Smart MLS #24064446
651 Norwich Rd,
Plainfield, CT 06374
For Sale
Multi-Family Home$1,910,000
20 Units · 18600 Sqft
Attention developers and investors! rare opportunity to acquire a former school building and convert it into a multifamily complex or condominiums. 18,600sf plus just under 9,000sf of finished basement space with abundant natural light. average classrooms range from 600-800 sq. ft. otis elevator, extensive ada-compliant bathrooms, and ramps. equipped with a natural gas boiler, central heat, hot water baseboard, newer windows and central air conditioning. approx. 100 parking spaces 2.5-acre level lot with room to add garages for additional storage sprinkler system, fire alarm and burglar alarm systems in place. 20 minutes from foxwoods and mohegan sun, two of the largest entertainment destinations in the region. only 2 minutes from i-395 this property is poised for significant appreciation with its high potential for redevelopment. whether you're looking to create modern apartments, luxury condominiums, or a combination of both, the possibilities are endless. the current infrastructure and accessibility features are already in place, reducing the need for extensive upgrades. this is a once-in-a-lifetime opportunity to invest in a property with incredible upside potential. interested buyers are encouraged to conduct their own diligence to verify all details and ensure this investment aligns with their vision.
Map
Listing
Market Stats
- List $1,910,000
- 103 Days on Market
Real Estate Agent
Details
Building
- Built 1927
- 20 Units
- 5 Beds
- 1.00 Baths
- 0 Fireplaces
- Full Basement
Sqft
- 18600 Total Sqft
Lot / Land
- 2.50 Acres
- 900 Neighborhood
- Level Lot
Utilities
- Hot Water
- Natural Gas
- Central Air
- Public Water
- Public Sewers
Taxes
- Assessment $1,595,880
- Mill Rate 20.90
- Taxes $33,000
- Parcel Num 1701872
Schools
Elementary
- Per Board of Ed
High
- Per Board of Ed
Mortgage Calculator
- 30yr Fixed-Rate Loan
- 6.83% Interest
- Purchase Price $1,910,000
- Down Payment $382,000 (20.00%)
Estimated Payment with
30yr Fixed Rate Mortgage
30yr Fixed Rate Mortgage
Monthly
$12,742
$12,742
Monthly Est. $12,742
Yearly Est. $152,904
30yr Est. $4,587,109
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This real estate listing for sale at 651 Norwich Rd has 5 bedrooms, 1.00 bathrooms, and was built in 1927. It is located in the Plainfield, Connecticut area with the 06374 zip code. For more info about the property at 651 Norwich Rd, Plainfield, CT 06374 United States or if you would like to schedule a showing, please contact the listing agent above.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:02:11. 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.
Disclaimer: This data was sourced from Smart MLS and was last updated 2025-03-28 12:02:11. 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.