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listing
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MultifamilyPending
$360,000
205 Norwich Avenue
Norwich, CT 06380
Courtesy of Mikasa Realty Group, Inc.
MLS: Smart MLS
8Beds
3Baths
Est. Mortgage
$1,958/mo

Key Points about the MixUse Property: Occupancy: 3 residential units occupied + 1 commercial unit with restroom Building Information: Limited information available from owners about permits and mechanical systems. Utilities: Tenants pay for their own utilities. Inspections: Allowed for informational purposes only. Buyers should conduct their own due diligence. Parking: Good off-street parking availability. Location: Great location for a commercial business. Access: Requires 48 hours notice to access the property, likely to avoid disturbing residents. This could be a good deal for: Investors comfortable with some uncertainty and willing to conduct thorough inspections. Businesses seeking a good location with ample parking. Important to Consider: Schedule inspections to assess the building's condition (plumbing, electrical, etc.) Investigate permits and ensure the commercial unit complies with regulations. Factor in potential costs for repairs or upgrades based on inspection findings. Overall, with proper due diligence, this could be a good opportunity due to the good location, parking, and existing commercial space.

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Information courtesy of Mikasa Realty Group, Inc. is subject to verification and is not guaranteed. Listing Data Last Updated 09/07/2024 10:05 PM
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