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15 Platt Avenue, Norwich, CT 06360

Multi-Family For Sale · 3 Family

$1,975,000
$805/sqft
15 Platt Avenue, Norwich, CT Active
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6
Bedrooms
3
Bathrooms
2,453
Sq Ft
0.29
Acres
1890
Year Built

About This Home

Motivated Seller!! Offered at $1,975,000 - Bottom Line - this stabilized multifamily portfolio consists of 18 units across 5 buildings, plus a multifamily infill redevelopment opportunity that provides significant upside beyond the current in-place 9% ROI. The portfolio includes: 681 N Main Street (4 units) 20 North A Street (4 units) 37 South B Street (3 units) 102 Boswell Avenue (5 units) 72 North Main Street (2 units) 15 Platt Avenue - Multifamily Redevelopment Opportunity (Former 3-Family) The income-producing assets are approximately 90% of pro forma, offering investors strong day-one cash flow with limited operational lift. Remaining upside is achievable through modest rent optimization and continued professional management. Upon full stabilization, the portfolio is projected to generate an estimated 14% fully burdened ROI, not accounting for the resale or redevelopment of the multifamily lot.

Listed by Anthony Velez (860) 300-3102 with VC Property Group, LLC (860) 300-3102

Listing Snapshot

Price $1,975,000 Days on Market 34 days
Property Tax $6,309/yr Style Units on different Floors
Year Built 1890 Total Sq Ft 2,453
Lot Size 0.29 acres HOA Fees N/A
Bedrooms 6 Full Bathrooms 3
Total Rooms 15 Half Baths 0

Structure & Parking

Construction Frame
Roof Asphalt Shingle

Systems & Utilities

Heat Baseboard
Fuel Natural Gas
Cooling None
Hot Water 40 Gallon Tank
Water Public Water Connected
Sewer Public Sewer In Street

Schools

Elem Per Board of Ed
High Per Board of Ed

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $526/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Feb 13, 2026 Listed $1,975,000

Frequently Asked Questions

How much does 15 Platt Avenue in Norwich, CT cost?
This property is listed at $1,975,000, which works out to $805 per square foot.
How many bedrooms does 15 Platt Avenue have?
This home has 6 bedrooms and 3 bathrooms.
What is the square footage of 15 Platt Avenue?
The home is 2,453 square feet, situated on 0.29 acres.
When was 15 Platt Avenue in Norwich built?
This property was built in 1890.
Is 15 Platt Avenue, Norwich, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 15 Platt Avenue, Norwich in?
This home is served by the Norwich public school system, with Per Board of Ed as the elementary school and Per Board of Ed as the high school.
How do I schedule a tour of 15 Platt Avenue, Norwich, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Anthony Velez · (860) 300-3102

VC Property Group, LLC · (860) 300-3102

MLS# 24154214 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Feb 13, 2026 4:07 PM UTC