18-20 North A Street
Norwich, Connecticut 06380
- Beds
- 8
- Baths
- 4
- SqFt
- 2,254
- Acres
- 0.16
- Year Built
- 1875
- Property Type
- 4 Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
CASH ONLY !! Fully vacant 4-family value-add opportunity located in Norwich, Connecticut. This property presents a rare chance for investors to renovate and lease from a clean slate without the challenges of existing tenants or phased turnover. The building consists of four 2-bedroom residential units with separate tenant-paid utilities, public water/sewer, and off-street parking. With strong rental demand in the Norwich market and projected stabilized rents averaging approximately $1,500 per unit, the property offers significant upside potential through renovation and lease-up strategy. Ideal for investors seeking a repositioning opportunity, the asset is well-suited for both long-term hold and BRRRR-style investment strategies. Projected stabilized income and estimated after-repair value provide a compelling value-add story with the potential for substantial equity creation upon completion of renovations. Conveniently located near downtown Norwich, local employers, shopping, restaurants, and major commuter routes. Opportunity for investors to bring new life to a multifamily asset in one of Eastern Connecticut's strongest workforce rental markets.
Key Facts
- City/Town
- Norwich
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units are Side-by-Side
- Year Built
- 1875
- Days on Market
- 61 days
- Beds
- 8
- Baths
- 4 full
- Living Area
- 2,254 sq ft
- Lot Size
- 0.16 acres
- Property Taxes
- $5,969 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
20
22 under contract
Median List Price
$423,500
20 active listings
Median Closed Price
$340,000
98 sales
Median Days on Market
38
20 active listings
Median $ / Sq Ft
$150
20 active listings
Sale-to-List Ratio
101.1%
98 sales
How this home compares
List Price
$280,000
vs $423,500 median
33.9% below median
Price / Sq Ft
$124
vs $150 median
17.3% below median
Days on Market
61 days
vs 38 days median
23 days longer than median
Based on 20 active and 98 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of July 28, 2026.
Location
18-20 North A Street, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,428
- Property Taxes$497
- Insurance$93
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Norwich
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- Quadruplex
- Style
- Units are Side-by-Side
- Year Built
- 1875
- New Construction
- No/Resale
- Living Area
- 2,254 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Baseboard
- Heat Fuel
- Electric
- Cooling
- None
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.16 acres
- Zoning
- Mf/R10
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Clapboard
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $5,969 / Annually
- Days on Market
- 61
- MLS #
- 24179153
- MLS Status
- Under Contract
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This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 7/28/2026 at 6:10 AM UTC.