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52 Fitchville Road

Norwich, Connecticut 06334

ACTIVE - NEW$550,000
Beds
8
Baths
4
SqFt
4,449
Acres
0.57
Year Built
1890
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Exceptional opportunity to acquire a fully renovated 4-family investment property offering premium unit quality rarely found in the market. Extensively gut renovated in 2006, the property has been meticulously maintained, with two recently renovated vacant units providing immediate lease-up potential at market rents or an ideal opportunity for an owner-occupant to offset their mortgage with rental income while moving into a recently updated apartment. The property is projected to generate $81,600 in annual gross income with an impressive 23.58% projected cash-on-cash return, making it an attractive opportunity for both investors and owner-occupants alike. All four units are in well-above-average condition, minimizing near-term capital expenditures. Additional features include off-street parking, a spacious yard, an on-site coin-operated laundry room for supplemental income, public water service with an existing on-site septic system, and strong tenant appeal. Whether you're seeking a turnkey cash-flow investment or a high-quality multifamily property with owner-occupant flexibility and long-term upside, this property delivers exceptional value.

Key Facts

City/Town
Norwich
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1890
Days on Market
2 days
Beds
8
Baths
4 full
Living Area
4,449 sq ft
Lot Size
0.57 acres
Property Taxes
$9,524 / Annually

Market Snapshot

The Norwich Market

Multi-Family · trailing 12 months

Median Days on Market

36

21 active listings

Median $ / Sq Ft

$146

21 active listings

Sale-to-List Ratio

101.1%

98 sales

How this home compares

List Price

$550,000

vs $418,000 median

31.6% above median

Price / Sq Ft

$124

vs $146 median

15.1% below median

Days on Market

2 days

vs 36 days median

34 days fresher than median

Based on 21 active and 98 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of July 29, 2026.

Location

52 Fitchville Road, Norwich, Connecticut

Property

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,781

per month

  • Principal & Interest$2,804
  • Property Taxes$794
  • Insurance$183
  • 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 on different Floors
Year Built
1890
New Construction
No/Resale
Living Area
4,449 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
None
Basement
Full

Exterior & Lot

Lot Size
0.57 acres
Zoning
R20
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Septic
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Masonry
Lot Description
Level Lot

Listing & Financials

Property Taxes
$9,524 / Annually
Days on Market
2
MLS #
24194664
MLS Status
Active

Similar Properties

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Listed By

Anthony Velez

VC Property Group, LLC

(860) 300-3102

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/29/2026. 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 7/29/2026 at 11:05 AM UTC.