2 South B Street
Norwich, Connecticut 06360
- Beds
- 12
- Baths
- 4
- SqFt
- 4,560
- Acres
- 0.30
- Year Built
- 1905
- Neighborhood
- Taftville
- 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
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
Active Listings
20
21 under contract
Median List Price
$439,500
20 active listings
Median Closed Price
$380,000
97 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Nov 5, 2026per 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.
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.