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In-PersonVirtual Tour
$ 3,300,000
Est. payment | /mo
1 Bath
4,885 SqFt
$ 3,300,000
Est. payment | /mo
1 Bath
4,885 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,885 sqft
Price per Sqft $675
MLS Listing ID 24069648
Full Baths 1
Year Built 1875
Annual Tax Amount $7,205
Lot Size 7,840 Sqft
Property Description
The VC Property Group is proud to present this High Yield Investment Opportunity consisting of 8 properties in Norwich, Ct. The portfolio is comprised of 24 two bedroom units and an additional 7 studio/one bedroom units. All utilities are separate and tenant paid, with a mix of on and off street parking. This is largely a turn-key opportunity that yields an 18% ROI at full market rents, but does have a couple add value components. Access is limited due to the shear size of the portfolio, however, several open showings will be made available over the first couple weeks to provide interested parties ample opportunity to view a representative sample of the portfolio.
Location
State CT
County New London
Zoning NC
Interior
Heating Steam, Other
Cooling None
Exterior
Utilities Available None/Unknown
Roof Type Asphalt Shingle
Building
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Anthony Velez • VC Property Group, LLC
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Ilka Torres
Broker | License ID: REB.0794005