15 Platt Avenue, Norwich, CT 06360
Local realty services provided by:CENTURY 21 North East
15 Platt Avenue,Norwich, CT 06360
$1,995,000
- 10 Beds
- 5 Baths
- 2,453 sq. ft.
- Multi-family
- Active
Listed by: anthony velez(860) 300-3102
Office: vc property group, llc
MLS#:24124598
Source:CT
Price summary
- Price:$1,995,000
- Price per sq. ft.:$813.29
About this home
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.
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Home facts
- Year built:1890
- Listing ID #:24124598
- Added:106 day(s) ago
- Updated:January 07, 2026 at 12:29 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,453 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1890
- Building area:2,453 sq. ft.
- Lot area:0.29 Acres
Schools
- High school:Per Board of Ed
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$1,995,000
- Price per sq. ft.:$813.29
- Tax amount:$6,309 (July 2025-June 2026)
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