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16 Elm Street, 
Norwich, NY 13815

$925,000


6

Beds


2

Baths


3,200

Sq Ft


Multi-Family

Active

Listed by

Kevin D. Walsh

Keller Williams Upstate Ny Properties

607-336-3636

Last updated:

October 31, 2026, 08:36 PM

MLS#

R1724460

Source:

NY GENRIS

About This Home

16 Elm Street

Well established investor portfolio with strong occupancy and income history. This offering includes seven residential properties Norwich, NY with a total of 11 units - four 2-unit multi-families and three single family residences. The portfolio has also maintained very low vacancy and generates $147,600 in annual gross rental income, with net income of $84,300 (total expenses including 15% factor for Maintenance/Reserve/Vacancy). At a projected 9.12% capitalization rate it offers substantial current income along with potential to improve performance through property updates and future rent growth, or disposition of single family homes at a higher value than an investor rate may support. Property conditions are generally average, with some deferred maintenance presenting opportunities for an investor to add value. Each property is located within walking distance of local employers and everyday amenities, supporting continued rental demand. For a buyer seeking to expand an existing portfolio or acquire multiple income-producing properties in one transaction, this package merits a closer look.

Home Facts

Multi-Family

2 Baths

6 Bedrooms

Built in 1890

Price Summary

925,000

$289 per Sq. Ft.

MLS #:

R1724460

Last Updated:

October 31, 2026, 08:36 PM

Added:

12 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

3,200 Sq. Ft.


Structure

Structure

Building Area:

3,200 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

3,485


Finances & Disclosures

Finances

Price:

$925,000

Price per Sq. Ft:

$289 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance Of Mlss is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New York State Alliance Of Mlss All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.