Yantic Homes with Other Style

Welcome to Yantic, a charming neighborhood nestled in the heart of Norwich, Connecticut. This picturesque community is steeped in history and offers a unique blend of suburban tranquility and vibrant local culture. Yantic is renowned for its beautiful landscapes, featuring lush greenery and the serene Yantic River, which meanders through the area, providing residents with stunning views and a peaceful atmosphere.

In Yantic, you’ll find a diverse array of homes that cater to various tastes and lifestyles. From quaint colonial-style houses that echo the rich history of the region to modern constructions that boast contemporary amenities, there’s something for everyone. The architectural variety not only enhances the neighborhood’s charm but also reflects the community’s welcoming spirit. Many homes are set on generous lots, offering ample outdoor space for gardening, entertaining, or simply enjoying the beautiful Connecticut seasons.

Yantic is also conveniently located near local amenities, including parks, shops, and schools, making it an ideal spot for families and professionals alike. The community is known for its friendly neighbors and active involvement in local events, fostering a strong sense of belonging.

Whether you’re looking for a cozy starter home or a spacious property to grow into, Yantic has it all. With its captivating blend of history, nature, and community spirit, it’s no wonder that so many are drawn to this hidden gem in New London County. Come explore Yantic and discover your dream home in this delightful neighborhood!

Newest Yantic Homes with Other Style

$795,000

12 Beds ⋅ 6 Baths ⋅ ACTIVE Status ⋅ 24186008 MLS

Fully occupied 6-unit multifamily investment opportunity offering strong in-place cash flow and substantial embedded rental upside. The property consists of four 2-bedroom units, one 3-bedroom unit, and one 1-bedroom unit, currently generating $74,400 in annual gross income with a projected stabilized income of approximately $119,400 based on market rents. At stabilization, the asset supports a projected NOI exceeding $77,000, equating to a 9.69% cap rate and a 14.79% projected return on investment. Investors will appreciate the opportunity to significantly increase revenue through lease turnover and rent normalization rather than extensive renovations. All utilities, including electric and hot water, are separately metered and paid by tenants, with ownership responsible only for heat. Additional features include off-street parking, public water and sewer, and over 6,000 square feet of living area situated on a 0.50-acre lot. A compelling opportunity to acquire a scalable multifamily asset with strong income growth potential in one of Connecticut's most active rental markets.

265 Washington St, Norwich

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