29 Sheas Lane, Taftville, CT 06380

Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
29 Sheas Lane,Norwich, CT 06380
$450,000
Virtual Tour
  • 6 Beds
  • 3 Baths
  • 3,327 sq. ft.
  • Multi-family
  • Active
Listed by:gregory hanner
Office:garden realty
MLS#:24128739
Source:CT

Price summary

  • Price:$450,000
  • Price per sq. ft.:$135.26

About this home

Opportunity knocks! This fully occupied 3-family home on 1.19 acres features a rural feel, thanks to its expansive front yard and buildings set back from the road. Despite its rural ambiance, it offers urban conveniences and presents strong income potential. The 3D tour shows the exterior of the property. Each apartment includes 2 Bedrooms, in-unit laundry hookups, and separate utilities. Two units are located on the ground floor, and all tenants are long-term, with month-to-month agreements. The 2nd-floor tenant is actively planning to purchase, creating the possibility for an owner-occupant Buyer to step in. A detached 4-Car Garage plus a 2-Car Carport adds rental income, and there is abundant off-street parking. Recent updates include a brand-new main house roof and a 5-year-old garage roof. Landlord covers water, sewer, snow removal, and yard maintenance. The current gross monthly income is $3,190, with market rents projected to be higher. The current Cap rate is 4.6%, and it

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Home facts

  • Year built:1930
  • Listing ID #:24128739
  • Added:3 day(s) ago
  • Updated:September 28, 2025 at 07:41 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,327 sq. ft.

Heating and cooling

  • Heating:Hot Air, Hot Water

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1930
  • Building area:3,327 sq. ft.
  • Lot area:1.19 Acres

Schools

  • High school:Norwich Free Academy
  • Elementary school:Wequonnoc

Utilities

  • Water:Private Well

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$135.26
  • Tax amount:$8,173 (July 2025-June 2026)
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