129 SUMMIT ST
NORWICH, CT 06360

$230,000

4 Beds

2 Baths

1,700 Sq Ft

Status Pending

MLS# 24017518

It looks great and the price is great so let me get the issues out of the way first! This is an estate and the estate cannot make any needed repairs. The estate will not remove tenants though they are great tenants. First floors rent is well below market so a healthy increase is possible. There is an outstanding issue regarding heat on the second floor and new owners must, per the town add additional heating for the second unit, either more electric heaters, splits, etc.. Other than that it is an attractive building and the current tenants keep their units nice and neat. Subject to probate approval. Can be a great deal!

Details for 129 SUMMIT ST

$135 / Sq Ft

4 parking spaces

Baseboard

17 Days on website

0.2 acres lot

Interior

Bathrooms Full

Bathrooms Total

Bedrooms Total

Laundry Features

Hook-Up In Unit 1

Living Area

1,700 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1870

Exterior And Lot

Exterior Features

Gutters

Lot Features

Level Lot

Lot Size Acres

0.2

Lot Size Square Feet

8712

Parking Features

None, Off Street Parking

Parking Total

Waterfront Features

["Not Applicable"]

Zoning

Utilities

Cooling

["None"]

Heating

Baseboard

Area And Schools

City

Norwich

County Or Parish

New London

Elementary School

Per Board Of Ed

High School

Norwich Free Academy

Subdivision Name

Thamesville

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$3,770

Tax Year

2023

Additional Info

Mls Status

Under Contract