129 Summit Street

Norwich, CT 06360

$230,000
Price
4
Beds
2
Baths
1,700 Sq. Ft.
$135 / Sq. Ft.
1,700
Sq. Ft.
$135
per Sq. Ft.

Description

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...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!
  1. Listed by Leo Chomen • Signature Properties of NewEng
    P: (860) 447-8839 C: (860) 447-8839 leochomen@gmail.com
  2. Listed by Monica Obuchowski • Signature Properties of NewEng
    P: (860) 447-8839 C: (860) 334-7614 MonicaORealtor@gmail.com

Property Details for 129 Summit Street

Basement Description
Full, Full With Hatchway
Direct Waterfront
No
Garages Number
0
Neighborhood
Thamesville
Style
Units on different Floors
Garage Parking Info
None, Off Street Parking
Swimming Pool
No

Location

Listing Courtesy of Signature Properties of NewEng, Leo Chomen; Signature Properties of NewEng, Monica Obuchowski
Add your commute
LISTING UPDATED: 05/23/2024 01:58 PM

Property Details for 129 Summit Street

StatusUnder Contract
MLS #24017518
Days on Market7
Taxes$3,770 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1870
Lot Size0.20 AC / 8,712 SF
CountyNew London County

Location

Listing Courtesy of Signature Properties of NewEng, Leo Chomen; Signature Properties of NewEng, Monica Obuchowski
Add your commute

Building Information for 129 Summit Street

Stories-Residences2Year Built1870Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$1,569 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,255

Property Taxes

$314

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 129 Summit Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Route 82 to Mechanic Street to Mopsic to Summit
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Norwich Free Academy
  • Latitude: 41.518236
  • Longitude: -72.083525
  • Neighborhood Amenities: Commuter Bus, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall
  • State: Connecticut
Parking
  • Parking Total Spaces: 4
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $3,770
Interior and Exterior Features
Exterior Features
  • Exterior Features: Gutters
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Unfinished, Access Via Hatch
  • Cooling System: None
  • Heat Type: Baseboard
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: Hook-Up In Unit 1
  • Rooms Total: 9
Property
Property and Assessments
  • Color: beige
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1870
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 1700
Lot Information
  • Lot Description: Level Lot
  • Parcel Number: 2031533
  • Sq Ft Est Heated Above Grade: 1700.0
  • Sq Ft Total: 1700.0
  • Zoning: MF
Utilities
  • Energy Features: Thermopane Windows
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric, 30 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Income: 22440
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 9
Unit 1
  • Lease: Monthly
  • Listing Key: 185C4A6138E3B0C9E0631401100A0949
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 900
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 05-23-2024
  • Unit Monthly Rent: $875
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 5
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Listing Key: 185C4A6138E3B0C9E0631401100A0949
  • Unit Appliances: Oven/Range,Refrigerator
  • Unit Average Sq Ft: 800
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 05-23-2024
  • Unit Monthly Rent: $995
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Property History for 129 Summit Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 129 Summit Street

Taxable ValueLand$24,900Additions$52,600Total$77,500
Tax Record2023$3,770 ($314 / month)
Home Facts
Baths2Total Finished SqFt1,700 SqFtAbove Grade Finished SqFt1,700 SqFtUnfinished Basement SqFt520 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1870ZoningMFCountyNEW LONDONAPNNORW M:109 B:3 L:41

Schools near 129 Summit Street

This home is within Norwich School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - K to 2
Public - K to 5
Rating
School
Distance
Uncas Elementary School
PublicK to 5

Teachers' Memorial Middle School
Public6 to 8

Irs Program At Moriarty
PublicK to 2

Aba Autism Program
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Signature Properties of NewEng, Leo Chomen; Signature Properties of NewEng, Monica Obuchowski

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.