$435,000
SOLD DEC 5, 2024

27 Greene Ave Norwich, CT 06360

Taftville Neighborhood
6 Beds
5 Baths
5,636 Sq Ft
0.37 Acres

Recently Sold

$77 Per Sq Ft

60 Days on Market

Highlights

  • Wrap Around Balcony
  • Baseboard Heating
  • Wood Siding
  • Porch
  • Level Lot

About This Home

As of December 2024

A 1912 Classic 5-Unit Multifamily available in Norwich CT! This property consists of (4) 1bed/1ba units and (1) 2bed/1ba unit. All electric hot water and heating with separate meters. This 4,100 square foot building has spacious 1bedroom apartments. Great location between downtown and Chelsea Parade makes for easy access to amenities for tenants. Great opportunity for an investor looking to secure a huge Value-Add in raising below market rents, with the rental market steadily increasing in Norwich. 8percent Current CAP - 10percent+ Proforma Cap.

Last Agent to Sell the Property

Lori DeSanti

Oxford Realty License #RES.0816403 Listed on: 08/09/2024

Oxford Realty

Last Buyer's Agent

Stephen Girouard

CENTURY 21 Shutters & Sails License #RES.0813867

CENTURY 21 Shutters & Sails

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,471

Year Built

  • Built in 1912

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Outdoor Features

  • Wrap Around Balcony
  • Porch

Schools

  • Norwich Free Academy High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 2411881

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,471

Year Built

Built in 1912

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: 4139
  • Sq Ft Est Heated Below Grade: 1497
  • Total Sq Ft: 5636
  • Year Built: 1912
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Per GPS
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 4139
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Basement Description: Full, Unfinished, Shared Basement
  • Attic: No
  • Street Number Modifier: 27

Exterior Features

  • Exterior Features: Porch, Wrap Around Deck
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Brick, Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 2
  • Garage And Parking: Detached Garage

Utilities

  • Cooling System: Window Unit, None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Lot Info

  • Acres: 0.37
  • Lot Description: Level Lot
  • Zoning: MF
  • Parcel #: 2411881

Multi Family

  • Total Number Of Units: 5

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 6471
  • Total Assessed Value: 169400
  • Mil Rate Total: 48.64

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $435,000 0.0% $77 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $435,000 -- $77 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lori DeSanti

    Seller's Agent in 2024

    Lori DeSanti

    Oxford Realty

    (203) 907-5314

    2 in this area

    54 Total Sales

    Lori DeSanti
    Section Image
  • Stephen Girouard

    Buyer's Agent in 2024

    Stephen Girouard

    CENTURY 21 Shutters & Sails

    (860) 501-2428

    2 in this area

    87 Total Sales

    Stephen Girouard
    Section Image
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Map

Source: SmartMLS

MLS Number: 24038485

SmartMLS

APN: NORW M:92 B:3 L:33

Connecticut New London County Norwich 06360 Taftville

27 Greene Ave, Norwich, CT

This home is located at 27 Greene Ave, Norwich, CT 06360 and is currently priced at $435,000, approximately $77 per square foot. This property was built in 1912. 27 Greene Ave is a home located in New London County with nearby schools including Moriarty Magnet Elementary School, Kelly STEAM Magnet Middle School, and Stoneview Children's University.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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