40 Spring Garden Avenue, Norwich, CT 06360
Local realty services provided by:ERA Hart Sargis-Breen Real Estate
40 Spring Garden Avenue,Norwich, CT 06360
$425,000
- 5 Beds
- 3 Baths
- 2,769 sq. ft.
- Multi-family
- Active
Listed by:cintia varela
Office:yellowbrick real estate llc
MLS#:24123152
Source:CT
Price summary
- Price:$425,000
- Price per sq. ft.:$153.49
About this home
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.
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Home facts
- Year built:1908
- Listing ID #:24123152
- Added:28 day(s) ago
- Updated:September 29, 2025 at 10:51 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,769 sq. ft.
Heating and cooling
- Cooling:Window Unit
- Heating:Steam
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1908
- Building area:2,769 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Norwich Free Academy
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$425,000
- Price per sq. ft.:$153.49
- Tax amount:$7,301 (July 2025-June 2026)
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