Well-cared-for two-family property offering an excellent opportunity for owner-occupants or investors alike. This versatile home features two spacious units and a detached garage, providing extra storage, parking, or hobby space. Conveniently located close to I-395, commuting, shopping, and area amenities are all within easy reach. Whether you're looking to live in one unit and rent out the other to help offset your mortgage, or add a strong income-producing asset to your portfolio, this property checks all the boxes.
Welcome to 78 McKinley Ave - A Fully Renovated 3-Family Gem! Discover an incredible investment opportunity or perfect owner-occupied property in this beautifully renovated three-family home. Every unit has been thoughtfully updated from top to bottom, offering a clean, modern, and move-in-ready living experience. Step inside to find fresh paint, new flooring, and updated appliances throughout each apartment. The property features efficient wall-unit gas heating and on-demand hot water, giving tenants comfort and cost savings year-round. Whether you're expanding your portfolio or searching for a home that pays for itself, this property delivers exceptional value with low-maintenance updates already completed. Don't miss your chance to own this refreshed multi-family property-schedule your showing today! This Sat. 12 - 2pm and Sun, 1- 3 pm Voluntary non-perishable food drive benefiting United Way- Come Tour and Give Back! Donations welcome but not required
Great investment or owner occupied 3 family with not much to do! This building has 2 one bedroom and 1 3 bedroom unit.One of the 1 bedroom units is vacant and left that way for a potential owner occupant.Both 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. An easy one to slide into as eithetr an investor or an owner occupant that wants almost all their mortgage covered. Owner is a licensed REALTOR in the state of CT.
This side-by-side two-family home offers two spacious units, each approx. 1,100 sq ft with two floors and full basements with laundry hookups. One unit has 2 beds, 2 baths; the other has 2 beds, 1.5 baths. Both feature a finished third floor-perfect for a 3rd bedroom, office, or flex space. Enjoy a fenced yard and separate entrances. With both units set to be delivered vacant at closing, this is an excellent opportunity for an owner-occupant to move in and offset their mortgage with rental income-or for investors looking to expand their portfolio in a strong rental market.
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.
**Investment Opportunity in Norwich** Seize this chance to invest in a fully rented 4-unit property in Norwich. Each unit offers electric heat and hot water with separate meters, simplifying management. Conveniently located near casinos, schools, and other amenities, the property ensures steady cash flow from day one. With Norwich's growth, this is a promising long-term investment. Reach out today to learn more!
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.
Great opportunity for investors or owner-occupants. The first-floor unit offers 2 bedrooms, 1 bath, a bright living room, and kitchen with a separate dining room. The second-floor unit features 3 bedrooms, 1.5 baths, a spacious living room, kitchen with separate dining area, and a finished walk-up attic offering extra space or storage. Each unit has its own washer/dryer hookups. Close to shopping, schools, and mere minutes to Mohegan Sun or Foxwoods -don't miss this one!
Charming Three-Family Home Along the Scenic Heritage Trail Set along the picturesque Heritage Trail with tranquil views of the Yantic River, this distinctive three-family home captures the essence of timeless New England architecture. Blending stone and shingle craftsmanship with modern versatility, it offers both income potential and the opportunity for immediate owner occupancy. The property features a stately exterior framed by beautiful landscaping and a large, park-like yard, creating a peaceful retreat just moments from town. Mature trees and flowering plants surround the home, providing color and privacy throughout the seasons. A two-car detached garage and extended driveway offer convenience and ample parking. Each unit showcases spacious layouts and abundant natural light. The property offers updated mechanicals, a newer roof and on-site laundry room. Perfectly positioned along one of the area's most scenic routes, this property offers the rare combination of historic appeal, modern livability, and investment opportunity-all within walking distance to trails, parks, and downtown amenities. Call Today, this won't last long!!
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.
This is a stabilized 19 unit portfolio with an in-place ROI of 11%. Portfolio is rented at 86% of full market rates, so though it is rented strongly, it does have upside. At full market rates, this turn key portfolio yields an impressive 21% ROI and $120k Net Cash Flow after all expenses and debt service. The portfolio consists of (2) four families, (1) 5 unit multifamily, (2) three families and (1) two family property. The properties feature tenant paid utilities and a mix of on and off street parking.
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
Half rented 2 family, second floor is vacant and a bonus of a income producing 3 car garage. Garage is rented for $300 a month! Tenants pay their own heat, electric and hot water. Separate utilities for all 3, tenant prefers to stay and paying on time! Good income potential or owner occupied and pay your mortgage. Property is being sold as is, seller to make no repairs. Price reflects the work to be done.
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.
