15 Town Street $489,000

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    15 Town Street Norwich, CT 06360

    • 10 Beds
    • 6 Baths
    • 5,900 sq. ft.
    • Multi-Family
    • MLS# 170556644
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    Views: 0 Days On Site: 4

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    Property Details

    Great Opportunity! Income producing Residential and Commercial Property with 7 units total! 6 residential apartments and one Commercial space. Fantastic location in Norwichtown close to Backus, Route 2 and I-395. Restaurants, shopping, historic district and so much more are all in walking distance. Updates done throughout including newer roof. Currently generates $6625 monthly without the commercial space leased. Some rents below market value. Potential income for the commercial space is $1500-$2000+.

    • General Features
      • Acres 0.23
      • Bank Owned Property Y/N 0
      • County Or Parish New London
      • Neighborhood Norwichtown
      • Property Tax $9,600
      • Sq Ft Total 5,900
      • Style Units on different Floors,Units are Side-by-Side
      • Year Built 1900
      • Zoning GC
    • Building Features
      • Baths Half 0
      • Attic Description Finished
      • Basement Description Full, Unfinished
      • Construction Description Frame,Stone,Concrete
      • Cooling System None
      • Exterior Siding Aluminum
      • Heat Fuel Type Natural Gas
      • Heat Type Baseboard, Hot Air, Space Heater
      • Swimming Pool Y/N 0
    • Property Features
      • Direct Waterfront Y/N 0
      • Driveway Type Paved
      • Garage Parking Info Attached Garage
      • Lot Description LevelLot
      • Waterfront Description Not Applicable
      • Water Source Public Water Connected
      • Sewage System Public Sewer Connected
    • Schools
      • Elementary School Per Board of Ed
      • High School Norwich Free Academy

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    Neighborhood

    06360 (Norwich) Demographics

    38 Median Age
    1,294 Population Density (per sq. mile)
    30% College Educated
    $58,409 Estimated Median Income
    8,258 Estimated Total Home Owners
    6,921 Estimated Total Renters
    54% / 46% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    36,549 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $200,000 Median Sales Price
    21 Homes Sold
    31 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $489,000
        3/17/2023 2:05:00 PM New in Database Source: Multiple Listing Service New Value: $489,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.