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$1,995,000

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
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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.

Full Property Details for 15 Platt Ave

General

  • Price: $1,995,000
  • Taxes: (July 2025-June 2026)
  • Status: Active
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24124598
  • Updated: 11/26/2025
  • Added to Site: 133 day(s) ago

Interior

  • Number of Rooms: 25

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 10

Parking

  • Parking: None

Location

  • County: New London
  • Driving Directions: Call Agent

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: 40 Gallon Tank

Utilities

  • Sewer: Public Sewer In Street
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Aluminum
  • Basement Desc.: Full
  • Roof: Asphalt Shingle
  • Square Feet: 2,453
  • Above Ground: 2,453 Sq. Ft.
  • Year Built: 1890

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 5

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.29
  • Zoning: MF
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $155,900
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 2030001

Listed by VC Property Group, LLC, Anthony Velez

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Listing agent

— 15 Platt Ave —

  • Anthony Velez

    VC Property Group, LLC

Agent Contact: (860) 300-3102 Office Contact: (860) 300-3102

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15 Platt Ave

School District:Norwich School District
NameGradesDistance
John M. Moriarty School
20 Lawler Lane, Norwich, CT 06360
K-52.8 mi
Kelly Middle School
25 Mahan Drive, Norwich, CT 06360
6-81.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15 Platt Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/05/2025
Listed
$1,995,000
795.62%
MLS
3/23/2023
Sold
$222,750
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15 Platt Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,309
6%
$155,900
—
2023
$5,955
42%
$155,900
81%
2023
$4,183
—
$86,000
—
2022
$4,169
—
$86,000
—
2021
$4,188
—
$86,100
—
2020
$4,168
1%
$86,000
—
2019
$4,127
7%
$86,000
8%
2018
$3,852
-1%
$79,600
—
2017
$3,880
-1%
$79,600
—
2016
$3,905
2%
$79,600
—
2015
$3,826
5%
$79,600
—
2014
$3,656
-15%
$79,600
-41%
2011
$4,324
—
$134,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by VC Property Group, LLC, Anthony Velez

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15 Platt Avenue, Norwich, CT 06360 (MLS# 24124598) is a Multi-Family property with 3 units containing 10 bedrooms and 5 full bathrooms. 15 Platt Avenue is currently listed for $1,995,000 and was received on September 05, 2025. Want to learn more about 15 Platt Avenue? Do you have questions about finding other Multi-Family real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.

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