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431 Laurel Hill, Norwich, CT 06360
   
431 Laurel Hill, Norwich, CT 06360
INDUS,INVEST,OFFICE,OTHER | Automotive Repair | 1,302 Sqft

$599,900
21 Days on Market - Active


Turn key automotive business opportunity including the real estate and all contents. currently only servicing repairs and tire replacement but was once a thriving car sales dealership and would also be a great location for car rentals. the business includes two tire machines, two lifts, all mechanic tools, inventory of all brand new and used tires, computers and software, security camera and much more. current business has been established for 6 years and honored with a 4.8 star rating on google reviews. a lot more life and great potential for an investor or owner occupied buyer.

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Details
  • 1 Units
  • 0.29 Acres
  • Built in 1946

Sqft
  • 1302 Total Sqft

Parking
  • 50 Total Spaces

Location
  • Level Lot
  • 115 Frontage
  • TOWN

Business

    Financials
    • $400,000 Gross Income
    • $200,000 Net Income
    • $200,000 Expenses

    Utilities
    • Hot Air
    • Electric, Propane
    • Public Water
    • Public Sewers

    Taxes
    • $90,300 Assessment
    • 41.85 Mill Rate
    • $4,392 Taxes

    Source
    • CT Smart MLS
    • MLS ID 24017189

    Real Estate Agent


    Map of 431 Laurel Hill, Norwich, CT 06360

    Directions to 431 Laurel Hill, Norwich, CT 06360


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 6.87%   |   Purchase: $599,900   |   Downpayment @ 3.50%: $20,997

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $4,167


    Monthly Cost Estimate: $4,167
    • Mortgage: $3,801
    • Taxes: $366
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $50,005
    • Mortgage: $45,613
    • Taxes: $4,392
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $1,521,135
    • Mortgage: $1,368,378
    • Taxes: $131,760
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $20,997

    Go To Mortgage Calculator

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    This real estate listing for sale at 431 Laurel Hill is presently used as with 1302 total sqft and was built in 1946. It is located in the Norwich, CT area with the 06360 zip code. For more info about the property at 431 Laurel Hill, Norwich, CT 06360 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. 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. Copyright 2021 SmartMLS, Inc.