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18-20 North A Street, Taftville, CT 06380

Taftville
Local realty services provided by:CENTURY 21 Classic Homes
18-20 North A Street,Norwich, CT 06380
$550,000
  • 8 Beds
  • 4 Baths
  • 2,254 sq. ft.
  • Multi-family
  • Active
Listed by: anthony velez(860) 300-3102
Office: vc property group, llc(860) 300-3102
MLS#:24177036
Source:CT

Price summary

  • Price:$550,000
  • Price per sq. ft.:$244.01

About this home

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...

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Home facts

  • Year built:1875
  • Listing ID #:24177036
  • Added:1 day(s) ago
  • Updated:May 21, 2026 at 10:40 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:16
  • Basement Description:Full Basement
  • Living area:2,254 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1875
  • Building area:2,254 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Level Lot
  • Architectural Style:Units are Side-by-Side
  • Construction Materials:Clapboard

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$244.01
  • Tax amount:$6,085 (July 2025-June 2026)
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