15 Platt Avenue, Norwich, CT 06360

Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
15 Platt Avenue,Norwich, CT 06360
$1,995,000
  • 10 Beds
  • 5 Baths
  • 2,453 sq. ft.
  • Multi-family
  • Active
Listed by:anthony velez
Office:vc property group, llc
MLS#:24124598
Source:CT

Price summary

  • Price:$1,995,000
  • Price per sq. ft.:$813.29

About this home

This is a stabilized 19 unit portfolio with an in-place ROI of 11%. Portfolio is rented at 86% of full market rates, so though it is rented strongly, it does have upside. At full market rates, this turn key portfolio yields an impressive 21% ROI and $120k Net Cash Flow after all expenses and debt service. The portfolio consists of (2) four families, (1) 5 unit multifamily, (2) three families and (1) two family property. The properties feature tenant paid utilities and a mix of on and off street parking.

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Home facts

  • Year built:1890
  • Listing ID #:24124598
  • Added:3 day(s) ago
  • Updated:September 22, 2025 at 05:42 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:2,453 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1890
  • Building area:2,453 sq. ft.
  • Lot area:0.29 Acres

Schools

  • High school:Per Board of Ed
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$1,995,000
  • Price per sq. ft.:$813.29
  • Tax amount:$6,309 (July 2025-June 2026)
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