16 Cedar Street Norwich, CT 06360

New London


  • $1,920Estimated Taxes
  • 1.88Acreage
  • MLS Number E269674
  • Acreage 1.88
  • Zoning Residential
  • Municipality Norwich
  • Sewer Public Sewer In Street
  • Water Public Water Available

Property Description For 16 Cedar Street Norwich, CT 06360

In Opportunity Zone. 1.88 Acre vacant parcel. Zoned MF (Multi-Family). 1 Unit per 5,000 SF = 16 Units. Excellent Development Opportunity for Townhomes, Apartments, Etc. Some City-owned abutting lots – Potential 3 Unit Increase Through Acquisition. Historic Downtown location. Excellent visibility. Public Water & Sewer. Frontage: Cedar St: 320 Ft; School St: 125 Ft; Fountain St: 375 Ft.
Listing presented by

Listing courtesy of Lyman Real Estate

Loan Type 5 Yr ARM 7 Yr ARM 15 Yr Fixed 30 Yr Fixed
Interest Rate 2.746% 2.961% 3.182% 4.221%
Monthly Mortgage Amount $245 $252 $420 $294
Monthly Mortgage Insurance $0 $0 $0 $0
Monthly Estimated RE Taxes $160 $160 $160 $160
Monthly Estimated Total $405 $412 $580 $454
Thoroughbred Mortgage

All information is from sources believed to be reliable and is subject to change of price, rental, commission or other conditions, prior sale, lease or financing or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footage are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics are reserved. Customer should consult with its counsel regarding closing costs. Nothing herein shall constitute an offer or solicitation with respect to the purchase or sale of any property in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make an offer or solicitation.