61 Williams Street new

Norwich,CT 06360

$ 465000

6 Beds

4 Baths

3755 SqFt


Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,755 sqft

Price per Sqft $123

MLS Listing ID 24095004

Style Units on different Floors

Bedrooms 6

Full Baths 4

Year Built 1890

Annual Tax Amount $8,645

Lot Size 0.450 Acres

Property Sub-Type 3 Family

Property Description

Investor alert! This solid 3-family property offers strong rental income potential with immediate upside. Ideally located in a well-maintained neighborhood of multi-family and single-family homes, it's just a short walk to public transportation and a local hospital-making it an attractive option for tenants. Perfectly blending functionality and charm, this versatile property offers excellent potential for both investors and owner-occupants. The large front unit has been fully renovated and features a spacious layout with a living room, dining room, updated kitchen, 2 bedrooms, 2 full baths, and 2 additional rooms on the third floor-perfect for maximizing rent or adding flexible living space. The two additional units each offer 2 bedrooms, 1 bath, laundry room and a comfortable living space. The first floor unit has also been updated, while the second floor unit presents a value-add opportunity for future improvements and increased cash flow. Rents for both units are currently under market. Additional features include ample rear parking and a storage shed. Low-maintenance exterior and a location that consistently draws tenant interest make this property a smart addition to any investment portfolio. Note that a list of recent repairs and upgrades is included in the MLS documents. Whether you're looking to expand your rental holdings or start building wealth through real estate, this multi-family delivers solid returns and future upside.

Location

State CT

County New London

Zoning MF

Rooms

Basement Full

Interior

Heating Steam

Cooling None

Exterior

Exterior Feature Sidewalk,Shed,Porch,Deck

Parking Features None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Brick,Stone

Sewer Public Sewer In Street

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Norwich Free Academy

View More
Favorite Go Tour