40 Spring Garden Avenue, Norwich, CT 06360

Local realty services provided by:Better Homes and Gardens Real Estate Gaetano Marra Homes
40 Spring Garden Avenue,Norwich, CT 06360
$425,000
  • 5 Beds
  • 3 Baths
  • 2,769 sq. ft.
  • Multi-family
  • Active
Listed by:cintia varela
Office:yellowbrick real estate llc
MLS#:24123152
Source:CT

Price summary

  • Price:$425,000
  • Price per sq. ft.:$153.49

About this home

Rare Norwich Investment Opportunity - Fully Rented 3-Family Cash Cow! Professional pictures coming soon! Welcome to 40-42 Spring Garden Ave, the only livable 3-family available in Norwich right now-a true income-producing gem. This property is fully rented and generating strong cash flow, making it an ideal turnkey investment for savvy buyers. Property Highlights: Fully rented - strong, steady income from Day 1 Well-maintained with a newer roof and updated mechanicals 2 units with oil heat (natural gas already in the building for future conversion) Coin-operated laundry in basement for extra income stream Two driveways - rare convenience for tenants and guests Close to casinos, highways (I-395/Route 32), shopping, and downtown Norwich With high rental demand and limited multi-family inventory in Norwich, this property is a prime opportunity for investors looking for solid returns and long-term growth. To see the full potential of this property, including the income/expense

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Home facts

  • Year built:1908
  • Listing ID #:24123152
  • Added:2 day(s) ago
  • Updated:September 04, 2025 at 04:37 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,769 sq. ft.

Heating and cooling

  • Cooling:Window Unit
  • Heating:Steam

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1908
  • Building area:2,769 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Norwich Free Academy
  • Elementary school:Per Board of Ed

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$153.49
  • Tax amount:$7,301 (July 2025-June 2026)
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