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Off market

Buy a multi-family propertyat 574 North Main Street, Norwich, CT 06360

$255,000

$0/mo

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Multifamily

2,112 Sq. Ft. lot

357 Days on market

170561236 MLS ID

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About 574 North Main Street multi-family property

Attention Investors! Here is a great opportunity to own a large 2 family home at an affordable price. Whether you're looking to start as an Investor or add to your portfolio, 574 N Main Street is a great option. Best of all, the home will be fully vacant at the time of closing, giving you the option to make desired upgrades, rent out both units or live in one unit and have the other tenant help pay your mortgage. Both units are move in ready and feature over 1,000 sq ft of living space and laundry hookups on each unit. The first floor unit can be utilized as a 3 bedroom with a dining room or as a 4 bedroom with no dining room. The 2nd floor unit can be used as a 4 bedroom with a dining room or as a 5 bedroom with no dining room with 2 of the additional bedrooms located in the finished attic. The basement offers ample storage space with walk out to the front of the home. Both boilers for each unit were replaced approximately 1 yr ago. There is plenty off-street parking for a total of 6 cars. With rent prices increasing, this home is perfect for the investor or an owner occupant looking to own/live in an affordable home. The property is conveniently located w/in walking distance to shopping, offers views of the Shetucket River, minutes from Mohegan Sun & Foxwoods Resort Casino and allows en easy commute to highways and Rhode Island. The sale of this home is subject to seller securing suitable housing. Schedule YOUR private showing today. This one WILL NOT last!
Attention Investors! Here is a great opportunity to own a large 2 family home at an affordable price. Whether you're looking to start as an Investor or add to your portfolio, 574 N Main Street is a great option. Best of all, the home will be fully vacant at the time of closing, giving you the option to make desired upgrades, rent out both units or live in one unit and have the other tenant help pay your mortgage. Both units are move in ready and feature over 1,000 sq ft of living space and laundry hookups on each unit. The first floor unit can be utilized as a 3 bedroom with a dining room or as a 4 bedroom with no dining room. The 2nd floor unit can be used as a 4 bedroom with a dining room or as a 5 bedroom with no dining room with 2 of the additional bedrooms located in the finished attic. The basement offers ample storage space with walk out to the front of the home. Both boilers for each unit were replaced approximately 1 yr ago. There is plenty off-street parking for a total of 6 cars. With rent prices increasing, this home is perfect for the investor or an owner occupant looking to own/live in an affordable home. The property is conveniently located w/in walking distance to shopping, offers views of the Shetucket River, minutes from Mohegan Sun & Foxwoods Resort Casino and allows en easy commute to highways and Rhode Island. The sale of this home is subject to seller securing suitable housing. Schedule YOUR private showing today. This one WILL NOT last!

Property details

Attic Information

Attic YN: 1

Finished

Basement

Full With Walk-Out

House

New Construction Type: No/Resale

Built in 1910

Frame

Units on different Floors

Community

Shopping/Mall

Cooling

None

Disclosures

Radon Mitigation Air YNU: No

Radon Mitigation Water YNU: No

Exterior Features

Balcony

Porch-Screened

Vinyl Siding

Foundation

Concrete

Stone

Garage

Off Street Parking

Heating

Electric

Steam

Home Owner's Association

None

Laundry

Laundry Room Location: Each unit, 2nd unit = Upper level

All Units Have Hook-Ups

Location

County: New London

Neighborhood: Greenville

Lot

0 acres

Lightly Wooded

Sloping Lot

Energy Saving

Storm Doors

Parking

6 total parking spaces

Private

Paved

Possession

Possession Availability: Negotiable

Property

2112 heated sqft above grade

2112 total sqft

2 units

River

View

Walk to Water

Roof

Asphalt Shingle

Schools

Elementary School: Per Board of Ed

High School: Norwich Free Academy

Sewer

Public Sewer Connected

Taxes

Year: July 2022-June 2023

Utilities

Fuel Tank Location: Non Applicable

Hot Water: Electric

Monthly cost

Estimated monthly cost

$1,918/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$239,700

+$7,650

$247,350

Seller agent commission$7,650 (3%)*

$0 (0%)

Buyer agent commission$7,650 (3%)*

$7,650 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $7,650 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: May 7, 2023 at 2:47 p.m.

Courtesy of Josue Nieves, Higgins Group Real Estate.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Listing Information © 2024 SmartMLS, Inc. All Rights Reserved.

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