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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Norwich, CT
$ 174,000
ROI
31.5
Cash Flow/m
571- 5 Bed
- 2 Bath
- 3168 sft
479 New London Turnpike, Norwich, CT, 06360
Fix & Flip
Motivated Seller
Rental Income
$ 299,000
ROI
23.3Cash Flow/m
295- 6 Bed
- 2 Bath
- 2808 sft
2 Broadway Terrace, Norwich, CT, 06360
$ 324,900
ROI
20.4Cash Flow/m
57- 2 Bed
- 3 Bath
- 2606 sft
232 Franklin Street, Norwich, CT, 06360
Currently Rented
Rental Income
$ 319,990
ROI
22.3Cash Flow/m
226- 5 Bed
- 2 Bath
- 2128 sft
63 Hunters Road, Norwich, CT, 06360
Why Invest in Norwich, Connecticut?
Multi-family properties in Norwich, CT offer strong investment potential with steady rental demand. Average rents around $1,750 support solid cash flows for duplexes and small apartment buildings. Cap rates hover at 7-8% while appreciation reaches 8-9% annually. Renter-occupied units exceed 40%, driven by local employment stability. Low entry prices under $300K make scaling portfolios accessible for investors.
9.5%
Avg. ROI
7.2%
Rental Yield
7.8%
Cap Rate
$1250/mo
Avg. Cash Flow
$1750/mo
Avg. Rent
8.5%
1Y Appreciation
Frequently Asked Questions
High renter occupancy over 40% and average rents of $1,750 create reliable cash flow. Appreciation at 8.5% annually adds equity growth. Stable local jobs minimize vacancy risks.
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