39 Hobart Avenue, Norwich, CT 06360 - Photo 1

1/1

$245,000

Sold
Closed
Multi-Family
7 Total Beds

1/1

Property Description

Investors and Owner occupied buyers, check out this incredible opportunity to own an income-producing 2 family. This property was remodeled from top to bottom from the roof, to the soffits to the electrical, plumbing, flooring, bathrooms, and kitchens. To make things better, everything was done up to code with the town of Norwich and passed all inspections. There is a new owner's electric meter as well. The first floor offers 4 bedrooms, a laundry room, a spacious living room, a kitchen, and a bathroom. This unit is tenant occupied and is renting for $1,830 monthly (not a typo) with a lease until June 2023. The 2nd-floor unit is soon to be rented and the owners are projecting an income of $1,500 monthly for this unit. The 2nd-floor unit offers 3 bedrooms, a laundry room, a kitchen, and a bathroom - all recently remodeled with new appliances. This unit has a new washer and dryer as well.

Full Property Details

Full Property Details for 39 Hobart Ave

General

Sold For: $245,000
Taxes: $4,465 (July 2022-June 2023)
Status: Closed
Type: Multi-Family
Source: SMARTMLS
MLS ID: 170536134
Added to Site: 1, 158 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 7

Exterior

Exterior Features: Gutters, Shed, Sidewalk
Color: White

Parking

Parking: On Street Parking
Garage Description: On Street Parking

Location

County: New London
Driving Directions: GPS Friendly.

School Information

Elementary School: Per Board of Ed
High School: Per Board of Ed

Heating & Cooling

Cooling Type: Window Unit
Heating Type: Baseboard, Electric
Heating Fuel: Electric
Water Heater: 50 Gallon Tank, Electric

Utilities

Sewer: Public Sewer Connected
Water: Public Water Connected

Structural Information

Architectural Style: Units on different Floors
Construction Status: No/Resale
Exterior Const.: Frame, Aluminum
Basement Desc.: Full, Full With Hatchway, Unfinished, Concrete Floor, Storage
Roof: Asphalt Shingle
Attic: Yes
Square Feet: 2,816
Year Built: 1870

Unit Information

Unit 1

Square Feet: 1400
Total Bathrooms: 1
Bedrooms: 4

Unit 2

Square Feet: 1400
Total Bathrooms: 1
Bedrooms: 3

Lot Features

Lot Size (Acres): 0.06
Zoning: MF
Lot Description: Corner Lot, Level Lot

Green Features

Energy Features: Energy Star Rated

Financial Considerations

Assessment Amount: $92,100
Tax Amount: $4,465
Tax Year: July 2022-June 2023

Disclosures and Reports

Property ID: 2415321

Listed by Dave Jones Realty, LLC, Vik Khandai
Sold by Myers Realty Group LLC, Leonie Myers

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Listing agent

— 39 Hobart Ave —

Vik Khandai

Dave Jones Realty, LLC

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Schools

Schools serving 39 Hobart Ave

School District:Norwich School District

Name	Grades	Distance
Veterans' Memorial School 80 Crouch Avenue, Norwich, CT 06360	K-5	1.6 mi
Kelly Middle School 25 Mahan Drive, Norwich, CT 06360	6-8	1.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 39 Hobart Ave

Date

Details

Price

Change

Source

1/17/2023

Sold

$245,000

-8.92%

MLS

11/14/2022

Listed

$269,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Sq. Ft.

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Beds
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Total Bath
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Sq. Ft.

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Beds
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Total Baths
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$245,000

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Multi-Family
Closed

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Total Beds

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Total Beds

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Closed

3
Beds
2
Total Baths
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39 Hobart Avenue, Norwich, CT 06360 (MLS# 170536134) is a Multi-Family property that was sold at $245,000 on January 17, 2023. Want to learn more about 39 Hobart Avenue? Do you have questions about finding other Multi-Family real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.

39 Hobart Ave Norwich, CT 06360