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$895,000
10 Beds
7 Baths7 full baths
5,069sqft
7 Broad St, Norwich, CT 06360
$895,000
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Multi Family
Built in 1820
$-- HOA
16,988.4 sqft lot
$177/sq.ft
Description
Exceptional 7-unit multifamily investment opportunity located in one of New London County's most sought-after residential neighborhoods. Featuring a desirable mix of three 2-bedroom units, two 1-bedroom units, and two studio units, this property offers broad tenant appeal and strong in-place cash flow. Currently 100% occupied with two units recently leased at market rents, the asset benefits from tenant-paid utilities, off-street parking, public water and sewer, and a spacious 0.39-acre lot. With projected stabilized annual income of approximately $133,800 and a projected 14.78% stabilized ROI, investors have the opportunity to further increase cash flow through continued...
Continue Reading- Houzeo last checked: 7 Minutes ago
- Listing updated: June 23, 2026 at 5:05 pm
- Listing Provided by: Anthony Velez | VC Property Group, LLC
- Source: SMART MLS-CT | MLS#: 24181790
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1820
HOA Fees
-
Finished Area
5,069 sqft
Lot Size
16,988.4 sqft lot
Basement Area
- sqft
MLS Name
SMART MLS
MLS Number
24181790
MLS Status
Active
Days on Market
17
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