28 Eaton Avenue, Norwich, NY 13815

Pending

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Property Description

Strategically positioned investment opportunity offering three viable exit strategies: permitted short-term rental, premium single-family residence, or future multi-family conversion. A short-term rental permit is already in place and conveys with the property, allowing immediate Airbnb/VRBO use subject to local regulations. A detailed investment prospectus is attached outlining strategy, comps, and long-term positioning. This 2-story home offers approximately 1,508 sq ft of flexible living space with a layout that supports multiple guest or tenant configurations, including a first-floor bedroom, first-floor laundry, office, and additional rooms suitable for expanded use. The second floor is already equipped with infrastructure that may support a future kitchenette, allowing for low-cost duplex-style conversion, subject to buyer due diligence. Recent capital improvements significantly reduce near- and mid-term ownership risk and support durable cash flow, including a metal roof, brand-new gas furnace with supplemental gas backup heater, Jacuzzi-brand tankless hot water system with an additional 40-gallon backup tank, and fiber optic cabling for reliable high-speed internet-an essential amenity for STR and mid-term rental demand. Both bathrooms have been fully renovated, including one with a Bath Fitter tub and shower system designed for durability and low maintenance. The country kitchen features high-end Merillat Masterpiece cabinetry and stainless steel appliances, including a dual oven with air-fryer functionality, high-efficiency refrigerator, and GE Profile one-step washer/dryer unit, supporting turnkey operation. Interior French doors enhance flow. Exterior improvements include a renovated front porch, new vinyl fencing enclosing the backyard, and attractive seasonal landscaping. Additional features include public water and sewer, gas forced-air heat, blacktop driveway, detached one-car garage, and negotiable furniture and furnishings. Centrally located near downtown Norwich amenities, medical facilities, and regional attractions driving year-round lodging demand. Investors are encouraged to review the attached prospectus.

28 Eaton Avenue | MLS# S1659586

This single family home located at 28 Eaton Avenue, Norwich, NY 13815 is currently listed for sale with an asking price of $159,000. This property was built in 1890 and has 3 bedrooms and 2 full baths with 1508 sq. ft. Eaton Avenue is located within the Norwich school district. Search Norwich real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Residential - Single Family
Basement: DirtFloor, Full
Fenced: Yes
Garage: 1
Heating: Gas, ForcedAir
Home Style: TwoStory
Lot Size: 0.08 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $3,223
Year Built: 1890

Amenities

CeilingFans
SeparateFormalLivingRoom
HomeOffice
CountryKitchen
NaturalWoodwork
BedroomOnMainLevel
ConvertibleBedroom
BlacktopDriveway
FullyFenced

Feature Descriptions

Appliances: Dryer, Dishwasher, GasOven, GasRange, GasWaterHeater, Refrigerator, SeeRemarks, TanklessWaterHeater, WaterHeater, Washer
Days on Site: 35
Exterior: VinylSiding
Fencing: Full
Flooring: LuxuryVinyl, Varies, Vinyl
Laundry: MainLevel
Lot: Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 41X86
Parcel#: 081100-136-640-0002-001-000-0000
Parking: Carport
Parking Notes: Carport
Patio/Porch: Covered, Porch
Sewer: Connected
Utilities: CableAvailable, ElectricityConnected, HighSpeedInternetAvailable, SewerConnected, WaterConnected
Water: Connected, Public
Window: ThermalWindows

Local Schools

School District: Norwich

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Estimated Payment

$ 668.82 per month $353.87 Principal & Interest $268.58 Property Tax $46.38 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Assist2Sell Buyers & Sellers 1st Choice
Agency Phone: 315-735-9244

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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