40 Spring Garden Avenue, Norwich, CT 06360

5 beds |
3 baths |
2,769 sqft

Multi-Family Home
Built in 1908
6,098sqft lot
—— car garage
$153/sqft
Listed 20 hours ago

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.

Listing Status:: Active
Date Added:: September 1, 2025 at 01:02PM
Listing Office:: YellowBrick Real Estate LLC : (203) 445-6949
Listing Agent:: Cintia Varela : (914) 433-8864
MLS ID:: 24123152

Laundry: Basement Hook-Up(s)Coin Op Laundry
Basement: FullUnfinishedSump Pump
A/C: Window Unit
Heating: SteamElectricOil
Fireplace: Fireplaces: 0

This listing courtesy of Cintia Varela, YellowBrick Real Estate LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Uncas Elementary School

280 Elizabeth Street Ext, Norwich, CT, 06360

Grades KG-5

0.58 miles away

Teachers' Memorial Global Studies Magnet Middle School

15 Teachers Dr, Norwich, CT, 06360

Grades 6-8

1.21 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.