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$465,000
Est. payment /mo
6 Beds
4 Baths
3,755 SqFt
Coming Soon
61 Williams Street Norwich, CT 06360
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Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Coming Soon
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
Listed by Barbara Royea • Carl Guild & Associates