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$411,000
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Property Description
Here is your chance to own an incredible two-family investment opportunity located in Norwich, CT. Situated on a combine total of 2.68 acres which includes 47 Gifford St. as well as 51 Gifford St. Both properties are being sold together. Unit A is a 1000 sq ft. home featuring two bedrooms and one full bath. This apartment has many updates including new kitchen, bath, flooring and mini split units. Unit B is a large 1500+ sq ft. apartment featuring two bedrooms and two baths. There is additional living space in the upper level not included in the square footage. The unit features a newly remodeled kitchen, bathroom, flooring and mini-split units. Both units include washer and dryer hookups in the unit. In addition, both current tenants are responsible for their own utilities. One of the highlights of this home is the massive 1500+sq.ft. garage with two newly installed 14 foot garage doors. The oversized garage features 16-foot ceilings and a depth of 41 feet, perfect for a large vehicles or equipment. It has been spray foam insulated for added efficiency. In addition, there is an office space attached, making this a great opportunity for someone to have work/ life balance all in one location. The exterior has a newer metal roof (10 yr), new siding, and oversized deck. In the back of the property is where you will find a 33.5 X 41 foot barn that has great potential. This home is centrally located to all major employers, casinos, & beaches.
Full Property Details
Full Property Details for 47 Gifford St
General
- Sold For: $411,000
- Taxes: (July 2024-June 2025)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24038437
- Added to Site: 565 day(s) ago
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: All Units Have Hook-Ups
Exterior
- Exterior Features: Porch, Barn, Deck
- Color: Gray
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 6
- Total Spaces: 9
- Parking: Attached Garage, Under House Garage, Off Street Parking, Driveway
Location
- County: New London
- Neighborhood: Cherry Hill
- Driving Directions: Coming from West Main St. direction, home is on left before large yellow house. Coming from North, GPS takes you to a field. Go past the field, home on right, right after yellow house. The home is between Green Briar Rd and Dudley St.
School Information
- Elementary School: Per Board of Ed
- High School: Norwich Free Academy
Community
- Community Name: Cherry Hill
Heating & Cooling
- Cooling Type: Central Air, Ductless, Split System, Wall Unit
- Heating Type: Heat Pump, Wall Unit, Electric
- Heating Fuel: Electric
- Water Heater: Electric, Domestic
Utilities
- Sewer: Septic
- Water: Public Water Connected
Structural Information
- Architectural Style: Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Partial, Garage Access, Walk-out
- Roof: Metal
- Attic: Yes
- Square Feet: 2,548
- Above Ground: 2,548 Sq. Ft.
- Year Built: 1968
Unit Information
Unit 1
- Square Feet: 1000
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 1548
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 2.68
- Driveway/Sidewalk: Private
- Zoning: R40
- Lot Description: Lightly Wooded, Level Lot
Green Features
- Energy Features: Extra Insulation
Financial Considerations
- Assessment Amount: $291,300
- Tax Year: July 2024-June 2025
Disclosures and Reports
- Property ID: 2024542
Listed and Sold by eXp Realty, Joyce Perlot
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Schools
Schools serving 47 Gifford St
School District:Norwich School District
| Name | Grades | Distance |
|---|---|---|
John B. Stanton School 386 New London Turnpike, Norwich, CT 06360 | PK-5 | 0.5 mi |
Teachers' Memorial Middle School 15 Teachers Drive, Norwich, CT 06360 | 6-8 | 0.5 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 47 Gifford St
Date
Details
Price
Change
Source
10/25/2024
Sold
$411,000
-6.57%
MLS
8/08/2024
Listed
$439,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
47 Gifford Street, Norwich, CT 06360 (MLS# 24038437) is a Multi-Family property that was sold at $411,000 on October 25, 2024. Want to learn more about 47 Gifford Street? 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.

