Howard Hanna Rand Realty
Kathy Berg, Howard Hanna Rand RealtyPhone: (203) 417-2347
Email: [email protected]

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listing
1 of 34
MultifamilyFor Sale
$750,000
526 Canterbury Turnpike
Norwich, CT 06360
Courtesy of eXp Realty
MLS: Smart MLS
12Beds
4Baths
Est. Mortgage
$3,971/mo

A unique chance to acquire a four-family residence in the tranquil Norwich, CT, generating over 90k a year, is now available. This property underwent a complete renovation in 2022 and occupies 2.37 acres. It features four units, each with three bedrooms, one-bathroom. All of the units are feature stainless steel appliances, granite countertops, energy-efficient, electric mini-splits for heating and cooling, and semi-private decks, among other amenities. In addition, there is a coin-op laundry room on premise for additional income. All units have individual electric meters. New sewer line from home to street recently installed. The property generates an annual gross income exceeding $90,000 and has the potential for subdivision into additional building lots. Included in the sale is an extra 4.94-acre lot at 514 Canterbury Turnpike, encompassing Topliff Drive with access to Old Canterbury Turnpike. Taxes, assessed value, and acreage reflect the combination of 526 and 514 Canterbury tpke. Also listing in a portfolio with adjoining multifamily MLS 24042939

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Information courtesy of eXp Realty is subject to verification and is not guaranteed. Listing Data Last Updated 11/01/2024 12:19 PM
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