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29 Mitchell Street, Norwich, NY 13815

Norwich
Local realty services provided by:CENTURY 21 Galloway Realty
29 Mitchell Street,Norwich, NY 13815
$62,000
  • 2 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: michael arcuri
Office: assist2sell buyers & sellers 1st choice
MLS#:S1663294
Source:NY_GENRIS

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Price summary

  • Price:$62,000

About this home

CASH INVESTORS — VALUE-ADD 3-UNIT OPPORTUNITY PRICED TO MOVE. 29 Mitchell Street is a true repositioning play in the City of Norwich. Offered at just $69,900, this 1,882 sq ft triplex (studio + two 1BR units) sits on a .23-acre lot and presents significant upside for investors looking to renovate, stabilize, and drive cash flow. Major mechanical already in place with newer boiler (approx. 1 year old). Public water/sewer. Updated porches (new railings and steps). Attached rear shed for additional storage. Property currently vacant with heat and water shut off — clean slate for full value-add execution. Strong rental demand in the area. Post-renovation projected rents estimated at approximately: • Studio: $700–$800/month • 1BR Units: $850–$950/month each Projected gross monthly income: $2,400+ Projected annual gross: $28,000+ At stabilization, this asset has the potential to generate strong cash-on-cash returns at this entry price point. Sold AS-IS. Cash or rehab financing...

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Home facts

  • Year built:1900
  • Listing ID #:S1663294
  • Added:95 day(s) ago
  • Updated:May 30, 2026 at 06:40 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full

Heating and cooling

  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Lot Features:Rectangular, Residential Lot
  • Architectural Style:Triplex
  • Exterior Features:Fence, Porch
  • Foundation Description:Stone

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$62,000
  • Tax amount:$2,834

Features and amenities

  • Laundry features:Electric Water Heater
  • Amenities:Fence

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