227 West Town Street Norwich, CT $ 575,000
227 West Town Street
$ 575,000
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227 West Town Street

Norwich, CT, 06360
$ 575,000
Baths2.0 Sq 4,303

Monthly Estimate*

$ 3,822

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Studio

Commercial Property for sale in Norwich, CT

for $575,000 with 2 full baths. This 4,303 square foot building was built in 1885 on a lot size of 0.66.

Great investment property! 2 buildings with 4 apartments. Fully leased. NOI is $50,000, 8 CAP. Building 1 has 2 apartments with high ceilings, hardwood floors, natural light, washer & dryer, ceiling fans and some outdoor deck. Building 2 has 2 apartments, 1 studio, 1 two bedroom and 1 garage. Property is very well maintained with parking on site. Conveniently located near I-395. Please see also MLS #170611522.

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Commercial Active

Price

$ 575,000

Bedrooms

Studio

Full Bath

2

Property Type

Commercial

Taxes

$ 0

Style

Commercial For Sale

Lot Size

0.66

Year Built

1885

Town/City

Norwich

MLS | Web ID

170610928

Features
General
Zoning NC
Full Baths 2
Half Baths 0
Year Built 1885
Neighborhood N/A
Heater Type Baseboard Gas on Gas Hot Air
County New London
Tax Year July 2023-June 2024
Location Highway Access
Property Type Commercial For Sale
Status Active
Acres 0.66
Directions From I-395 North to Exit 14. Left off exit. Property will be on the right.
City Norwich
Street Name Town
Sq Ft Total 4303
DOM 184
Video Tour Y/N 0
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Interior
Cooling System Ceiling Fans
Total Rooms 0
Utilities Available Electric Available Gas Available
Ceiling Height 9
Total Bathrooms 2
Total Bedrooms 0
Total Number of Units 6
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Exterior
Water Source Public Water Connected
Lot Description Treed Sloping Lot
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Internal Only
Street Number 1 227
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* Excluded Features
List By
Constance Howard

Listing Agent

Us Properties

Broker

chowardusp@gmail.com

Email

Affordability Calculator

$3,822
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,822
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2024$575,000 -4.01% Price Down
11/20/2023$599,000 Listed Price

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227 West Town Street, Norwich, CT, 06360 is a Commercial Property for sale at $575,000 with 4,303 sqft and a lot size of 0.66. 227 West Town Street is a studio with 2.0 baths and was built in 1885. The property's zip code is 06360 which is in Norwich, CT