Nicholas Falcone
Licensed Real Estate Salesperson
REALTOR®
Stamford, NY
Office: (607) 652-2220 (631) 384-1507

29 Mitchell Street, Norwich, NY 13815

Pending

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Property Description

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.

29 Mitchell Street | MLS# S1663294

This multi-family property located at 29 Mitchell Street, Norwich, NY 13815 is currently listed for sale with an asking price of $69,900. Mitchell Street is located within the Norwich school district. Search Norwich real estate on nicholas-falcone.timberlandproperties.com today.

Gallery

Property Features

Property Type: Multi Unit - Multiple
Basement: Dirt Floor, Full
Heating: Gas, Hot Water
Home Style: Triplex
Lot Size: 0.23 Acres
Roof Type: Asphalt, Shingle
Stories: 1.0
Taxes: $2,834
Year Built: 1900

Amenities

Fence

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 8
Exterior: Aluminum Siding
Fencing: Partial
Flooring: Hardwood, Varies, Vinyl
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 51X198
Parcel#: 081100-136-410-0001-018-000-0000
Parking: Two or More Spaces
Parking Notes: Two or More Spaces
Patio/Porch: Covered, Porch
Sewer: Connected
Units: 3
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Norwich

Estimate Your Payment

Estimated Payment

$ 412.12 per month $155.57 Principal & Interest $236.17 Property Tax $20.39 Homeowner's Insurance

Change Payment Information

%
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

Agent Name: Nicholas Falcone
Agent Phone: (631) 384-1507
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 1:11:38 AM EST) or Global MLS (last updated Tue 03/03/2026 1:06:55 AM EST) or New York State Alliance MLS (last updated Tue 03/03/2026 1:10:29 AM EST) or Hudson Valley Catskill Region MLS (last updated Tue 03/03/2026 12:11:14 AM EST) or OneKey MLS (last updated Tue 03/03/2026 1:10:05 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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