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Property Description
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 (5) other multifamily properties in Norwich for a total of 21 units.
Features
Heating System:
Baseboard
Cooling System:
No
Basement:
Full
Foundation Type:
Masonry
Heat Fuel Type:
Electric
Exterior Siding:
Clapboard
Fireplaces Total:
0
Parking Total Spaces:
0
Hot Water Description:
50 Gallon Tank
Lot Description:
Level Lot
Water Source:
Public Water Connected
Address Map
Street:
A
Street Number:
18
Floor Number:
0
Longitude:
W73° 56′ 58.8”
Latitude:
N41° 34′ 8.1”
Street Dir Prefix:
North
MLS Addon
Office Name:
VC Property Group, LLC
Agent Name:
Connor Wenchell
List Agent MLSID:
843821
List Office MLSID:
13981
Tax Year:
July 2025-June 2026
Directions:
GPS
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
HOA Fee Amount:
$0
Parcel Number:
2030558
Property Tax:
$6,085
Zoning:
Mf/R10

Multi-family For Sale

18 A, Norwich, 06380

8 Bedrooms
4 Bathrooms
2,254 Sqft
$450,000
Listing ID #24137205
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24137205
Price :
$450,000
Bedrooms :
8
Baths Total :
4
Bathrooms :
4
Half Bathrooms :
0
Square Footage :
2,254 Sqft
Year Built :
1875
Lot Area :
0.16 Acre
City:
Norwich
Zipcode:
06380
Property Sub Type :
4 Family
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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A full-time agent with RE/MAX for 17 years. Marketing Business Degree WCSU. Volunteer Danbury Hospital. RE/MAX Executive Club. Read More…