Whether you're looking to expand your investment portfolio or owner occupy while generating rental income, this well maintained four family property checks all the boxes !
2 S B
Norwich, CT 06360
Listing
| Web ID: | 5849830 |
|---|---|
| Website: | https://www.nestseekers.com/5849830 |
Property
| Ownership: | Multi-Family |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | 12 BR |
| Bathrooms: | 4 |
| Area: | 4560 sq ft |
Financials
Price:$550,000
Annual Taxes:$10,707
Description
Whether you're looking to expand your investment portfolio or owner-occupy while generating rental income, this well-maintained four-family property checks all the boxes! Currently bringing in $5,100 per month with one unit vacant, this property offers an impressive $7,600/month pro forma income once fully rented. All four units feature desirable townhouse-style layouts, offering tenants added privacy and functionality. With separate utilities, tenants handle their own services, helping keep operating expenses in check. Conveniently located with great access to Route 395, downtown Norwich, shopping, restaurants, and local amenities. Opportunities like this don't come around often! Take advantage of the existing cash flow, lease up the vacant unit, and maximize the income potential. Perfect for investors looking to add a strong-performing asset or an owner-occupant looking to offset their mortgage with rental income. Don't miss out on this income-producing opportunity!
Amenities
- Elementary School - Per Board of Ed
- High School - Per Board of Ed
- Intermediate School -
- Window Unit
Contact
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Phone: +1 203-204-9555
Listing Courtesy of Matthew Santurri of Byrnes Real Estate Company