52 Fitchville Road, Norwich, Connecticut image 1
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52 Fitchville Road

Norwich, CT 06334
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$550,000 $2,318/Mo
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Bed 8

Bed

Bath 4

Bath

SqFt4,449

Sqft

Acres0.57

Acre(Lot)

Exceptional opportunity to acquire a fully renovated 4-family investment property offering premium unit quality rarely found in the market. Extensively gut renovated in 2006, the property has been meticulously maintained, with two recently renovated vacant units providing immediate lease-up potential at market rents or an ideal opportunity for an owner-occupant to offset their mortgage with rental income while moving into a recently updated apartment. The property is projected to generate $81,600 in annual gross income with an impressive 23.58% projected cash-on-cash return, making it an attractive opportunity for both investors and owner-occupants alike. All four units are in well-above-average condition, minimizing near-term capital expenditures. Additional features include off-street pa rking, a spacious yard, an on-site coin-operated laundry room for supplemental income, public water service with an existing on-site septic system, and strong tenant appeal. Whether you're seeking a turnkey cash-flow investment or a high-quality multifamily property with owner-occupant flexibility and long-term upside, this property delivers exceptional value.

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Detail Ic Property Details

Property Type : Residential Income

Price : $550,000

AD Id : 88503892

MLS Id : 24194664

Beds : 8

Lot Size : 0.57 Acre

Living Area Size : 4,449

Year Built : 1890

County : New London

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Rooms Total: 20 Has Basement: Yes Basement: Full

  • Roofing Information

    Asphalt

  • Interior Features

    Roof: Asphalt

  • Heating & Cooling

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

  • Building Information

    Year Built: 1890 Building Area Total: 4449 Construction Materials: Vinyl Siding, Frame Private Pool: No

  • Lot Information

    Lot Size Acres: 0.57 Lot Description: Level

  • Listing Price Information

    Listing Price: $550000

  • Tax Information

    Parcel Number: 2027292 Annual Tax: $9524

  • 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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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 08/20/2026 @ 11:19

MLS: 24194664 LISTED BY: Anthony Velez, VC Property Group, LLC SOURCE: SmartMLS

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