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Key Details
Sold Price $90,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,122 sqft
Price per Sqft $21
MLS Listing ID R1639654
Sold Date 05/01/26
Bedrooms 7
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,978
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 54X112
Property Sub-Type Multi Family
Property Description
Three-family home in the heart of Norwich with a CAPITALIZATION RATE OVER 18%! 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.
Location
State NY
County Chenango
Area Norwich-City-081100
Direction From Norwich: Take Main St to Maple. The property is 500 feet up on the right.
Rooms
Basement Full
Interior
Heating Electric, Baseboard
Flooring Varies, Vinyl
Fireplace No
Appliance Electric Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Blown-In Insulation,Frame
Construction Status Existing
Schools
School District Norwich
Others
Senior Community No
Tax ID 136.56-1-9
Acceptable Financing Cash, Conventional, Other, See Remarks
Listing Terms Cash, Conventional, Other, See Remarks
Financing Cash
Special Listing Condition Standard
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Bought with Howard Hanna
NEARBY SCHOOLS & BUSINESSES
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KW Upstate New York Properties
Broker | License ID: 10991215115
Broker License ID: 10991215115