Multi-Family For Sale · 4 Family
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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.
Listed by Anthony Velez (860) 300-3102 with VC Property Group, LLC (860) 300-3102
Estimate only. Contact a lender for accurate figures.
Anthony Velez · (860) 300-3102
VC Property Group, LLC · (860) 300-3102
MLS# 24177036 · Data provided by SmartMLS. Information deemed reliable but not guaranteed. Listing updated May 20, 2026 1:04 PM UTC
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18-20 North A Street, Norwich CT, 06380
$550,000 • Active
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