myConnect
119 Williams Street, Norwich, CT
3 Family • $158,333/unit
Est. $3,253 /mo
$158,333/unit
$475,000
VC Property Group
Est. Monthly
$3,253 /mo
Vacant three-family investment opportunity offering two three-bedroom units and one two-bedroom unit, providing a total of 8 bedrooms across over 2,964 square feet. With all three units currently vacant, a new owner has the flexibility establish new leases, select tenants and implement their preferred management strategy from day one. The provided underwriting projects monthly rental income of $6,200, annual gross income of $74,400 and NOI of approximately $61,250—an estimated 11.14% pro forma cap rate at the asking price ($550,000). Built in 1870 and situated on approximately 0.23 acres, the property offers public water and sewer, gas heat and hot water, city trash pickup, split utilities and 1:1 parking. A compelling value-add opportunity for an investor seeking strong projected income and full control over the initial lease-up.
Listing last updated on October 8, 2026. Buyers should independently verify all property and financial information. Financial metrics are calculated using industry best practices but rely on listing broker inputs and assumptions. Actual results may vary.
Christian Martinez
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