23 days on rocket

Backup Offers

526 Canterbury Tpke, Norwich, CT, 06360

$750,000

Home List Price

$8,906*

Closing Credit

12 Bedrooms
4 Full Baths
4,293 SqFt
$175/SqFt
Multi

Location

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526 Canterbury Tpke, Norwich$750,000

Buyer Closing Credits

$8,906*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone, Off Street Parking, Assigned Parking, Unpaved
Year Built2022
HeatingHeat Pump, Forced Air, Other, Zoned
CoolingCentral Air, Ductless, Split System, Wall Unit(s)
BasementYes
ViewTrees/Woods
MLS #24056430
Lot Size7.31 Acres
StatusAccepting Backup Offers
(Under Contract - Continue to Show)

About 526 Canterbury Tpke

A unique chance to acquire a four-family residence in the tranquil Norwich, CT, generating over 90k a year, is now available. This property underwent a complete renovation in 2022 and occupies 2.37 acres. It features four units, each with three bedrooms, one-bathroom. All of the units are feature stainless steel appliances, granite countertops, energy-efficient, electric mini-splits for heating and cooling, and semi-private decks, among other amenities. In addition, there is a coin-op laundry room on premise for additional income. All units have individual electric meters. New sewer line from home to street recently installed. The property generates an annual gross income exceeding $90,000 and has the potential for subdivision into additional building lots. Included in the sale is an extra 4.94-acre lot at 514 Canterbury Turnpike, encompassing Topliff Drive with access to Old Canterbury Turnpike. Taxes, assessed value, and acreage reflect the combination of 526 and 514 Canterbury tpke. Also listing in a portfolio with adjoining multifamily MLS 24042939

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Living Area: 4,293 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (866) 828-3951
  • Listing Agent: Joyce Perlot

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods

Parking Information:

  • Attached Garage: No
  • Parking: None, Off Street Parking, Assigned Parking, Unpaved

Lot Features

Lot Information:

  • Lot: Wooded, Level
  • Lot Size: 7.31 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Forced Air, Other, Zoned
  • Cooling: Central Air, Ductless, Split System, Wall Unit(s)

Other

Directions Information:

  • Directions: Coming from Occum: Home is on the right., keep driving past the home and the two following homes. Turn right on Topliff Dr. Tur right behind homes and follow until you reach blue house w orange doors.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $6,196
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Norwich, CT.

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Norwich, CT

City

Med. Sold Price

$252K

Med. Price/SqFt

$174

# of Sold Homes

51

526 Canterbury Tpke vs Norwich

23 DAYS ON ROCKET

$750,000

+$498K More

$175/SqFt

+$1 More

KEY TAKEAWAY

This property is $498K more than the Median Sold Price and $1/SqFt more than other homes in Norwich, CT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24056430

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (866) 828-3951
  • Listing Agent: Joyce Perlot

IDXCopyright © 2024 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 08, 1996Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,196$146,300
2020$6,200$146,300
2019$5,946$146,300
2018$5,357$129,200
2017$5,255$129,200

History based on county public records data.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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NMLS#3030

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.

Nearby Schools

school-card-donut-188643
3
/10

  • Moriarty Magnet School

  • 20 Lawler Ln

  • 1.59 miles

  • Public Magnet Grades KG-5

school-card-donut-188644
3
/10

  • Wequonnoc Magnet School

  • 155 Providence St

  • 1.67 miles

  • Public Magnet Grades KG-5

school-card-donut-188645
4
/10

  • Griswold Elementary School

  • 303 Slater Ave

  • 3.80 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,896. The most common annual income of people living in Norwich, CT is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Connecticut›New London County›Norwich›06360›526 Canterbury Tpke

This home is located at 526 Canterbury Tpke in Norwich, CT and zip code 06360. This 4,293 square foot home, which was built in 2022, sits on a 7.31 acre lot. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $750,000.

While more than 27 listings in Norwich, CT in October 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 16 were sold below. The inventory of homes for sale in Norwich, CT between September 2024 and October 2024 increased by 3.1%.

From Rocket Homes Real Estate and based on county public records data.

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