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50 Palmer St
Norwich, CT 06360
Ledgeview Apartments · Multifamily Property For Sale · 50 Units
PROPERTY FACTS
| No. Units | 50 | Building Size | 93,174 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1968 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 10.34 AC |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 10.34 AC |
| Building Size | 93,174 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.29/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Laundry Service
About 50 Palmer St , Norwich, CT 06360
This property is on over 7 acres and is centrally located in a private and beautiful area with downtown Norwich only a mile away. This property has 50 units which consists of studios, 1br, 2br, and 3br. The property underwent a complete renovation in 2007 including: new kitchens, bathrooms, windows and utility units In 2013 new roof was replace (57,000 SF) rubber roof.There is also an onsite laundry facility and picnic area which is owned and operated by the owner. There is also the option of adding more units and converting to condo units in the future. This property has been newly renovated in 2006 with new roofing, siding, flooring, kitchen, bathrooms, heating and cooling systems, plumbing, and electric. This is a great opportunity, in a great area only 2 miles away from Mohegan Sun Casino. This is centrally located. Norwich has easy access to I-395 North to Providence and South to New Haven as well as to Route 2 East to Hartford. This property is located a mile from the downtown area, and only a couple miles from Mohegan Sun Casino. Norwich, known as "The Rose of New England", is a city in New London County, Connecticut, United States. The population was 40,493 at the 2010 United States Census. Three rivers, the Yantic, the Shetucket, and the Quinebaug, flow into the city and form its harbor, from which the Thames River flows south to Long Island Sound.
PROPERTY TAXES
| Parcel Number | NORW-000103-000002-000031 | Improvements Assessment | $2,687,700 |
| Land Assessment | $700,000 | Total Assessment | $3,387,700 |
PROPERTY TAXES
zoning
| Zoning Code | MF8 (Allows for a second level, condos, motel, hotel, and many more. There is also a 3.5Acre parcel that is being sold separately for 300k w/o approvals) |
| MF8 (Allows for a second level, condos, motel, hotel, and many more. There is also a 3.5Acre parcel that is being sold separately for 300k w/o approvals) |
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