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$280,000

Other

A month ago

MLS® 24179153

8 Bed

4 Bath

2254 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2254 sqft
Garage No
Taxes $6,085
Days Active 31
Lot Size 0.16 acres
Approx. Age 1875
Avg. Price Per Sqft $124
MLS® Number 24179153

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

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

Description

CASH ONLY !! Fully vacant 4-family value-add opportunity located in Norwich, Connecticut. This property presents a rare chance for investors to renovate and lease from a clean slate without the challenges of existing tenants or phased turnover. The building consists of four 2-bedroom residential units with separate tenant-paid utilities, public water/sewer, and off-street parking. With strong rental demand in the Norwich market and projected stabilized rents averaging approximately $1, 500 per unit, the property offers significant upside potential through renovation and lease-up strategy. Ideal for investors seeking a repositioning opportunity, the asset is well-suited for both long-term hold and BRRRR-style investment strategies. Projected stabilized income and estimated after-repair value provide a compelling value-add story with the potential for substantial equity creation upon completion of renovations. Conveniently located near downtown Norwich, local employers, shopping, restaurants, and major commuter routes. Opportunity for investors to bring new life to a multifamily asset in one of Eastern Connecticut's strongest workforce rental markets.
MLS® Number24179153
Laundry Level
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age1875
BasementFull
Driveway
Garage Spaces
HeatElectric, Baseboard
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

Other

May 28, 2026List Date
$280,000List Price
  • Commute

Commute

Starting Address
Destination Address
18-20 N A St, Taftville, CT

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