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506 Plain Hill Road

Norwich, CT 06360
  • $899,900
  • STATUS: Active Under Contract
  • ON SITE: 49 Days
  • MLS #: 170491193
Under Contract
UPDATED: 22 min ago
$899,900
  • 12
    BEDS
  • 17
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 6,656
    SQFT
  • $135
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Information

Elementary School:
High School:

Description

Rarely available, cash flowing & turn key investment opportunity with a total of 8 units and 17 acres in New London County. This offering consists of: (2) 4 family properties. #506 Plain Hill Rd in Norwich & #508 Plain Hill Rd in Franklin. All units are approx 830 SF w/2 bed/1 bath and have been updated as needed with flooring, fixtures, paint, kitchen and bath updates. Both properties are 100% occupied with stable tenant base. The heat (oil) is landlord paid. The electric is separate & tenant updated (hot water & lights). There is coin-op laundry on site for tenant convenience and additional income. The property has private well water & septic which keeps the expenses LOW! There are also many under market rents which offers the opportunity to increase rents & ADD VALUE! The properties have ample off-street parking and are situated on 17 acres - possible development (buyer to do due diligence). *Note: The property fronts Norwich but the buildings and significant acreage are in the town of Franklin.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-07-03T19:09:54.177.
www.sunsetcreekrealty.com/homes/128728581
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506 Plain Hill Road Norwich, CT 06360

  • Price: $899,900
  • Status: Active Under Contract
  • On Site: 49 Days
  • Updated: 22 min ago
  • MLS #: 170491193
12
Beds
6
Baths
0
½ Baths
17
Acres
6,656
SQFT
$135
$/SQFT
1969
Built
Neighborhood:
Norwichtown
County:
New London
Area:
Norwich
Elementary School:
per board of ed
High School:
per board of ed
Property Description
Rarely available, cash flowing & turn key investment opportunity with a total of 8 units and 17 acres in New London County. This offering consists of: (2) 4 family properties. #506 Plain Hill Rd in Norwich & #508 Plain Hill Rd in Franklin. All units are approx 830 SF w/2 bed/1 bath and have been updated as needed with flooring, fixtures, paint, kitchen and bath updates. Both properties are 100% occupied with stable tenant base. The heat (oil) is landlord paid. The electric is separate & tenant updated (hot water & lights). There is coin-op laundry on site for tenant convenience and additional income. The property has private well water & septic which keeps the expenses LOW! There are also many under market rents which offers the opportunity to increase rents & ADD VALUE! The properties have ample off-street parking and are situated on 17 acres - possible development (buyer to do due diligence). *Note: The property fronts Norwich but the buildings and significant acreage are in the town of Franklin.
Exterior Features

Color Beige Construction Description Frame Driveway Type AsphaltGravel Exterior Features GuttersLighting Exterior Siding Vinyl Siding Foundation Type Concrete Lot Description Level LotLightly Wooded Roof Information Asphalt Shingle Style Units On Different Floors Waterfront Description Not Applicable

Interior Features

Attic Yn No Basement Description FullUnfinished Cooling System Window Unit Heat Type Baseboard Hot Water Description Electric

Property Features

Association Amenities None Bank Owned Property Yn No Direct Waterfront Yn No Flood Zone Yn No Fuel Tank Location Above Ground Garage Parking Info DrivewayOff Street Parking Heat Fuel Type Oil Hoa Yn No Home Warranty Offered Yn No Laundry Room Info Coin Op Laundry Nearby Amenities Golf CourseLakeMedical FacilitiesParkPlayground/Tot Lot New Construction Type No/Resale Possession Availability Negotiable Potential Short Sale Yn No Property Sub Type 5 Family+ Property Tax 7824 Radon Mitigation Air Ynu No Radon Mitigation Water Ynu No Sewage System Septic Sign Yn No Swimming Pool Yn No Water Source Private Well Zoning R40/R8

Listing information © 2022 Smart MLS
Listing provided courtesy of Amanda R Faroni of Vanguard Private Client Grp.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-07-03T19:09:54.177.
 
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Sunset Creek Realty
1100 Boston Post Road
Guilford CT, 06437