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119 Williams St

Norwich CT 06360

8
4
2
2964 sq. ft.
0.23 ac.
Duplex
Currently for sale - view listing

Overview

Vacant three-family investment opportunity offering two three-bedroom units and one two-bedroom unit, providing a total of eight bedrooms plus bonus rooms across approximately 2,964 square feet. With all three units currently vacant, a new owner has the flexibility to establish new leases and implement their preferred management strategy from day one. Once fully leased this asset will yield a 22% cash on cash return at full ask. Built in 1870 and situated on approximately 0.23 acres, this property offers public water/sewer, electric/gas heat and hot water, city trash pickup and 1:1 parking.

Features

8 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
2964 sq. ft. floor area
0.23 ac. lot size
Duplex

Property history for 119 Williams St

2021
Sold
$170,000
05 Mar 2021 by Tia McCloskey
2019
Sold
$173,000
28 Feb 2019
2014
Sold
$80,500
30 May 2014 by Martha Poole, of Berkshire Hathaway NE Prop.

Happy sellers in Norwich

90%
90% of sellers in Norwich reported that their sale price either exceeded or met their price expectations.

Norwich stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Norwich over the last 12 months.

Local market activity for 8 bedroom duplexes in Norwich

In the last 12 months, 6 eight-bedroom duplexes similar to 119 Williams St, have been sold.

This represents a 38% increase in eight-bedroom duplexes sales when compared to the previous 12 months.

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