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Listing Details

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School Ratings & Info

Description

Welcome to this amazing opportunity to purchase a 50 Unit complex in the Norwich CT. Nestled on 7.33 Acres not including an additional buildable lot of 3.5 acres totaling 10+ acres of prestigious land. Located in between two of the biggest Casinos in the US and a city that is growing rapidly with amusement parks, new construction, business and more. This complex has always been fully occupied and self sufficient. Tenants are paying their own heat, ac, and electricity. Each unit comes with two parking spaces, separate electrical meter and the possibility to convert to gas and also to convert to separate water meters. The entire infrastructure for water and gas was put into place here as well as a brand new water line that was recently redone. Meticulously maintained property with a new roof, upgraded apartments, cameras, repaved driveway and many more. This property is the definition of pride of ownership. 33- 1 BR apt, 9 -2 BR apt and 4-3 BR apt. Schedule your private tour today.

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2021-09-21T00:17:18.827.
www.barbaracarterteam.com/homes/119482096
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50 Palmer Street Call Listing Agent, CT 06360

  • Price: $5,997,000
  • Status: Active
  • Updated: 48 min ago
  • MLS #: H6130962
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Beds
0
Baths
0
½ Baths
N/A
Acres
1968
Built
Neighborhood:
Out Of Area Town
County:
Out Of Area
Area:
Out Of Area Town
Property Description
Welcome to this amazing opportunity to purchase a 50 Unit complex in the Norwich CT. Nestled on 7.33 Acres not including an additional buildable lot of 3.5 acres totaling 10+ acres of prestigious land. Located in between two of the biggest Casinos in the US and a city that is growing rapidly with amusement parks, new construction, business and more. This complex has always been fully occupied and self sufficient. Tenants are paying their own heat, ac, and electricity. Each unit comes with two parking spaces, separate electrical meter and the possibility to convert to gas and also to convert to separate water meters. The entire infrastructure for water and gas was put into place here as well as a brand new water line that was recently redone. Meticulously maintained property with a new roof, upgraded apartments, cameras, repaved driveway and many more. This property is the definition of pride of ownership. 33- 1 BR apt, 9 -2 BR apt and 4-3 BR apt. Schedule your private tour today.
Exterior Features

Construction Materials Frame

Interior Features

Ceiling Height 10 Cooling Wall Unit(S) Cooling YN Yes

Property Features

Net Operating Income 666975.00 Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 83417.00 Zoning Description Mf

Listing courtesy of Arber Balidemaj of Keller Williams Realty Partner.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2021-09-21T00:17:18.827.
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299, Suite 100
Highland NY, 12528