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!
Property Details
Property Features
Property Information:
Year Built: 1870
Living Area: 1,700 SqFt
Listing Office:
Office Name: Signature Properties of NewEng
Office Phone: (860) 447-8839
Listing Agent: Leo Chomen
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Gutters
Parking Information:
Attached Garage: No
Parking: None, Off Street Parking
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.20 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
School Info
Assigned Schools Information:
Uncas School, Public District Grades KG-5
Other
Directions Information:
Directions: Route 82 to Mechanic Street to Mopsic to Summit
Price Information
Listing Price Info
Price Summary:
List Price: $230,000
Price Per SqFt: $135/SqFt
Tax Information:
Annual Amount: $3,770
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Uncas School
280 Elizabeth St Extensi
Distance between this listing and this school0.74 miles
Public District Grades KG-5
Assigned Schools
4
/10
Uncas School
280 Elizabeth St Extensi
Distance between this listing and this school0.74 miles
Public District Grades KG-5
Nearby Schools
4
/10
John B. Stanton School
386 New London Tpke
Distance between this listing and this school1.06 miles
Public District Grades PK-5
4
/10
Veterans' Memorial School
80 Crouch Ave
Distance between this listing and this school1.16 miles
Public District Grades KG-5
Nearby Schools
5
/10
Integrated Day Charter School
68 Thermos Ave
Distance between this listing and this school0.61 miles
Public Charter Grades PK-8
3
/10
Teachers' Memorial Middle School
15 Teachers Dr
Distance between this listing and this school1.08 miles
Public District Grades 6-8
3
/10
Kelly Middle School
25 Mahan Dr
Distance between this listing and this school2.23 miles
Public District Grades 6-8
Nearby Schools
9
/10
Three Rivers Middle College Magnet School
574 New London Tpke
Distance between this listing and this school1.23 miles
Public Magnet Grades 11-12
7
/10
Norwich Technical High School
590 New London Tpke
Distance between this listing and this school1.27 miles
Public District Grades 9-12
3
/10
Norwich Free Academy
305 Broadway
Distance between this listing and this school1.30 miles
The neighbors living near this home have an average income of $43,964. Typical income of Norwich, CT residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 129 Summit St in Norwich, CT and zip code 06360. This 1,700 square foot home, which was built in 1870, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $230,000.
While more than 30 listings in Norwich, CT in May 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 9 were sold below. In May 2024 in Norwich, CT there were 2.1% less homes for sale than in April 2024.
From Rocket Homes Real Estate and based on county public records data.