29 Mitchell Street, Norwich, NY 13815
Local realty services provided by:ERA Team VP Real Estate
Listed by: michael arcuri
Office: assist2sell buyers & sellers 1st choice
MLS#:S1663294
Source:NY_GENRIS
Price summary
- Price:$69,900
- Price per sq. ft.:$37.14
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 only. Escrow deposit due within 24–48 hours of accepted offer. Bring your contractor, run your numbers, and move quickly — opportunities at this price don’t last....
Contact an agent
Home facts
- Year built:1900
- Listing ID #:S1663294
- Added:46 day(s) ago
- Updated:April 11, 2026 at 07:34 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Hardwood, Varies, Vinyl
- Basement:Yes
- Basement Description:Full
- Living area:1,882 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1900
- Building area:1,882 sq. ft.
- Lot area:0.23 Acres
- 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:$69,900
- Price per sq. ft.:$37.14
- Tax amount:$2,834
Features and amenities
- Laundry features:Electric Water Heater
- Amenities:Fence
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