19-29 S 2nd Ave | Norwich, CT 06360
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19-29 S 2nd Ave
Norwich, CT 06360
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 6,840 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1870 |
| Building Class | C | Parking Ratio | 0.88/1,000 SF |
| Zoning | GC | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 6,840 SF |
| No. Stories | 2 |
| Year Built | 1870 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | GC |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Washer/Dryer Hookup
- Refrigerator
- Range
- Carpet
- Yard
- Attic
- Basement
ABOUT 19-29 S 2ND AVE , NORWICH, CT 06360
Townhouse style apartments with individual walk in entrance from curb side. Each apartment has its own back yard. All apartments have been updated over the last three years including roof replacement. 100% Occupancy with local management in place for turn-key apartment building. Ability to raise rents 10% to 20% to bring them to market rates. Proforma numbers reflect ACTUAL CURRENT income going forward, and expenses based on latest management expenditure projections.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 5 | $975.00 | 1,140 |
| 2+2 | 1 | $900.00 | 1,140 |
PROPERTY TAXES
| Parcel Number | NORW-000047-000004-000038 | Improvements Assessment | $189,600 |
| Land Assessment | $39,700 | Total Assessment | $229,300 |
PROPERTY TAXES
Parcel Number
NORW-000047-000004-000038
Land Assessment
$39,700
Improvements Assessment
$189,600
Total Assessment
$229,300
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