$410,000
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72 Merchants Avenue, Norwich, CT 06380

14 Beds
6 Baths
4,504 Sq Ft

Rare Opportunity! Investors take note, fully rented 6 units, well maintained with many updates. Current gross income is more than $73,000. This generous income-producing property features, 2 - units with 3 beds and 4 - units with 2 beds; in which, ALL include laundry hookups and separate utilities. List of recent updates, as well as, income and expenses available. At this price point, you wont find another comparable. Act fast, to add this no-brainer investment to your real estate portfolio!

  • MLS# 170540177
  • Date Listed12/12/2022
  • Bedrooms 14
  • Bathrooms 6 Full baths
  • Lot Size 0.2 acres (8,712 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County New London
  • Year Built 1880
  • Water Public
  • Square Feet 4,504 sq. ft
  • Price Per Sq. Ft $91.03

Interior Features

  • Cooling None
  • Heating Natural Gas, Baseboard

Exterior / Lot Features

  • Exterior Shed(s)
  • Roof -
  • Lot Size Acres 0.20
  • Lot Size SQFT 8,712.00
  • Lot Features Sloped

Financial Considerations

  • Tax Amount $5,960
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CT / 06380

Source: Walkscore

23/100

Car-Dependent

Walk Score ®

19/100

Minimal Transit

Transit Score ®

25/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Transit Summary

1 nearby routes: 1 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 8/100, Bike Score: 13/100.

Points of Interest near 72 Merchants Avenue, Norwich, CT 06380

Frequently Asked Questions for 72 Merchants Avenue

Source: Realty.com

72 Merchants Avenue, Norwich, CT 06380 is a Multi Family, Residential Income property listed for $410,000 The property is 4504 sq. ft with 14 bedrooms and 6 bathrooms

Realty.com has 39 photos of 72 Merchants Avenue.

Our records indicate that 72 Merchants Avenue was built in 1880.

The full address for this home is 72 Merchants Avenue, Norwich, CT 06380.

72 Merchants Avenue has been listed on Realty.com since Mon December 12, 2022

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 12/100, Transit Score: 8/100, Bike Score: 13/100.

There are 3 schools assigned to this home. Check out the schools near 72 Merchants Avenue. Bishop School - Early Learning Center (Grades: PK - PK), Kelly Middle School (Grades: 6 - 8), Norwich Technical High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Legends (tel: 860-451-8000)
Listing agent: Mario Stephens (tel: 860-451-8000) (#ESTEPHENM)

This content last refreshed on 2025-11-26 18:32:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 72 Merchants Avenue, Norwich, CT 06380 : MLS# 170540177