526 Canterbury
Norwich, CT 06360
- 12 beds
- 4 baths
- 4,293 sqft
- ~7 acre lot
- $174 per sqft
- 2022 build
- – on site
A unique chance to acquire a four-family residence in the tranquil Norwich, CT, generating over 90k a year, is now available. This property underwent a complete renovation in 2022 and occupies 2.37 acres. It features four units, each with three bedrooms, one-bathroom. All of the units are feature stainless steel appliances, granite countertops, energy-efficient, electric mini-splits for heating and cooling, and semi-private decks, among other amenities. In addition, there is a coin-op laundry room on premise for additional income. All units have individual electric meters. New sewer line from home to street recently installed. The property generates an annual gross income exceeding $90,000 and has the potential for subdivision into additional building lots. Included in the sale is an extra 4.94-acre lot at 514 Canterbury Turnpike, encompassing Topliff Drive with access to Old Canterbury Turnpike. Taxes, assessed value, and acreage reflect the combination of 526 and 514 Canterbury tpke. Also listing in a portfolio with adjoining multifamily MLS 24042939
Last checked:
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Last updated Nov 5, 2024
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MLS# 24056430 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2022
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Year Built Source:Approximate
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New Construction Type:No/Resale
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Style:Units on different Floors, Units are Side-by-Side
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Roof Information:Asphalt Shingle
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Attic:Yes
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Attic Description:Unfinished, Crawl Space, Access Via Hatch
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Exterior Siding:Vinyl Siding
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Foundation Type:Concrete, Stone
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Basement Description:Full, Unfinished, Full With Hatchway
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SqFt Total:4293
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SqFt Est Heated Above Grade:4293
Interior
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Fireplaces Total:2
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Laundry Room:Coin Op Laundry
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Laundry Room Location:Side of home in separate, attached area
Location
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Directions:Coming from Occum: Home is on the right., keep driving past the home and the two following homes. Turn right on Topliff Dr. Tur right behind homes and follow until you reach blue house w orange doors.
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Neighborhood:N/A
The Property
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Parcel Number:2412448
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Property Type:Multi-Family For Sale
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Property Subtype:4 Family
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Zoning:R40
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Acres:7.31
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Acres Source:Approximate
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Lot Description:Lightly Wooded, Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (866) 828-3951
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:18959
Beds
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Beds Total:12
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Virtual Showing:Yes
Heating & Cooling
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Heat Type:Heat Pump, Hot Air, Wall Unit, Zoned
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Heat Fuel Type:Electric
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Cooling System:Central Air, Wall Unit
Utilities
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Water Source:Public Water Connected
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Sewage System:Public Sewer Connected
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Sewer Assess Description:on p&l
Schools
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Elementary School:Per Board of Ed
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High School:Norwich Free Academy
The Community
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Nearby Amenities:Basketball Court, Medical Facilities, Park, Playground/Tot Lot, Private School(s), Shopping/Mall
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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, Assigned Parking, Unpaved
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Parking Total Spaces:10
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/5/24
Nov 5, 2024
|
Pending | SMART_MLS | $750,000 | |
|
10/28/24
Oct 28, 2024
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Listed / Active | SMART_MLS | $750,000 | 614.3% (151.4% / YR) |
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10/8/20
Oct 8, 2020
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SMART_MLS | $105,000 |
