37-39 S B St, Norwich, CT 06380
- Beds
- 6
- Baths
- 3
- Sqft
- 2,318
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
CASH ONLY !! Add-value 3-family investment opportunity located in Norwich, Connecticut. This property offers investors the rare ability to unlock significant upside through renovation, lease-up, and rent stabilization in a market with strong workforce housing demand. The property consists of one spacious 4-bedroom unit and two additional 1-bedroom units, creating a desirable unit mix that appeals to a broad tenant base. Currently operating below its full income potential, the asset presents a clear path to increased cash flow through unit improvements and leasing strategy. Additional features include off-street parking, separate tenant-paid utilities, public water and sewer, and gas heat and hot water. Situated on a generous lot, the property benefits from convenient access to downtown Norwich, major employers, shopping, restaurants, and transportation corridors. Whether you're looking to execute a traditional value-add strategy, BRRRR investment model, or long-term cash-flow hold, this property offers a compelling combination of current income, renovation upside, and future appreciation potential. An excellent opportunity to acquire a multifamily asset with a defined path to value creation in one of Eastern Connecticut's most active rental markets.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 6
- Number of bathrooms
- 3
- Square feet
- 2,318
- Lot size (acres)
- 0.44
- Year built
- 1875
Interior features
- Basement
- Yes
Utilities
- Heating
- Hot Water
- Sewer
- Public Sewer
- Water
- Public Water
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Smart MLS MLS®#: 24179203 Last checked: …

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