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37-39 South B Street, Norwich, CT 06380

Multi-Family For Sale · 3 Family

$270,000
$116/sqft
37-39 South B Street, Norwich, CT
Active
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6
Bedrooms
3
Bathrooms
2,318
Sq Ft
0.44
Acres
1875
Year Built

About This Home

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 Norwich, 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.

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

Listing Snapshot

Price $270,000 Days on Our Site 0 days
Property Tax $5,030/yr Style Units are Side-by-Side
Year Built 1875 Total Sq Ft 2,318
Lot Size 0.44 acres HOA Fees N/A
Bedrooms 6 Full Bathrooms 3
Total Rooms 12 Half Baths 0

Structure & Parking

Construction Frame
Roof Asphalt Shingle

Systems & Utilities

Heat Hot Water
Fuel Electric
Cooling None
Hot Water Upright Tank
Water Public Water Connected
Sewer Public Sewer Connected

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 $419/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
May 28, 2026 Listed $270,000

Frequently Asked Questions

How much does 37-39 South B Street in Norwich, CT cost?
This property is listed at $270,000, which works out to $116 per square foot.
How many bedrooms does 37-39 South B Street have?
This home has 6 bedrooms and 3 bathrooms.
What is the square footage of 37-39 South B Street?
The home is 2,318 square feet, situated on 0.44 acres.
When was 37-39 South B Street in Norwich built?
This property was built in 1875.
Is 37-39 South B Street, 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 37-39 South B Street, 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 37-39 South B Street, 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# 24179203 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated May 29, 2026 1:25 PM UTC