New Listing - 05/20/2026

$550,000 ($244.01 per sqft)

Est. Mortgage $2,673/mo *

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Listing courtesy of Anthony Velez (860) 300-3102, VC Property Group, LLC (860) 300-3102

18-20 North A Street, Norwich, CT, 06380

18-20 North A Street, Norwich, CT, 06380
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16 rooms

8 beds

4 Full baths

1875

Units are Side-by-Side

2,254 sqft

VC Property Group is pleased to present a 7-unit multifamily investment opportunity consisting of a 4-family and nearby 3-family property in Norwich. The package includes (5) 2-bedroom units, (1) 4-bedroom unit, and (1) 1-bedroom unit, with separate tenant-paid utilities providing a strong operational setup for investors. Property will convey with five vacant units, creating a true value-add, FULL CASH OUT opportunity with immediate upside through renovation, lease-up, and stabilization. There is a projected $120,000 rehab budget to address deferred maintenance, condemned units, and repositioning of the asset. Upon stabilization, the portfolio is projected to achieve an estimated value exceeding $881,000, approximately $96,940 NOI, and projected ROI exceeding 60%, presenting a compelling opportunity for investors seeking strong equity creation and long-term cash flow potential. ALL units depicted in photos. CASH or bridge financing ONLY. Bridge financing available through VC Property Group. Proof of funds required prior to scheduling a showing.

Status:

Active

Type:

Multi-family

Units:

4

Zoning:

Mf/R10

Heating:

Baseboard

Cooling:

None

Basement:

Full

Acreage:

0.16

Est. Taxes:

$6,085

Assessment

$174,800

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

4

MLS #:

24177036

Community Info

School Info

Walk Score

Mass Transit

Yelp

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