Do Real Estate on the Go!
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Do Real Estate on the Go!
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$2,150,000
10 Beds
- 5 Baths
5 full baths
2,453sqft
15 Platt Ave, Norwich, CT 06360
$2,150,000
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Triplex
Built in 1890
$-- HOA
12,632.4 sqft lot
$876/sq.ft
Description
Offered at $2,150,000, this stabilized multifamily portfolio consists of 18 units across 5 buildings, plus a multifamily infill redevelopment opportunity that provides significant upside beyond the current in-place 9% ROI. The portfolio includes: 681 N Main Street (4 units) 20 North A Street (4 units) 37 South B Street (3 units) 102 Boswell Avenue (5 units) 72 North Main Street (2 units) 15 Platt Avenue - Multifamily Redevelopment Opportunity (Former 3-Family) The income-producing assets are approximately 90% of pro forma, offering investors strong day-one cash flow with limited operational lift. Remaining upside is achievable through modest rent optimization and cont...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1890
HOA Fees
-
Finished Area
2,453 sqft
Lot Size
12,632.4 sqft lot
Basement Area
- sqft
MLS Name
SMART MLS
MLS Number
24153305
MLS Status
Active
Days on Market
1
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