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26 Broadway, Norwich, CT 06360

$154,900

  • Sold
  • Closed
  • Commercial
26 Broadway, Norwich, CT 06360 View this property at 26 Broadway, Norwich, CT 06360
26 Broadway Norwich CT 06360

Map & Location

Street View

Property Description

circa 1900 Known as the FAIRHAVEN and just down the street from city hall. This 18500 sq ft building offers 18 one BR units and 3 two Br units and 2 1st flor retail spaces. IN NEED OF TOTAL REHAB and help from a grant of up to $100,000 from city. This is one for an experienced owner /developer with the upside for a 10-12 % return on investment.

Full Property Details for 26 Broadway

  • Sold For: $154,900
  • Taxes: $3,758
  • Status: Closed
  • Type: Commercial
  • MLS ID: E10184646
  • Added: 208 day(s) ago

Property History

  • 26 Broadway, Norwich, CT
  • Sold at $154,900 on 6/13/17
  • Listed at $159,900 on 12/1/16

Business

  • Business Type: Other, Multi-Family, Investment, Residential Incom

Interior

  • Interior Features: Elevator
  • Flooring: Other

Parking

  • Parking Features: None
  • Garage Description: None

Location

  • Area: Norwich
  • County: New London
  • Neighborhood: Norwich (79)
  • Driving Directions: Rt 12 to downtown Norwich and across the street from the WAUREGAN Hotel / apartments

Community

  • Community Name: Norwich

Heating & Cooling

  • Cooling Type: Individual Unit(s)
  • Heating Type: Baseboard, Electric

Utilities

  • Gas: Available
  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Brick
  • Amps: 400
  • Elevator: Yes
  • Elevator(s ): 1
  • Stories in Building: 5
  • Stories Description: 5
  • Square Feet: 18,228
  • Sq. Ft. Source: Town Records
  • Retail: 2,000 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Lot Size Source: Public Records
  • Potential Use: APARTMENT HOUSE
  • Zoning: CC, MF

Financial Considerations

  • Price Per Sq. Ft.: $8.5
  • Assessment Year: 2016
  • Assessment Amount: $76,600
  • Tax Amount: $3,758
  • Landlord Pays: Building Insurance, R.E. Taxes, Roof, Structure
  • Tenant Pays: Electric, Heat

Disclosures and Reports

  • Documents Avail.: Legal Description
  • Property ID: 2414875

Listed by BerkshireHathawayNEProperties, Norm Krayem
Sold by Shutters and Sails, LLC, Bonnie Nault

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26 Broadway, Norwich, CT 06360 (MLS# E10184646) is a Commercial property that was sold at $154,900 on June 13, 2017. Want to learn more about 26 Broadway? Do you have questions about finding other Commercial real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.

Listed by BerkshireHathawayNEProperties, Norm Krayem
Sold by Shutters and Sails, LLC, Bonnie Nault