18-20 North A Street, Norwich, CT 06380
$280,000
$280,000
Est.Price: ?

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8 BD
4 BA
2,254 SqFt

18-20 North A Street Norwich, CT 06380

Est. payment /mo
SOLD DATE : 07/30/2026

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Key Details

Sold Price $280,000

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,254 sqft

Price per Sqft $124

MLS Listing ID 24179153

Sold Date 07/30/26

Style Units are Side-by-Side

Bedrooms 8

Full Baths 4

Year Built 1875

Annual Tax Amount $5,969

Lot Size 6,969 Sqft

Property Sub-Type 4 Family

Property Description

CASH ONLY !! Fully vacant 4-family value-add opportunity located in Norwich, Connecticut. This property presents a rare chance for investors to renovate and lease from a clean slate without the challenges of existing tenants or phased turnover. The building consists of four 2-bedroom residential units with separate tenant-paid utilities, public water/sewer, and off-street parking. With strong rental demand in the Norwich market and projected stabilized rents averaging approximately $1,500 per unit, the property offers significant upside potential through renovation and lease-up strategy. Ideal for investors seeking a repositioning opportunity, the asset is well-suited for both long-term hold and BRRRR-style investment strategies. Projected stabilized income and estimated after-repair value provide a compelling value-add story with the potential for substantial equity creation upon completion of renovations. Conveniently located near downtown Norwich, local employers, shopping, restaurants, and major commuter routes. Opportunity for investors to bring new life to a multifamily asset in one of Eastern Connecticut's strongest workforce rental markets.

Location

State CT

County New London

Zoning Mf/R10

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

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Listed by Anthony Velez • VC Property Group, LLC
Bought with Anthony Velez • VC Property Group, LLC

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Kim Dawson

Kim Dawson

Agent | License ID: 0818268

+1(203) 481-4605

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