40 Spring Garden
Norwich, CT 06360

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 5 BR
Bathrooms: 3
Pets: Pets Unknown
Area: 2769 sq ft

Financials

Price:$425,000
Annual Taxes:$7,301
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Cintia Varela of YellowBrick Real Estate LLC

Description

Rare Norwich Investment Opportunity - Fully Rented 3-Family Cash Cow! Professional pictures coming soon! Welcome to 40-42 Spring Garden Ave, the only livable 3-family available in Norwich right now-a true income-producing gem. This property is fully rented and generating strong cash flow, making it an ideal turnkey investment for savvy buyers. Property Highlights: Fully rented - strong, steady income from Day 1 Well-maintained with a newer roof and updated mechanicals 2 units with oil heat (natural gas already in the building for future conversion) Coin-operated laundry in basement for extra income stream Two driveways - rare convenience for tenants and guests Close to casinos, highways (I-395/Route 32), shopping, and downtown Norwich With high rental demand and limited multi-family inventory in Norwich, this property is a prime opportunity for investors looking for solid returns and long-term growth. To see the full potential of this property, including the income/expense spreadsheet and additional financial details, reach out the listing agent today for access to the complete investor folder.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Norwich Free Academy
  • Intermediate School -
  • Window Unit

Rare Norwich Investment Opportunity Fully Rented 3 Family Cash Cow !


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