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Listed price in listed location currency (USD).
$550,000

840

MLS® 24177036

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 2254 sqft
Garage No
Taxes $6,085
Days Active 3
Lot Size 0.16 acres
Approx. Age 1875
Avg. Price Per Sqft $244
MLS® Number 24177036

Property Address: 20-18-20 N A St, Taftville, CT, 06380-1331

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number24177036
Laundry Level
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age1875
BasementFull
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2026List Date
$550,000List Price

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