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$280,000
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Property 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.
Full Property Details
Full Property Details for 18-20 N A St
General
- Sold For: $280,000
- Taxes: (July 2026-June 2027)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24179153
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
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, Electric
- Heating Fuel: Electric
- Water Heater: 40 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Clapboard
- Basement Desc.: Full
- Roof: Asphalt Shingle
- Square Feet: 2,254
- Above Ground: 2,254 Sq. Ft.
- Year Built: 1875
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: 4
Lot Features
- Lot Size (Acres): 0.16
- Zoning: Mf/R10
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $174,800
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Property ID: 2030558
Listed by VC Property Group, LLC, Anthony Velez
Sold by eXp Realty, Michael Doherty
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Schools
Schools serving 18-20 N A St
School District:Norwich School District
| Name | Grades | Distance |
|---|---|---|
Wequonnoc School 155 Providence St., Norwich, CT 06380 | PK-5 | 0.2 mi |
Kelly Middle School 25 Mahan Drive, Norwich, CT 06360 | 6-8 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18-20 N A St
Date
Details
Price
Change
Source
7/30/2026
Sold
$280,000
—
MLS
5/28/2026
Listed
$280,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
18-20 North A Street, Norwich, CT 06380 (MLS# 24179153) is a Multi-Family property that was sold at $280,000 on July 30, 2026. Want to learn more about 18-20 North A Street? 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.

