Multi Family Investment Properties for Sale in Norwich, CT
Listed for sale 1 day ago
$ 199,000
ROI
31.4
Cash Flow/m
646- 4 Bed
- 3 Bath
- 2900 sft
160 Spruce St, Norwich, CT, 06360
$ 219,900
ROI
33.6Cash Flow/m
846- 4 Bed
- 2 Bath
- 1857 sft
445 East Main Street, Norwich, CT, 06360
$ 319,900
ROI
22.5Cash Flow/m
246- 5 Bed
- 3 Bath
- 2606 sft
232 Franklin Street, Norwich, CT, 06360
Fix & Flip
Motivated Seller
$ 198,990
ROI
36.6Cash Flow/m
935- 6 Bed
- 2 Bath
- 2688 sft
10-12 Pukallus Avenue, 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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