NOT LISTED FOR SALE

614-616 Norwich Rd Plainfield, CT 06374

8 Beds
5 Baths
2,484 Sq Ft
0.56 Acres

Last Sold March 23, 2020

Last sale price $315,000 $127 Per Sq Ft

29 Days on Market

Highlights

  • Deck
  • Attic
  • Public Transportation
  • Property is near public transit
  • No HOA
  • Baseboard Heating

About This Home

As of March 2020

INVESTOR PERFECT. Current approximate Annual NET INCOME OF $ 30,000.00 with current rents BELOW market value!! Building and units well maintained. New roof, siding in good shape, most appliances replaced in last five years. Sixth unit possible along with space to add coin operated laundry. Off street parking, public water and sewer. Tenants pay electric including hot water & heat. All units have breaker panels. Three 2-bedroom on main floor. Two 1-bedroom units on lower level. Upper level currently used as office.
All appliances convey at the convenience of the buyer & hold no value. All convey in as is condition.
Property in Fire tax district, $ 321.89, tax record attached.
Buyer buyer/agent to confirm all information.

Last Listed By

Brian Connolly

Real Broker CT, LLC License #REB.0793649 Listed on: 02/06/2020

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,681

Year Built

  • Built in 1950

Lot Details

  • 0.56 Acre Lot
  • Level Lot

Home Design

  • 2,484 Sq Ft Home
  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Concrete Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Attic

  • Attic Floors
  • Walkup Attic

Parking

  • Parking Deck
  • Gravel Driveway
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Floor Furnace
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Additional Features

  • Public Transportation
  • Gross Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,681

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2484
  • Public Record Living Room Sq Ft: 2484
  • Total Sq Ft: 2484
  • Year Built: 1950
  • Nearby Amenities: Medical Facilities, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 7272
  • Directions: GPS Friendly. Directly across from Dollar General on RT 12 Plainfield
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Attic Description: Walk-up, Floored
  • Laundry Room Location: Space & Hookups for laundry/coin
  • Attic: Yes
  • Street Number Modifier: 614

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Shared, Asphalt, Gravel

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.5600
  • Lot Description: Level Lot, Sloping Lot
  • Zoning: C2

Multi Family

  • Gross Annual Income: 42600
  • Net Operating Income: 30870
  • Unit Count: 5
  • Total Num Of Units: 5

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 5681
  • Total Assessed Value: 189170
  • Mil Rate Base: 28.330
  • Mil Rate Tax District: 1.700
  • Mil Rate Total: 30.030
  • Assessor Parcel Number: 1702025

MLS Schools

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

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
03/23/2020 03/23/20 Sold $315,000 -1.6% $127 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $320,000 -- $129 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170270212

SmartMLS

APN: PLAI M:02P B:0036 L:0024