287 Central Avenue Norwich, CT 06360
Listing Courtesy of: SMART MLS / Listed By: Christian Martinez, Vc Property Group, LLC - Contact:  (860) 778-6427

  287 Central Avenue Norwich, CT 06360

Active (1 Days)
$995,000 (USD)
6
BED
5
BATH
4,130
SQFT
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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.

MLS #:
24202778
Taxes
$4,340(2026)
Lot Size
3,485 SQFT
Type
Multifamily
Year Built
1860
Style
Units on Different Floors, Units Are Side-by-Side
County
New London County
Community
Greenville

Listed By

Christian Martinez, Vc Property Group, LLC, Contact: (860) 778-6427
Source
SMART MLS
Last checked Aug 31 2026 at 9:13 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Lot Information
  • Corner Lot
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Hot Water
  • Window Unit
Basement Information
  • Full
Exterior Features
  • Vinyl Siding
  • Brick
  • Roof: Gable
Utility Information
  • Sewer: Public Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Per Board of Ed
  • High School: Norwich Free Academy
Living Area
  • 4,130 sqft
Additional Information: Vc Property Group, LLC | (860) 778-6427
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: 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 2026 SmartMLS, Inc. Last Updated: 8/31/26 02:13
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