61 Williams Street
Norwich, Connecticut

Description:

Investor alert! This solid 3-family property offers strong rental income potential with immediate upside. Ideally located in a well-maintained neighborhood of multi-family and single-family homes, it's just a short walk to public transportation and a local hospital-making it an attractive option for tenants. Perfectly blending functionality and charm, this versatile property offers excellent potential for both investors and owner-occupants. The large front unit has been fully renovated and features a spacious layout with a living room, dining room, updated kitchen, 2 bedrooms, 2 full baths, and 2 additional rooms on the third floor-perfect for maximizing rent or adding flexible living space. The two additional units each offer 2 bedrooms, 1 bath, laundry room and a comfortable living space. The first floor unit has also been updated, while the second floor unit presents a value-add opportunity for future improvements and increased cash flow. Rents for both units are currently under market. Additional features include ample rear parking and a storage shed. Low-maintenance exterior and a location that consistently draws tenant interest make this property a smart addition to any investment portfolio. Note that a list of recent repairs and upgrades is included in the MLS documents. Whether you're looking to expand your rental holdings or start building wealth through real estate, this multi-family delivers solid returns and future upside.

Listing Courtesy of Carl Guild & Associates