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259 Yantic St, Norwich, CT 06360

$395,000
: 8
BD
: 4
BA
: 3,203
SqFt

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Sold Price: $395,000
List Price: $400,000
Status: CLOSED
MLS#: 24167451
Closing Date: Jun 24, 2026
Year Built: 1865
Bedrooms: 8
Bathrooms: 4
Acres: 0.23
Living Area: 3,203

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Property Description

Don't miss this value-add 4-family property ideally located just minutes from downtown Norwich. This is a prime opportunity for investors looking to expand their portfolio or execute a BRRRR or fix-and-flip strategy. The property features separate utilities for each unit, keeping expenses streamlined and tenant accountability high. Three units are currently occupied by long-term, reliable tenants, providing immediate cash flow, while the fourth unit is vacant and ready for renovation-perfect for increasing rents and forcing appreciation. This property offers strong upside potential. Cash, hard money, or rehab loan only - will not qualify for conventional or FHA financing. Whether you're looking to renovate and refinance or reposition and sell, this is a solid opportunity in a growing rental market. Sold as-is. Showings with 24-48 hour notice. Part of 10+ building portfolio. Ability to Package Properties for quick portfolio scaling!

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Additional Information

Taxes: $9,486
Lot Size: 10,018
Heating: Baseboard
Cooling System Type: None
Water Source: Public
Basement: Full
Elementary School: Per Board of Ed
High School: Per Board of Ed