Two family with many improvements, long term tenants who would like to stay, but we have arrangements in case vacancies are needed. Wood flooring, both units have one bedroom, a deck, gas heat, stoves and refrigerators in kitchens stay, all other appliances belong to tenants. Possible to have coin-op laundry in basement. Nice yard with off street parking for 6 cars. On street parking also available. Walk to tot lot, CVS and other retail establishments.
Motivated Seller!! Offered at $1,975,000 - Bottom Line - this stabilized multifamily portfolio consists of 18 units across 5 buildings, plus a multifamily infill redevelopment opportunity that provides significant upside beyond the current in-place 9% ROI. The portfolio includes: 681 N Main Street (4 units) 20 North A Street (4 units) 37 South B Street (3 units) 102 Boswell Avenue (5 units) 72 North Main Street (2 units) 15 Platt Avenue - Multifamily Redevelopment Opportunity (Former 3-Family) The income-producing assets are approximately 90% of pro forma, offering investors strong day-one cash flow with limited operational lift. Remaining upside is achievable through modest rent optimization and continued professional management. Upon full stabilization, the portfolio is projected to generate an estimated 14% fully burdened ROI, not accounting for the resale or redevelopment of the multifamily lot.
INVESTORS TAKE NOTICE. 6 family income producing property for sale. 4 one bedrooms and 1 four bedroom unit and 1 three bedroom unit. Units recently updated with fresh paint and new flooring. Bright apartments with an abundance of natural light.
Excellent opportunity to own a well-located property in the heart of Norwich. Situated on North Main Street, this property offers strong visibility and convenient access to downtown amenities, shopping, dining, public transportation, and major routes. The building features a functional layout with flexible use potential, making it ideal for an investor or owner-occupant. Whether you're looking to add to your portfolio or establish a presence in a central location, this property provides solid upside and long-term value. Ample nearby parking and a high-traffic area enhance accessibility and appeal. Close proximity to businesses, residential neighborhoods, and local attractions adds to its desirability. Don't miss this opportunity to invest in a prime Norwich location with growth potential. Schedule your private showing today.
Perfect for owner occupant or investor. Move into one unit and have the tenants pay the mortgage! All separate tenants paid utilities. 3 new high-efficiency combi boilers installed between 2023- 2025 that supply heat and hot water in the units. Unit 1&2 have been fully renovated with new flooring, paint, windows and a bathrooms. This property can be purchased with 39 Cliff St and 45 Cliff St next door. MLS #s 24149335 and 24149375.
Classic two-family duplex offering 2,580 sq ft of living space across two full stories, originally built in 1842. This multi-family property has experienced fire damage and offers a great opportunity for renovation and value-add potential. Features include a gable/hip roof with asphalt shingles, a mix of asbestos shingle and vinyl siding exterior, and gas hot water heat. A rare chance to restore and customize a spacious duplex with strong future upside.
Rare waterfront opportunity with two separate residences presenting endless potential. Set along the Shetucket River with scenic water views, this unique property offers a compelling blend of immediate enjoyment and future value. The charming cottage was recently remodeled, providing a comfortable and thoughtfully updated space. The main house presents a true value-add opportunity. It has been fully gutted, with some initial improvements completed, and is ready for your vision to bring it to the finish line. The flexible footprint allows for a variety of possibilities. Whether you're an investor, builder, or end-user looking to create something special, the setting is the star here ~ peaceful waterfront surroundings, sweeping river views, and stairs directly leading to the river. A rare chance to own and reimagine a multi-structure waterfront property in a convenient location close to major routes.
This versatile multi-unit property offers a rare blend of flexibility and potential. The property is zoned General Commercial; however, the town has advised the seller that an application may be submitted to convert the zoning to mixed use, if desired or required. The property will convey fully vacant, offering a unique opportunity for owner-occupants seeking flexibility, or investors who prefer to select their own tenants and maximize future potential. Cash or Commercial loans only.
Welcome to 78 McKinley Ave - a turnkey, fully renovated three-family investment opportunity. This fully updated multi-family property is ideal for investors seeking immediate cash flow with minimal capital outlay. Each of the three units has been renovated from top to bottom, featuring fresh paint, new flooring, and updated appliances-allowing for strong rental demand and market friendly income from day one. The property offers efficient wall-unit gas heating and on-demand hot water, helping reduce operating costs while providing reliable, tenant-friendly systems. With major renovations already completed, this asset delivers low-maintenance ownership and long-term value. Perfect for investors expanding their portfolio or owner-occupants looking to offset housing costs with rental income. A rare opportunity to acquire a stabilized, move-in-ready multi-family with strong income potential. Schedule your showing today and secure this high-performing asset.
Great investment or owner occupied 3 family with not much to do! This building has 2 one bedroom and 1 3 bedroom unit. All 3 apartments rented and 2 apartments are month to month. Existing residents are great paying tenants and one has been there for almost 10 years! All utilities are up to date with the roof and the heating system approximately 10 years old and the gas fired hot water heaters less than 5 years old. The walkout basement also features a coin op laundry for additional income and tenants convenience. Owner pays for the gas heat but the tenants pay for hot water and electric. Owner is a licensed REALTOR in the state of CT.
