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29 Mitchell Street, 
Norwich, NY 13815

$62,000


2

Beds


3

Baths


1,882

Sq Ft


Multi-Family

Sold

Listed by

Michael Arcuri

Bought with Keller Williams Upstate NY Properties

Assist2sell Buyers & Sellers 1st Choice

315-735-9244

MLS#

S1663294

Source:

NY GENRIS

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About This Home

29 Mitchell Street

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.

Home Facts

Multi-Family

3 Baths

2 Bedrooms

Built in 1900

Price Summary

69,900

$37 per Sq. Ft.

MLS #:

S1663294

Sold:

May 7, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,882 Sq. Ft.


Structure

Structure

Architectural Style:

Triplex

Building Area:

1,882 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

10,019


Finances & Disclosures

Finances

Price:

$69,900

Price per Sq. Ft:

$37 per Sq. Ft.

Source:NY GENRIS
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