227 W Town St, Norwich, CT 06360
FOR SALE0.66 ACRES

227 W Town St
Norwich, CT 06360

Bean Hill
  • 9 Beds
  • 6 Baths
  • 4,303 sqft (on 0.66 acres)
  • 9 Beds
  • 6 Baths
  • 4,303 sqft (on 0.66 acres)

$575,000

Original price: $599,000
Est. Mortgage $3,875/mo*
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Local Information

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Description

Great investment property! 2 buildings with 4 apartments. Fully leased. NOI is $50,000, 8 CAP. Building 1 has 2 apartments with high ceilings, hardwood floors, natural light, washer & dryer, ceiling fans and some outdoor deck. Building 2 has 2 apartments, 1 studio, 1 two bedroom and 1 garage. Property is very well maintained with parking on site. Conveniently located near I-395. Please see also MLS #170611522.

Home Highlights

Parking
6 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$134
Listed
158 days ago

Home Details for 227 W Town St

Interior Features

Interior Details
Basement: FullNumber of Rooms: 23
Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 4303 Square Feet
Appliances & Utilities
Appliances: Water HeaterLaundry: In Unit
Heating & Cooling
Heating: Baseboard,Gas on Gas,Forced Air,Natural GasHas CoolingAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Baseboard

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Concrete PerimeterNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 6Parking: None,Parking Lot
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 4303 Square Feet

Days on Market

Days on Market: 158

Property Information

Year Built
Year Built: 1885
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Units on different Floors
Building
Construction Materials: Vinyl SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Parcel Number: 2026351

Price & Status

Price
List Price: $575,000Price Per Sqft: $134
Status Change & Dates
Possession Timing: Immediate

Active Status

MLS Status: Active

Location

Direction & Address
City: Norwich
School Information
Elementary School: Per Board of EdHigh School: Per Board of Ed

Agent Information

Listing Agent
Listing ID: 170611522

Building

Building Area
Building Area: 4303 Square Feet

Community

Community Features: Near Public Transport, Medical Facilities, Paddle Tennis, Park, Private School(s), Shopping/MallUnits in Building: 6

HOA

No HOA

Lot Information

Lot Area: 0.66 acres

Miscellaneous

BasementMls Number: 170611522Attic: None

Additional Information

Near Public TransportMedical FacilitiesPaddle TennisParkPrivate School(s)Shopping/Mall
Last check for updates: 1 day ago
Listing courtesy of Constance Howard
US Properties
Susan Howard
US Properties
Source: Smart MLS, MLS#170611522

Price History for 227 W Town St

DatePriceEventSource
01/30/2024$575,000PriceChange
Smart MLS #170611522
11/20/2023$599,000Listed For SaleSmart MLS #170611522
10/31/2023ListingRemovedSmart MLS #170590303
08/16/2023$600,000Listed For SaleSmart MLS #170590303
09/29/2021ListingRemovedSmart MLS #170407518
04/11/2017$400,000Sold
N/A
01/26/2006$169,000Sold
N/A
07/03/2000$100,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$8,414
Assessment$200,200
Home facts updated by county records

Comparable Sales for 227 W Town St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
44 E Town St, Norwich, CT
1.07
Multi-Family Home
$340,000
09/29/23
4
2
2,875
75 New London Tpke, Norwich, CT
1.23
Multi-Family Home
$260,000
10/04/23
5
3
2,083
22 Perkins Ave, Norwich, CT
2.44
Multi-Family Home
$388,759
06/08/23
8
3
5,063
214 Broadway, Norwich, CT
2.47
Multi-Family Home
$457,805
06/08/23
10
6
6,064
26 Monroe St, Norwich, CT
1.99
Multi-Family Home
$310,000
09/11/23
4
2
1,924
27 Norwich Ave, Norwich, CT
3.09
Multi-Family Home
$390,000
08/14/23
9
6
4,071
37 Otis St, Norwich, CT
2.58
Multi-Family Home
$329,000
05/11/23
8
3
3,900
40 Maple Grove Ave, Norwich, CT
2.47
Multi-Family Home
$240,160
06/08/23
6
6
2,543
111 Broad St, Norwich, CT
2.43
Multi-Family Home
$350,000
10/26/23
8
3
2,700

Neighborhood Overview

Bean Hill
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Neighborhood stats provided by third party data sources.

What Locals Say about Bean Hill

  • Joshua Koplowitz
    "Honestly, a lot of the dogs aren’t very well socialized and some seem pretty aggressive……………….,..,…."
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  • Kenbrando
    "Beans dont fry in the kitchen and they dont burn on the grill either...Safe and stable neighborhood. Neighbors stay to themselves and keep up on their properties."
    3
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  • Adam R.
    "it is nice, seems safe and quiet for the most part. not much as far as parks go, or restaurants. kind of secluded. "
    6
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LGBTQ Local Legal Protections

Constance Howard, US Properties
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
227 W Town St, Norwich, CT 06360 is a 9 bedroom, 6 bathroom, 4,303 sqft multi-family built in 1885. 227 W Town St is located in Bean Hill, Norwich. This property is currently available for sale and was listed by Smart MLS on Nov 20, 2023. The MLS # for this home is MLS# 170611522.