NOT LISTED FOR SALE

Estimated Value: $831,401

14 Beds
-- Bath
4,260 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: January 20, 2023

Last sale price $600,000 $141 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,635 / mo

194 Days on Market

Highlights

  • Attic
  • Property is near shops and bus stop
  • Level Lot
  • Thermal Windows
  • Baseboard Heating

About This Home

As of January 2023

Tremendous opportunity to own 9 mixed use units on Central Ave. Norwich! Five 2BR, One 4BR, One 1BR plus a restaurant and accountant office. These buildings have been nicely maintained inside and out and offer lots of upside on rents. Roof is 5yr. old, all new windows, tenants pay all utilities. Showings 9am Sat. May 21, appointment must be confirmed.

Last Agent to Sell the Property

Michelle Lorenzetti

Premier Re Group LLC License #REB.0789938 Listed on: 05/13/2022

Last Buyer's Agent

Mike Doherty

eXp Realty License #RES.0814339

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,129

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 14 Bedrooms
  • 4,260 Sq Ft Home
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Parking

  • On-Street Parking
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • Property is near shops and bus stop

Community Details

  • 9 Units
  • Gross Income $72,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,129

Year Built

Built in 1900

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 4260
  • Total Sq Ft: 4260
  • Year Built: 1900
  • Nearby Amenities: Park, Playground/Tot Lot, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 07/13/2022
  • Directions: 274 Central Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 14
  • Attic Description: Access Via Hatch
  • Attic: Yes

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Unassigned Parking, On Street Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected, Public Sewer In Street

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.2000
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: MF

Multi Family

  • Gross Annual Income: 72900
  • Unit Count: 6
  • Total Num Of Units: 9

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 9129
  • Mil Rate Base: 42.180
  • Mil Rate Tax District: 6.300
  • Assessor Parcel Number: 2413738

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 1983
Bought by
Current Estimated Value
$831,401
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $600,000 -28.3% $141 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $837,000 -- $196 / Sq Ft
Source: SmartMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,412 $331,400 $22,200 $309,200
2024 $12,659 $331,400 $22,200 $309,200
2023 $9,159 $188,300 $21,200 $167,100
2022 $9,129 $188,300 $21,200 $167,100
2021 $9,159 $188,300 $21,200 $167,100
2020 $9,127 $188,300 $21,200 $167,100
2019 $9,037 $188,300 $21,200 $167,100
2018 $7,883 $162,900 $25,500 $137,400
2017 $7,940 $162,900 $25,500 $137,400
2016 $7,992 $162,900 $25,500 $137,400
2015 $7,829 $162,900 $25,500 $137,400
2014 $7,482 $162,900 $25,500 $137,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170485352

SmartMLS

APN: NORW-000086-000002-000025

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