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37-39 S B Street

Norwich, CT 06380
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Bed 6

Bed

Bath 3

Bath

SqFt2,318

Sqft

Acres0.44

Acre(Lot)

CASH ONLY !! Add-value 3-family investment opportunity located in Norwich, Connecticut. This property offers investors the rare ability to unlock significant upside through renovation, lease-up, and rent stabilization in a market with strong workforce housing demand. The property consists of one spacious 4-bedroom unit and two additional 1-bedroom units, creating a desirable unit mix that appeals to a broad tenant base. Currently operating below its full income potential, the asset presents a clear path to increased cash flow through unit improvements and leasing strategy. Additional features include off-street parking, separate tenant-paid utilities, public water and sewer, and gas heat and hot water. Situated on a generous lot, the property benefits from convenient access to downtown Nor wich, major employers, shopping, restaurants, and transportation corridors. Whether you're looking to execute a traditional value-add strategy, BRRRR investment model, or long-term cash-flow hold, this property offers a compelling combination of current income, renovation upside, and future appreciation potential. An excellent opportunity to acquire a multifamily asset with a defined path to value creation in one of Eastern Connecticut's most active rental markets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $270,000

AD Id : 79472032

MLS Id : 24179203

Beds : 6

Lot Size : 0.44 Acre

Living Area Size : 2,318

Year Built : 1875

County : New London

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 12 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Hot Water Cooling: None

  • Building Information

    Year Built: 1875 Building Area Total: 2318 Construction Materials: Vinyl Siding, Frame Private Pool: No

  • Lot Information

    Lot Size Acres: 0.44 Lot Description: Level

  • Listing Price Information

    Listing Price: $270000

  • Tax Information

    Parcel Number: 2030454 Annual Tax: $5030

  • 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: 24179203 LISTED BY: Anthony Velez, VC Property Group, LLC SOURCE: SmartMLS

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