$450,000

Estimated payment $2,884/month

Total Views 4,808
8 Beds
4 Baths
2,254 Sq Ft
$200 Price per Sq Ft

About This Home

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.

Listing Agent

Connor Wenchell

VC Property Group, LLC Brokerage Phone: (860) 343-7800 License #RES.0818692 Listed on: 11/04/2025

Co-Listing Agent

Lily Benedict

William Raveis Real Estate Brokerage Phone: (860) 343-7800 License #RES.0835303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 1875

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Clap Board Siding
  • Masonry

Interior Spaces

  • 2,254 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Baseboard Heating

Community Details

  • 4 Units
  • Gross Income $72,000

Listing and Financial Details

  • Assessor Parcel Number 2030558

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,085

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 4sides - Units Are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2254
  • Total Sq Ft: 2254
  • Year Built: 1875
  • New Construction: No/Resale
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS
  • Street Type: Street
  • Office Attribution Contact: (860) 300-3102
  • Reserve Prospect: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Clapboard
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.16
  • Lot Description: Level Lot
  • Zoning: Mf/R10
  • Parcel #: 2030558

Multi Family

  • Gross Annual Income: 72000
  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 6085

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Value Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,085 $174,800 $30,000 $144,800
2024 $5,812 $174,800 $30,000 $144,800
2023 $3,185 $76,100 $21,600 $54,500
2022 $3,210 $76,100 $21,600 $54,500
2021 $3,223 $76,100 $21,600 $54,500
2020 $3,225 $76,100 $21,600 $54,500
2019 $3,093 $76,100 $21,600 $54,500
2018 $2,906 $70,100 $21,400 $48,700
2017 $2,851 $70,100 $21,400 $48,700
2016 $2,922 $70,100 $21,400 $48,700
2015 $2,901 $70,100 $21,400 $48,700
2014 $2,737 $70,100 $21,400 $48,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 For Sale $450,000 -- $200 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24137205

SmartMLS

APN: NORW 0076870001