526 Canterbury Turnpike, Norwich, CT 06360 - MLS#24056430

Norwich, CT 06360,526 Canterbury Turnpike

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Silver And Oak Realty CT

[email protected] +1(877) 293-0868

$750,000

Est. payment - /mo

12 Beds

4 Baths

4,293 SqFt

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UPDATED:

11/06/2024 02:25 AM

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,293 sqft

Price per Sqft $174

MLS Listing ID 24056430

Style Units on different Floors,Units are Side-by-Side

Bedrooms 12

Full Baths 4

Year Built 2022

Annual Tax Amount $18,959

Lot Size 7.310 Acres

Property Description

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

Location

State CT

County New London

Zoning R40

Rooms

Basement Full, Unfinished, Full With Hatchway

Interior

Heating Heat Pump, Hot Air, Wall Unit, Zoned

Cooling Central Air, Ductless, Split System, Wall Unit

Fireplaces Number 2

Exterior

Garage None, Off Street Parking, Assigned Parking, Unpaved

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Lightly Wooded, Level Lot

Foundation Concrete, Stone

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Norwich Free Academy

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Listed by Joyce Perlot • eXp Realty

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Silver And Oak Realty CT

+1(877) 293-0868

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