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18-20 North A StreetNorwich, CT 06380Price: $550,000

  • Price: $550,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $550,000List Price
  • 8Bedrooms
  • 4Bathrooms
  • 0.16Acreage
  • 1875Year Built
  • 2,254Square Feet

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

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