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Coldwell Banker Realty
40-42 Spring Garden Ave, Norwich, CT 06360
- $425,000
- 5
- BD
- 3
- BA
- 2,769
- SqFt
- Sold Price
- $425,000
- List Price
- $425,000
- Status
- CLOSED
- MLS#
- 24123152
- Closing Date
- Nov 14, 2025
- Year Built
- 1908
- Bedrooms
- 5
- Bathrooms
- 3
- Acres
- 0.14
- Living Area
- 2,769
- Neighborhood
- N/A
Property 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.
Additional Information
- Taxes
- $7,301
- Lot Size
- 6,098
- Heating
- Steam
- Cooling System Type
- Window/Wall
- Water Source
- Public
- Basement
- Full, Unfinished, Sump Pump
- Parking Spaces
- 6
- Elementary School
- Per Board of Ed
- High School
- Norwich Free Academy
Mortgage Calculator
Listing courtesy of Cintia Varela from YellowBrick Real Estate LLC. (914) 433-8864 (203) 445-6949
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