroom unit on the first floor. Units have undergone recent renovations to maximize rental income and also has the potential for a 4th unit that is about 80% complete and configured as a large 3 bedroom apartment. The lot also features a large parking lot and 4 car garage, providing opportunity for an additional income source. Great investment opportunity for a primary home owner or investor, with the add value opportunity of adding that 4th unit. Even with the vacant unit the property yields a positive cash flow on DAY 1 and has a mind blowing 27% ROI Proforma. Call today, this won't last long. Photos are of the vacant unit and the unfinished 3rd floor, 3 bedroom unit.
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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | For Sale | $475,000 | +22.2% | $94 / Sq Ft |
| 06/08/2023 06/08/23 | Sold | $388,759 | -74.9% | $77 / Sq Ft |
| 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 |
| 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
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 | Unknown | |
| Previous Owner | $152,000 | New Conventional |
Source: Public Records
Similar Homes in Norwich, CT
Source: SmartMLS
MLS Number: 24096196
APN: NORW-000093-000002-000051
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