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2 South B Street

Norwich, Connecticut 06360

ACTIVE - NEW$550,000
Beds
12
Baths
4
SqFt
4,560
Acres
0.30
Year Built
1905
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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About This Home

Whether you're looking to expand your investment portfolio or owner-occupy while generating rental income, this well-maintained four-family property checks all the boxes! Currently bringing in $5,100 per month with one unit vacant, this property offers an impressive $7,600/month pro forma income once fully rented. All four units feature desirable townhouse-style layouts, offering tenants added privacy and functionality. With separate utilities, tenants handle their own services, helping keep operating expenses in check. Conveniently located with great access to Route 395, downtown Norwich, shopping, restaurants, and local amenities. Opportunities like this don't come around often! Take advantage of the existing cash flow, lease up the vacant unit, and maximize the income potential. Perfect for investors looking to add a strong-performing asset or an owner-occupant looking to offset their mortgage with rental income. Don't miss out on this income-producing opportunity!

Key Facts

City/Town
Norwich
Neighborhood
Taftville
Property / Style
Multi-Family · 4sides - Units Are Side-by-Side
Year Built
1905
Days on Market
1 day
Beds
12
Baths
4 full
Living Area
4,560 sq ft
Lot Size
0.30 acres
Property Taxes
$10,707 / Annually

Market Snapshot

The Norwich Market

Multi-Family · trailing 12 months

Median Days on Market

64

20 active listings

Median $ / Sq Ft

$162

20 active listings

Sale-to-List Ratio

101.2%

97 sales

How this home compares

List Price

$550,000

vs $439,500 median

25.1% above median

Price / Sq Ft

$121

vs $162 median

25.3% below median

Days on Market

1 day

vs 64 days median

63 days fresher than median

Based on 20 active and 97 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of November 12, 2026.

Location

2 South B Street, Norwich, Connecticut

Property + 5 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,056

per month

  • Principal & Interest$2,981
  • Property Taxes$892
  • 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
Taftville
County
New London

Residence

Property Type
Multi-Family
Subtype
Quadruplex
Style
4sides - Units Are Side-by-Side
Year Built
1905
New Construction
No/Resale
Living Area
4,560 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
BaseboardGas on Gas
Heat Fuel
ElectricGas In Street
Cooling
Window Unit
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.30 acres
Zoning
RES
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
BrickStone
Lot Description
Corner Lot

Listing & Financials

Property Taxes
$10,707 / Annually
Days on Market
1
MLS #
24220698
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Matthew Santurri

(508) 320-6008

Byrnes Real Estate Company

(833) 429-7637

Co-Listed By

John Lesack

Byrnes Real Estate Company

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

The IDX display contains information sourced from SmartMLS, Inc. as of 11/12/2026. 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 11/12/2026 at 10:21 PM UTC.