1-5 Taftville Occum Rd, Norwich, CT 06360

$500,000
9
BD
4
BA
3,798
SqFt

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Sold Price
$500,000
List Price
$495,000
Status
CLOSED
MLS#
24177295
Closing Date
Jun 24, 2026
Year Built
1875
Bedrooms
9
Bathrooms
4
Acres
0.15
Living Area
3,798
Neighborhood
Occum

Property Description

Excellent investment opportunity with strong income potential! This 4-unit multifamily property features a desirable unit mix consisting of Two 3-bedroom units, One 2-bedroom unit, and One 1-bedroom unit - offering flexibility for a wide tenant base and long-term rental stability. Three of the four units have been updated with new flooring, modern appliances, fresh paint, updated faucets, sinks, and contemporary light fixtures. The spacious layouts and updated interiors make these units highly attractive to tenants, while the remaining unit provides an opportunity for additional value-add potential and increased cash flow. Whether you're expanding your portfolio or looking for a solid income-producing asset, this property offers a strong combination of unit diversity, recent improvements, and future upside potential.

Additional Information

Taxes
$5,984
Lot Size
6,534
Heating
Baseboard
Cooling System Type
None
Water Source
Public
Basement
Partial, Unfinished, Interior Entry, Dirt Floor
Parking Spaces
6
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Harrison Graham from IMT Realty. (860) 772-7357 (860) 213-8333

Selling Office: Carl Guild & Associates.

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