18
See all 18 photos
$405,000
Est. payment /mo
9 Beds
6 Baths
3,000 SqFt
New
50 Central Avenue Norwich, CT 06360
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $135
MLS Listing ID 24150184
Style Units are Side-by-Side
Bedrooms 9
Full Baths 3
Half Baths 3
Year Built 1988
Annual Tax Amount $8,049
Lot Size 10,454 Sqft
Property Sub-Type 3 Family
Property Description
Well-Maintained 3-Family with Large Units & Solid NOI Attractive opportunity to own a 3-family multifamily property featuring three side-by-side units, each offering 3 bedrooms and 1.5 bathrooms-a highly desirable layout that supports strong rental demand and long-term tenant retention. Unit 2 has been fully renovated, showcasing new flooring, fresh paint, updated kitchen cabinets and countertops, new appliances, modern light fixtures, updated water fixtures, and a new water heater.. The remaining units offer spacious, functional layouts with excellent potential for future updates and value enhancement. A detached garage provides additional rental income or can serve as a convenient and flexible space for an owner-occupant, adding to the property's versatility. The building also offers off-street parking, a valuable amenity for tenants. With generously sized units, multiple bathrooms, side-by-side layouts, and supplemental income from the garage, this property presents a strong investment opportunity with both immediate cash flow and long-term upside.
Location
State CT
County New London
Zoning MF
Rooms
Basement None
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Detached Garage, Paved, Off Street Parking, Driveway
Garage Spaces 1.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete, Slab
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Harrison Graham • IMT Realty