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$ 418,000
Est. payment /mo
New
364-366 Washington Street Norwich, CT 06360
6 Beds
4 Baths
3,308 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,308 sqft
Price per Sqft $126
MLS Listing ID 24176662
Style Units on different Floors
Bedrooms 6
Full Baths 3
Half Baths 1
Year Built 1860
Annual Tax Amount $7,397
Lot Size 0.260 Acres
Property Sub-Type 2 Family
Property Description
Rare chance to own a one-of-a-kind, spacious vintage large 2 family home with strong income potential. Featuring of spacious 6 bedrooms and 4 bathrooms, this property offers excellent cash flow for investors and is also ideal for owner-occupants looking to offset costs with rental incomes. Based on official records and historic registries, property is located within a Federally designated historic district in Norwich, CT. Washington St is a major thoroughfare here. Washington Street Historic District - An area documented for containing many of the late 19th-century structures that contribute to the area's historic fabric. The property is recorded as a contributing resource. This means it retains the historic character that makes the area historically significant. In line with the area, the property was built around 1860-predating the official historic district designation. As an owner, you can make renovations and updates, but any project visible from the street (exterior changes, additions, demolition, or major landscaping) will require review and approval from the local historic district department to ensure changes match the historic character. The good news is that being in a historic district often provides eligibility for state or federal tax credits, which can significantly offset the costs of qualified rehabilitation projects. For an investment property, leveraging these credits can enhance your financial returns. Arrange with Listing agent for private vi
Location
State CT
County New London
Zoning R-20
Rooms
Basement Full
Interior
Heating Steam
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot, Level Lot
Foundation Concrete, Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Norwich Free Academy
Listed by Ivy Ong • William Raveis Real Estate