Welcome to 81 West Town Street, where opportunity meets convenient living. This spacious two-family home offers flexibility for multigenerational living or a terrific owner-occupied investment. The first and second floors make up the main unit, featuring three bedrooms and two full bathrooms. Beautiful hardwood flooring adds warmth and character. The kitchen is designed for both everyday use and entertaining, highlighted by a newly installed granite countertop. When the weather is warm, gatherings can easily be taken outside to either of the beautifully stained decks one of which is covered. A spacious laundry room with washer and dryer hookups sits conveniently on the second floor near all the bedrooms. This unit also includes two interconnected oil tanks, allowing for cost-effective bulk fuel purchases. The second unit, offers an inviting open-concept layout with one bedroom and one bathroom. Mini-split heating and cooling provide year-round comfort, and the hardwood flooring continues the home's classic appeal. The roof was installed in 2025, offering added peace of mind for future owners. This property also includes a two-car garage. Located in the heart of Norwich, the home places you close to schools, shopping centers, gyms, parks, restaurants, and many everyday amenities. Access to I-395 is less than half a mile away, making travel exceptionally convenient. Mohegan Sun and Foxwoods casinos are also nearby offering endless entertainment and dining options.
Investors & Contractors Take Notice! This spacious 2-family property offers a total of 4 bedrooms and 2 full bathrooms, making it an excellent opportunity for contractors or investors. The home is partially renovated and ready for your finishing touches - perfect for adding value and maximizing returns. Ideally located under 15 minutes from both Foxwoods Resort Casino and Mohegan Sun, this property offers the best of both worlds: a convenient location, strong rental potential, and long-term stability. Don't miss this chance to own a versatile multi-family home in a sought-after area close to highways, shopping, and restaurants.
Explore this exceptional investment opportunity in Norwich, CT with this versatile mixed-use property. Ideally situated in a busy area, this property offers a unique blend of commercial and residential spaces to suit your investment goals. The main level, presents a rented commercial space to attract customers and thrive as a business spot. There are two 2 BR / 1BA apartments attached and currently occupied by a tenant with a leases in place. This not only provides immediate income but also ensures a seamless transition for the new owner. Seeking a property with residential and commercial income, this opportunity offers the best of both worlds.
Great investment or owner-occupied opportunity in the heart of Norwich. This well-maintained two-family property at 1 George Street is 1,244 sq. ft. of living space with three bedrooms, two full baths, and seven total rooms across two units Built in 1915, the home features vinyl siding, hardwood floors, gas heat with hot water, and a partial basement for storage. The property sits on a 0.15-acre lot, providing manageable outdoor space. Included in the sale is the adjoining lot at 3 George Street, an additional 0.15 acres, for added expansion potential, extra yard space, or possible future development conduct with diligence. Together, the combined parcels provide approximately 0.30 acres in a convenient multifamily zone, close to downtown Norwich, public transportation, schools, and area amenities. A unique chance to own a versatile income-producing property with added land value.
Investor Alert! Discover the potential at 11 Division Street in Norwich-a classic two-family home offering a total of 2,130 sq ft of living space. Each spacious unit features 4 rooms, including 2 bedrooms and 1 full bath, spread across 1,065 sq ft per floor. This property is a full renovation project, ideal for contractors or buyers looking to customize and create value. With a convenient location close to downtown amenities, schools, and transportation, this is a prime opportunity to transform a diamond in the rough into a profitable investment or multi-generational home. Bring your vision and tools-Condemned by City of Norwich - No entry
INVESTOR ALERT!! This is a perfect opportunity to own a money maker property! All it needs is a new owner! Ground floor was a barber shop at one time and can still support a business or be used for storage! Top floor has 2 bedrooms and one bath with a nice woodstove to keep it toasty during those cold winter months. The owner is also leaving EVERYTHING behind so it will be a furnished unit! Middle unit is currently rented out until March 2026. List of some of the updates are both furnaces and water heaters are brand new, all cast iron pipe for sewage has been removed and replaced with PVC and all ducting leading to furnaces and hot water heaters is brand new!! Access to upper level is located off of 2 Central Court which is a part of this property and that has a 3 CAR GARAGE AND NEW PAVED DRIVEWAY!! Make your appointment today!! PROPERTY IS BEING SOLD AS IS.INSPECTIONS FOR BUYERS KNOWLEDGE ONLY.
Beautiful two family with separate utilities. 2 bedrooms 1 bath on each floor, Natural gas heat, close to all amenities. More pictures by Saturday
Investors and homebuyers alike won't want to miss out on this incredible opportunity in northern Norwich - a 3 unit home on Franklin Ave offering nearly 3,000 square feet of living space, separate entry to each unit, ample off-street parking, and a full basement for added storage. Don't let this chance slip away! New sidings, inside all Framed bring your contractor/re-development hat to this great opportunity. Estimated $150k to finish this project.
Norwich is located in Connecticut. Norwich, Connecticut has a population of 40,020. Norwich is less family-centric than the surrounding county with 20.84% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Norwich, Connecticut is $59,791. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Norwich is 39.3 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 50.7 inches per year, with 27.4 inches of snow per year.
