BEDS6
BATHS5 full
SQUARE FEET4,130
MLS#24202778
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Opportunity to acquire two Norwich investment properties as a combined portfolio for $995,000. The offering includes a mixed-use property at 287 Central Avenue and a vacant three-family property at 119 Williams Street, providing a combined total of six residential units and two commercial spaces. Central Avenue includes three occupied residential units, one occupied commercial space and one vacant commercial space. All three Williams Street apartments are currently vacant, giving a new owner the ability to establish new leases and execute their own rental and management strategy. The combined unit mix includes two one-bedroom, two two-bedroom and two three-bedroom apartments. This asset will yield a stabilized annual income of $151,500 and an estimated 12.23% pro forma cap rate at full ask. A compelling opportunity to acquire scale, diversified income and meaningful lease-up potential in a single transaction.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Cooling: Window Unit
Fuel Type: Electric
Heating: Hot Water
Home Style: Units on different Floors, Units are Side-by-Side
Lot Size: 0.08 Acres
Roof Type: Gable
Taxes: $4,340
Year Built: 1860
Feature Descriptions
Exterior: Vinyl Siding, Brick
Lot: Corner Lot
Sewer: Public Sewer Connected
Units: 5
Water: Public Water Connected
Waterfront: Not Applicable
Local Schools
High School: Norwich Free Academy
Elementary School: Per Board of Ed
Listed By / Shown By
Listing By
Agency Name: VC Property Group, LLC
Agent Name: Christian Martinez
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 2,866.31 per month $2,214.44 Principal & Interest $361.67 Property Tax $290.21 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) 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. Information on this site was last updated 08/31/2026. The listing information on this page last changed on 08/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 08/31/2026 12:01:48 AM EST) or GSMLS (last updated Sun 08/30/2026 11:54:11 PM EST) or SMART MLS (last updated Sun 08/30/2026 10:59:04 PM EST) or New York State Alliance MLS (last updated Sun 08/30/2026 11:55:01 PM EST) or Hudson Valley Catskill Region MLS (last updated Sun 08/30/2026 11:51:12 PM EST) or My State MLS (last updated Sun 08/30/2026 11:30:13 PM EST) or Berkshire MLS (last updated Sun 08/30/2026 8:13:41 PM EST) or OneKey MLS (last updated Sun 08/30/2026 11:53:24 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Choice Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. . Copyright 2021 SmartMLS, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. . Copyright 2021 SmartMLS, Inc.
Privacy Policy / DMCA Notice / ADA Accessibility
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287 Central | MLS# 24202778
This multi-family property located at 287 Central , Norwich, CT 06360 is currently listed for sale with an asking price of $995,000. Search Norwich real estate on www.coldwellbankerchoice.com today.