29 Mitchell St Norwich, NY 13815
Estimated payment $606/month
Highlights
- Wood Flooring
- Hot Water Heating System
- Rectangular Lot
- Covered Patio or Porch
- High Speed Internet
- Partially Fenced Property
About This Home
CASH INVESTORS — VALUE-ADD 3-UNIT OPPORTUNITY PRICED TO MOVE.
29 Mitchell Street is a true repositioning play in the City of Norwich. Offered at just $69,900, this 1,882 sq ft triplex (studio + two 1BR units) sits on a .23-acre lot and presents significant upside for investors looking to renovate, stabilize, and drive cash flow.
Major mechanical already in place with newer boiler (approx. 1 year old). Public water/sewer. Updated porches (new railings and steps). Attached rear shed for additional storage. Property currently vacant with heat and water shut off — clean slate for full value-add execution.
Strong rental demand in the area. Post-renovation projected rents estimated at approximately:
• Studio: $700–$800/month
• 1BR Units: $850–$950/month each
Projected gross monthly income: $2,400+
Projected annual gross: $28,000+
At stabilization, this asset has the potential to generate strong cash-on-cash returns at this entry price point.
Sold AS-IS. Cash or rehab financing only. Escrow deposit due within 24–48 hours of accepted offer. Bring your contractor, run your numbers, and move quickly — opportunities at this price don’t last.
Listing Agent
Listing by Assist2Sell Buyers & Sellers 1st Choice License #10401372386 Listed on: 02/23/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,834
Year Built
- Built in 1900
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 51x198
- Partially Fenced Property
- Rectangular Lot
Home Design
- Triplex
- Stone Foundation
- Aluminum Siding
Interior Spaces
- 1,882 Sq Ft Home
- 1-Story Property
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Outdoor Features
- Covered Patio or Porch
Utilities
- Heating System Uses Gas
- Hot Water Heating System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 3 Units
- 1 Separate Gas Meter
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 081100-136-410-0001-018-000-0000
Map
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 | $3,103 | $38,700 | $5,900 | $32,800 |
| 2023 | $2,967 | $38,700 | $5,900 | $32,800 |
| 2022 | $2,973 | $38,700 | $5,900 | $32,800 |
| 2021 | $3,019 | $38,700 | $5,900 | $32,800 |
| 2020 | $2,939 | $38,700 | $5,900 | $32,800 |
| 2019 | $3,167 | $38,700 | $5,900 | $32,800 |
| 2018 | $3,167 | $38,700 | $5,900 | $32,800 |
| 2017 | $1,227 | $38,700 | $5,900 | $32,800 |
| 2016 | $1,230 | $38,700 | $5,900 | $32,800 |
| 2015 | -- | $38,700 | $5,900 | $32,800 |
| 2014 | -- | $38,700 | $5,900 | $32,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2026 03/01/26 | Pending | -- | -- | -- |
| 02/23/2026 02/23/26 | For Sale | $69,900 | -- | $37 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $53,800 | -- |
Source: Mid New York Regional MLS
MLS Number: S1663294
APN: 081100-136-410-0001-018-000-0000
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