$475,000

22 Perkins Avenue, Norwich, CT 06360

  • 7 beds |
  • 3 baths |
  • 5,063 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon0.94acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $94/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

INVESTORS TAKE NOTICE!!!!! Beautiful 3 Family in heart of Norwich's historic district, right across from St. Patrick Cathedral. Property features (1) 4 Bedroom and (2) 2 Bedroom units, with in-unit laundry and tenant paid utilities. There is also a partially finished 4th unit that is framed out as a large 3 bedroom unit with electric and pluming, which is a massive add value opportunity. This property features all the features you want to see in a multifamily investment. The lot also features a large parking lot and 4 car garage, providing opportunity for an additional income source. Great investment opportunity, with the add value opportunity of adding that 4th unit. DAY 1 yields ~ $1,500 in NET profit after all expenses and mortgage payment, with a 20%+ Proforma ROI. Call today, this won't last long.

Listing Status:
Active
Date Added:
July 21, 2025 at 11:45PM
Listing Office:
VC Property Group, LLC : (860) 300-3102
Listing Agent:
Anthony Velez : (860) 300-3102
MLS ID:
24113502
  • Basement: Full
  • A/C: None
  • Heating: Hot WaterNatural Gas
  • Fireplace: Fireplaces: 2

This listing courtesy of Anthony Velez, VC Property Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John B. Stanton School

386 New London Tpke, Norwich, CT, 06360

Grades KG-5

1.40 miles away

T

Teachers' Memorial Global Studies Magnet Middle School

15 Teachers Dr, Norwich, CT, 06360

Grades 6-8

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.