
Description
PRICE REDUCED! Three family home in the heart of Norwich. Recently renovated inside and out, with excellent rental history. The current rent roll is $1,925/month; however, rents have not been raised in a long time, so there is much more room for potential rent. Taxes are super low, and tenants pay all utilities. There is a four-bedroom, a two-bedroom, and a one-bedroom unit. This would be great for owner occupancy or a solid portfolio addition with a 15% capitalization rate.
-
7BEDS
-
0.13ACRES
-
3BATHS
-
01/2 BATHS
-
4,122SQFT
-
$33$/SQFT
Description
PRICE REDUCED! Three family home in the heart of Norwich. Recently renovated inside and out, with excellent rental history. The current rent roll is $1,925/month; however, rents have not been raised in a long time, so there is much more room for potential rent. Taxes are super low, and tenants pay all utilities. There is a four-bedroom, a two-bedroom, and a one-bedroom unit. This would be great for owner occupancy or a solid portfolio addition with a 15% capitalization rate.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than HusVar Real Estate are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2023-09-28T20:14:06.867.