Norwich, Connecticut, United States 1 - 18760893
Norwich, Connecticut, United States 2 - 18760893 Norwich, Connecticut, United States 3 - 18760893
Norwich, Connecticut, United States 4 - 18760893 Norwich, Connecticut, United States 5 - 18760893
$995,000

Multi Family In Norwich

  • 6 Beds
  • 5 Baths
  • 4,130 Sqft
  • 3,485 Sqft lot
  • Updated: August 31
  • Source:
    SmartMLS  MLS#24202778

About the Property

Opportunity to acquire two Norwich investment properties as a combined portfolio for $995,000. The offering includes a mixed-use property at 287 Central Avenue and a vacant three-family property at 119 Williams Street, providing a combined total of six residential units and two commercial spaces. Central Avenue includes three occupied residential units, one occupied commercial space and one vacant
Opportunity to acquire two Norwich investment properties as a combined portfolio for $995,000. The offering includes a mixed-use property at 287 Central Avenue and a vacant three-family property at 119 Williams Street, providing a combined total of six residential units and two commercial spaces. Central Avenue includes three occupied residential units, one occupied commercial space and one vacant commercial space. All three Williams Street apartments are currently vacant, giving a new owner the ability to establish new leases and execute their own rental and management strategy. The combined unit mix includes two one-bedroom, two two-bedroom and two three-bedroom apartments. This asset will yield a stabilized annual income of $151,500 and an estimated 12.23% pro forma cap rate at full ask. A compelling opportunity to acquire scale, diversified income and meaningful lease-up potential in a single transaction.
…

  • Property type

    Other

  • Year built

    1860

  • Price/sqft

    $240

Features

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287 Central Avenue, Norwich, Connecticut, United States View on Google Maps
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VC Property Group, LLC - West Hartford

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VC Property Group, LLC - West Hartford
Connecticut, United States
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9
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2026
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VC Property Group, LLC - West Hartford
West Hartford, Connecticut, United States
View agency profile
Last updated
August 31
First listed
Aug 31
Listing reference
24202778
Listing status

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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