52 Fitchville
Norwich, CT 06334

Property

Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 8 BR
Bathrooms: 4
Area: 4449 sq ft

Financials

Price:$550,000
Annual Taxes:$9,524
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Anthony Velez of VC Property Group, LLC

Exceptional opportunity to acquire a fully renovated 4 family investment property offering premium unit quality rarely found in the market.

Description

Exceptional opportunity to acquire a fully renovated 4-family investment property offering premium unit quality rarely found in the market. Extensively gut renovated in 2006, the property has been meticulously maintained, with two recently renovated vacant units providing immediate lease-up potential at market rents or an ideal opportunity for an owner-occupant to offset their mortgage with rental income while moving into a recently updated apartment. The property is projected to generate $81,600 in annual gross income with an impressive 23.58% projected cash-on-cash return, making it an attractive opportunity for both investors and owner-occupants alike. All four units are in well-above-average condition, minimizing near-term capital expenditures. Additional features include off-street parking, a spacious yard, an on-site coin-operated laundry room for supplemental income, public water service with an existing on-site septic system, and strong tenant appeal. Whether you're seeking a turnkey cash-flow investment or a high-quality multifamily property with owner-occupant flexibility and long-term upside, this property delivers exceptional value.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -

SmartMLS

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.

Information Copyright 2026, Smart MLS, LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.