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18-20 N A Street

Norwich, CT 06380
  • $425,000
  • STATUS: Active Under Contract
  • ON SITE: 41 Days
  • MLS #: 24079541
Under Contract
UPDATED: 74 min ago
$425,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,254
    SQFT
  • $189
    $/SQFT
Type:
Multi-Family
Built:
1875
County:
Area:

School Information

Elementary School:
High School:

Description

Great investment opportunity to acquire a 4 Family with 3 vacant units in rent-ready condition, making this ideal for primary homeowners and investors alike. Vacant units provide opportunity for immediate lease up to attain full market potential right away. Property is situated in a very quite neighborhood about 15 minutes from both Foxwoods and Mohegan Sun. Property consists of four 2 Bedroom units with tenant paid utilities. With the vacant units, this property will yield an estimated 22% ROI inside of 45 days. The 22% takes into consideration a combined 15% for vacancy, maintenance, and management. Don't miss out on this RARE opportunity to acquire a multifamily property and go straight to full market rents, netting over $2,000 per month.

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-21T00:09:46.23.
www.timdentteam.com/homes/161298049
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18-20 N A Street Norwich, CT 06380

  • Price: $425,000
  • Status: Active Under Contract
  • On Site: 41 Days
  • Updated: 74 min ago
  • MLS #: 24079541
8
Beds
4
Baths
0
½ Baths
0.16
Acres
2,254
SQFT
$189
$/SQFT
1875
Built
County:
New London
Area:
Norwich
Elementary School:
per board of ed
High School:
per board of ed
Property Description
Great investment opportunity to acquire a 4 Family with 3 vacant units in rent-ready condition, making this ideal for primary homeowners and investors alike. Vacant units provide opportunity for immediate lease up to attain full market potential right away. Property is situated in a very quite neighborhood about 15 minutes from both Foxwoods and Mohegan Sun. Property consists of four 2 Bedroom units with tenant paid utilities. With the vacant units, this property will yield an estimated 22% ROI inside of 45 days. The 22% takes into consideration a combined 15% for vacancy, maintenance, and management. Don't miss out on this RARE opportunity to acquire a multifamily property and go straight to full market rents, netting over $2,000 per month.
Exterior Features

Direct Waterfront YN No Exterior Siding Clapboard Garage And Parking None Lot Description Level Lot Roof Information Asphalt Shingle Style 4sides - Units Are Side-by-Side Swimming Pool YN No Waterfront Description Not Applicable

Interior Features

Attic YN No Basement Description Full Cooling System None Fireplaces Total 0 Heat Type Baseboard Sq Ft Est Heated Above Grade 2254 Sq Ft Total 2254 Total Rooms 20 Total Rooms Multi Family 20

Property Features

Agent Owner YN No Bank Owned Property No Foundation Type Masonry Heat Fuel Type Electric Home Owners Assocation No Hot Water Description 50 Gallon Tank New Construction Type No/Resale Potential Short Sale No Property Sub Type 4 Family Sewage System Public Sewer Connected Tax Year July 2024-June 2025 Total Number Of Units 4 Water Source Public Water Connected Zoning Mf/R10

Listing information © 2025 Smart MLS
Listing provided courtesy of Anthony Velez of VC Property Group, LLC: .


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc. Data last updated: 2025-04-21T00:09:46.23.
 
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Tim Dent Team | Coldwell Banker Realty
398 Main Street
Ridgefield CT, 06877