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18-20 N A Street

Norwich, CT 06380
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Bed 8

Bed

Bath 4

Bath

SqFt2,254

Sqft

Acres0.16

Acre(Lot)

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 val ue 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $280,000

AD Id : 79472034

MLS Id : 24179153

Beds : 8

Lot Size : 0.16 Acre

Living Area Size : 2,254

Year Built : 1875

County : New London

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Map

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Rooms Total: 16 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Cooling: None

  • Building Information

    Year Built: 1875 Building Area Total: 2254 Construction Materials: Frame, Clapboard Private Pool: No

  • Lot Information

    Lot Size Acres: 0.16 Lot Description: Level

  • Listing Price Information

    Listing Price: $280000

  • Tax Information

    Parcel Number: 2030558 Annual Tax: $6085

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: Per Board of Ed
  • Location Information

    Direction: Call Agent WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
46-48 S A Street, Norwich, CT, 06380 $399,000 6 3 2,318 2,318 SqFt
87 Hunters Avenue, Norwich, CT, 06380 $379,999 4 4 3,128 3,128 SqFt

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.

ByOwner last updated this listing 07/18/2026 @ 08:41

MLS: 24179153 LISTED BY: Anthony Velez, VC Property Group, LLC SOURCE: SmartMLS

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