Strong investment opportunity in a prime Norwich location. This well-maintained 2-family property features separate utilities, making management simple and expenses predictable. Currently boasting 8+% Cap rare with room to increase rental income, this property presents an excellent value-add opportunity for investors seeking both immediate cash flow and long-term upside. Conveniently located near downtown Norwich, major employers, shopping, restaurants, and transportation routes, the property is well-positioned to benefit from the area's growing rental demand. Whether you're looking to expand your portfolio or purchase your first multifamily investment, this property offers strong income potential in a desirable rental market. Schedule your showing today.
|
DAYS ON MARKET
|
5
|
LAST UPDATED
|
6/17/2026
|
|
YEAR BUILT
|
1875
|
COUNTY
|
New London
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Wequonnoc |
| High School |
Norwich Free Academy |
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Water Heater |
| BASEMENT |
Full, Yes |
| CONSTRUCTION |
Asbestos, Frame |
| HEAT |
Hot Water, Oil |
| LOT |
0.3 acre(s) |
| LOT DESCRIPTION |
Waterfront |
| SEWER |
Public Sewer |
| STYLE |
Units are Side-by-Side |
| TAXES |
4612 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Water |
| WATER |
Public |
| WATERFRONT |
Yes |
| WATERFRONT DESCRIPTION |
River Front |
| ZONING |
MF |
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Listing courtesy of Byrnes Real Estate Company
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