327 Central
Norwich, CT 06360
- 7 beds
- 4 baths
- 3,096 sqft
- 5,227 sqft lot
- $107 per sqft
- 1850 build
- – on site
Attention Investors or Owner-Occupants! Multi-Family Home with Commercial Space in Norwich -This mixed-use property has a unique opportunity with 3 units -2 residential and 1 commercial. The residential units are already generating income, while the commercial space provides endless possibilities for your business or additional residential conversion. Commercial space located on the first floor, previously used as a restaurant but ready for your personal touches. It can be easily converted to suit various businesses such as a mini grocery store, beauty/barber shop, nail salon, office, or more. Separate utilities for each unit. Recent owner upgrades include: New siding, gutters, and windows. The roof is approximately 5 years old. The two-bedroom unit is fully remodeled, and the four-bedroom unit has a renovated kitchen and bathroom. The commercial space and studio unit are in need of renovation, but it has huge potential for value growth. Centrally located, just 10 minutes from Mohegan Sun Casino and 13 minutes from Foxwoods Resort Casino two of Connecticut's top entertainment destinations! The prime location makes this an attractive option for both tenants and businesses, with a strong demand for rentals and commercial ventures. This property has great cash flow potential with tenants already in place, and the commercial space gives you the flexibility to bring your vision to life. Whether you're an investor or looking for an owner-occupied opportunity.
Last checked:
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Last updated Dec 20, 2024
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MLS# 24061367 —
The Building
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Year Built:1850
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Units on different Floors, Other
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Roof Information:Shingle
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Attic:No
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Exterior Siding:Vinyl Siding
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Foundation Type:Stone
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Basement Description:Full
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SqFt Total:3096
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SqFt Est Heated Above Grade:3096
Interior
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Laundry Room:None
Room Dimensions
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Living Area SqFt Per Public Record:3096
Location
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Directions:Corner of 10th Street and Central Ave
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Neighborhood:N/A
The Property
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Parcel Number:2027985
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Property Type:Multi-Family For Sale
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Property Subtype:Other
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Zoning:MF
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Acres:0.12
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Acres Source:Public Records
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Flood Zone:No
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Lot Description:Corner Lot, Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (413) 297-5200
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:2834
Beds
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Beds Total:7
Baths
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Total Baths:4
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Full Baths:3
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Half Baths:1
The Listing
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Home Warranty Offered:No
Heating & Cooling
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Heat Type:Baseboard
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Heat Fuel Type:Electric
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Cooling System:None
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
Schools
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Elementary School:Per Board of Ed
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High School:Per Board of Ed
The Community
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Not Applicable
Parking
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Garage/Parking:None, Off Street Parking, Driveway
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Parking Total Spaces:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/12/24
Dec 12, 2024
|
Price Changed | SMART_MLS | $334,000 | -4.5% |
|
11/26/24
Nov 26, 2024
|
Listed / Active | SMART_MLS | $349,900 |
