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124 Washington St 8 Unit Apartment Building $925,000 ($115,625/Unit) Norwich, CT 06360
INVESTMENT HIGHLIGHTS
- Five units have been renovated
- Laundry room that comes with service provided washer and dryer
- New cluster mailboxes in entryway and new gutters
EXECUTIVE SUMMARY
Well maintained 9 unit apartment building. 5 units have been recently renovated. Tenant paid utilities (except for unit 5 gas). Plenty of off street parking.
PROPERTY FACTS
| Price | $925,000 | Building Class | C |
| Price Per Unit | $115,625 | Lot Size | 0.70 AC |
| Sale Type | Investment | Building Size | 5,940 SF |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1880 |
| Property Subtype | Apartment | Parking Ratio | 2.86/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | MF5 - Multifamily | ||
| Price | $925,000 |
| Price Per Unit | $115,625 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.70 AC |
| Building Size | 5,940 SF |
| No. Stories | 3 |
| Year Built | 1880 |
| Parking Ratio | 2.86/1,000 SF |
| Zoning | MF5 - Multifamily |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 5 | - | - |
| Studios | 1 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | NORW-000092-000002-000039 | Improvements Assessment | $234,200 |
| Land Assessment | $56,300 | Total Assessment | $290,500 |
PROPERTY TAXES
Parcel Number
NORW-000092-000002-000039
Land Assessment
$56,300
Improvements Assessment
$234,200
Total Assessment
$290,500
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124 Washington St
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