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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
Listed for sale 7 days ago
$ 355,000
ROI
20.3
Cash Flow/m
55- 4 Bed
- 2 Bath
- 1320 sft
72 North Main Street, Norwich, CT, 06360
Rental Income
$ 274,900
ROI
26.7Cash Flow/m
532- 4 Bed
- 2 Bath
- 1454 sft
50 Dunham Street, Norwich, CT, 06360
$ 410,000
ROI
21.0Cash Flow/m
136- 6 Bed
- 3 Bath
- 3353 sft
70 Prospect Street, Norwich, CT, 06360
$ 159,000
ROI
32.9Cash Flow/m
582- 4 Bed
- 2 Bath
- 2580 sft
76 Laurel Hill 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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