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In-PersonVirtual Tour
$ 400,000
Est. payment | /mo
8 Beds
4 Baths
3,203 SqFt
$ 400,000
Est. payment | /mo
8 Beds
4 Baths
3,203 SqFt
Open House
Sat Apr 18, 10:00am - 11:30pm
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,203 sqft
Price per Sqft $124
MLS Listing ID 24167451
Style 4sides - Units Are Side-by-Side,4updown - Unit(s) per Floor
Bedrooms 8
Full Baths 4
Year Built 1865
Annual Tax Amount $9,486
Lot Size 10,018 Sqft
Property Sub-Type 4 Family
Property Description
Don't miss this value-add 4-family property ideally located just minutes from downtown Norwich. This is a prime opportunity for investors looking to expand their portfolio or execute a BRRRR or fix-and-flip strategy. The property features separate utilities for each unit, keeping expenses streamlined and tenant accountability high. Three units are currently occupied by long-term, reliable tenants, providing immediate cash flow, while the fourth unit is vacant and ready for renovation-perfect for increasing rents and forcing appreciation. This property offers strong upside potential. Cash, hard money, or rehab loan only - will not qualify for conventional or FHA financing. Whether you're looking to renovate and refinance or reposition and sell, this is a solid opportunity in a growing rental market. Sold as-is. Showings with 24-48 hour notice. Part of 10+ building portfolio. Ability to Package Properties for quick portfolio scaling!
Location
State CT
County New London
Zoning NC
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Matthew Santurri • Byrnes Real Estate Company
NEARBY SCHOOLS & PROPERTIES