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526 Canterbury Turnpike, Norwich, CT 06360

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For Sale
Sale Pending

$750,000

12 beds • 4 baths • 4,293 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $174.70
    Price per square foot

  • 1-5 Years Old
    Age

  • Basement
    Rooms

Explore this Property

A unique chance to acquire a four-family residence in the tranquil Norwich, CT, generating over 90k a year, is now available. This property underwent a complete renovation in 2022 and occupies 2.37 acres. It features four units, each with three bedrooms, one-bathroom. All of the units are feature stainless steel appliances, granite countertops, energy-efficient, electric mini-splits for heating and cooling, and semi-private decks, among other amenities. In addition, there is a coin-op laundry room on premise for additional income. All units have individual electric meters. New sewer line from home to street recently installed. The property generates an annual gross income exceeding $90,000 and has the potential for subdivision into additional building lots. Included in the sale is an extra 4.94-acre lot at 514 Canterbury Turnpike, encompassing Topliff Drive with access to Old Canterbury Turnpike. Taxes, assessed value, and acreage reflect the combination of 526 and 514 Canterbury tpke. Also listing in a portfolio with adjoining multifamily MLS 24042939
MLS# 24056430

Courtesy Of eXp Realty of CT, LLC

(866) 828-3951

Property Features

  • Age
    1-5 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Cooling System
    Wall Unit(s) A/C
  • Exterior Type
    Vinyl Siding
  • Fireplace
    Fireplace
  • Heating System
    Fireplace, Heat Pump, Wall Unit, Zoned
  • Lot Size
    7.31 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 526 Canterbury Turnpike, Norwich, CT 06360

Home seller CENTURY 21 Shutters & Sails

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Shutters & Sails

(860) 331-1510
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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