259 Yantic St
Overview
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!
Details
General
- Type
- Multi-family
- Bedrooms
- 8
- Bathrooms
- 4 full
- Square footage
- 3,203 sq. ft.
- Lot size
- 10,018 sq. ft.
- Year built
- 1865
- Pool
- No
Listing information
- MLS #
- 24167451
- APN
- 2035079
- Listing provided by
- Matthew Santurri, Byrnes Real Estate Company
- Sold By
- Joseph Malerba, eXp Realty
- Attribution Contact
- (508) 320-6008
- Status
- Sold
Location
- Neighborhood
- Yantic
- County
- New London
- Address
- 259 Yantic St, Norwich, CT 06360