Rare opportunity to acquire a 14-unit multifamily portfolio consisting of two nearby 7-unitproperties located at 202 Broadway and 7-9 Broad Street in Norwich, Connecticut. Offering immediate scale, diversified unit mix, and significant rental upside, this package is ideal for investors seeking a larger multifamily acquisition with strong in-place cashflow and a clear path to value creation. The portfolio consists of a mix of 2-bedroom, 1-bedroom, and studio apartments that appeal to a broad tenant base while providing diversification across unit types. Both properties are fully occupied and benefit from off-street parking, public utilities, and strong occupancy history. Located in one of New London County's most sought-after residential neighborhoods, the portfolio benefits from strong tenant demand, attractive surrounding housing stock, and convenient access to downtown Norwich, healthcare facilities, shopping, restaurants, and major transportation corridors.
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DAYS ON MARKET
|
1
|
LAST UPDATED
|
6/5/2026
|
|
YEAR BUILT
|
1820
|
COUNTY
|
New London
|
|
STATUS
|
Active
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PROPERTY TYPE(S)
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Multi Family
|
| Elementary School |
Per Board of Ed |
| High School |
Per Board of Ed |
| AIR |
None |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Frame, Vinyl Siding |
| LOT |
0.39 acre(s) |
| LOT DESCRIPTION |
Level |
| SEWER |
Public Sewer |
| STYLE |
Units on different Floors |
| TAXES |
10660 |
| WATER |
Public |
| ZONING |
MF |
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Listing courtesy of VC Property Group, LLC
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This IDX solution is (c) Diverse Solutions 2026.
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