|
$46,750 NOI |
$11,123 NCF |
1.31 DSCR |
8% Cap |
7% ROI |
Architectural Gem Near Downtown
221 Broadway, Norwich, CT
4 Family . $148,750/unit
$595,000
Description
Income
Expenses
Highlights
|
$46,750 NOI |
$11,123 NCF |
1.31 DSCR |
8% Cap |
7% ROI |
| % Proforma : % Proforma :
93%
|
Parking :
Off Street
|
| Property Type : Type :
4 Family
|
Heating :
Natural Gas
|
| Buildings :
1
|
Hot Water :
Natural Gas
|
| Parcel(s) :
1
|
Sewer :
Public
|
| Year Built :
1909
|
Water :
Public
|
| Occupancy : Occ. :
100%
|
Trash :
City Pick-up
|
| Sqft:
5362 sqft
|
Utility Split :
Tenant Paid
|
| Lot Size :
11000 acres
|
Sprinklers :
No
|
- Beautiful Property with 2 Car Garage
- Off Street Parking
- Tenant Paid Utilities
- Double Digit Returns
Welcome to this beautiful architectural gem near Downtown, in one of the most desired neighborhoods in New London County. The property consists four 2 Bedroom units that are rented very well, but still has strong upside. There is a detached 2 car garage, and a hug parking lot with more than enough parking for all tenants. All utilities are tenant paid.
