Great investment opportunity to acquire a 4 Family with (3) vacant units in rent-ready condition. The vacant units provide an immediate opportunity to attain full market rents out of the gate. The property consists of (4) 2 bedroom units with tenant paid gas and electric utilities. Upon renting the vacant units, this property will yield a fully burdened 20% ROI. Don't miss out on this RARE opportunity to acquire a multifamily property and immediately boost your net cash flow close to $2,000/month. This property can be packaged with (4) other multifamily properties in Norwich for a total of 19 units.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
11/4/2025
|
|
YEAR BUILT
|
1875
|
COUNTY
|
New London
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Per Board of Ed |
| High School |
Per Board of Ed |
| AIR |
None |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Clapboard, Frame |
| HEAT |
Baseboard, Electric |
| LOT |
6970 sq ft |
| LOT DESCRIPTION |
Level |
| PARKING |
None |
| SEWER |
Public Sewer |
| STYLE |
4sides - Units Are Side-by-Side |
| TAXES |
6085 |
| WATER |
Public |
| ZONING |
Mf/R10 |
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Listing courtesy of VC Property Group, LLC
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