Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,995,000
10 Beds
5 Baths5 full baths
2,453sqft
15 Platt Ave, Norwich, CT 06360
$1,995,000
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Multi Family
Built in 1890
$-- HOA
12,632.4 sqft lot
$813/sq.ft
Description
This is a stabilized 19 unit portfolio with an in-place ROI of 11%. Portfolio is rented at 86% of full market rates, so though it is rented strongly, it does have upside. At full market rates, this turn key portfolio yields an impressive 21% ROI and $120k Net Cash Flow after all expenses and debt service. The portfolio consists of (2) four families, (1) 5 unit multifamily, (2) three families and (1) two family property. The properties feature tenant paid utilities and a mix of on and off street parking.
- Houzeo last checked: 2 Hours ago
- Listing updated: October 8, 2025 at 12:06 am
- Listing Provided by: Anthony Velez | VC Property Group, LLC
- Source: SMART MLS-CT | MLS#: 24124598
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1890
HOA Fees
-
Finished Area
2,453 sqft
Lot Size
12,632.4 sqft lot
Basement Area
- sqft
MLS Name
SMART MLS
MLS Number
24124598
MLS Status
Active
Days on Market
73
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