Description
Three-family home in the heart of Norwich. Recently renovated inside and out, with excellent rental history. The current rent roll is $2,175/month ($26,100/yr); 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. Currently has a capitalization rate of around 18%
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7BEDS
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0.13ACRES
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3BATHS
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01/2 BATHS
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4,122SQFT
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$29$/SQFT
Description
Three-family home in the heart of Norwich. Recently renovated inside and out, with excellent rental history. The current rent roll is $2,175/month ($26,100/yr); 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. Currently has a capitalization rate of around 18%
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