Thebourneteamne.com Search Results

$695,000

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.

12 Beds ⋅ 5 Baths ⋅ ACTIVE Status ⋅ 24195431 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

$255,000

Welcome to this spacious three-level condominium offering a comfortable and flexible layout with room for everyone. The lower level features a cozy recreation room with its own entrance, kitchenette, full bathroom, storage closet, and a separate laundry room with washer and dryer hookups. The second level serves as the heart of the home with a kitchen, half bathroom, combined living and dining area, and a bedroom with sliding glass doors leading to the deck. Hardwood and tile flooring continue throughout both levels. Upstairs, the third level offers a primary bedroom with a private full bathroom, washer and dryer hook-ups, a third bedroom with double closets, and an additional full bathroom. With three bedrooms, three full bathrooms, one half bathroom, abundant storage, and versatile living spaces, this condominium offers the possibility of multigenerational living and is ready to feel like home.

3 Beds ⋅ 4 Baths ⋅ COMING SOON Status ⋅ 24082660 MLS

Welcome to this spacious three-level condominium offering a comfortable and flexible layout with room for everyone. The lower level features a cozy recreation room with its own entrance, kitchenette, full bathroom, storage closet, and a separate laundry room with washer and dryer hookups. The second level serves as the heart of the home with a kitchen, half bathroom, combined living and dining area, and a bedroom with sliding glass doors leading to the deck. Hardwood and tile flooring continue throughout both levels. Upstairs, the third level offers a primary bedroom with a private full bathroom, washer and dryer hook-ups, a third bedroom with double closets, and an additional full bathroom. With three bedrooms, three full bathrooms, one half bathroom, abundant storage, and versatile living spaces, this condominium offers the possibility of multigenerational living and is ready to feel like home.

41 Palmer St Unit 26, Norwich

$245,000

This historic 5-bedroom home, built in 1850, blends old-world charm with modern updates. Sitting on a 9,583 sq ft lot. A standout feature is the expansive wrap-around porch, perfect for relaxing and enjoying the neighborhood. Recently updated Furnace, replaced all the baseboard. Energy-efficient heating system provides reliable warmth and comfort. Natural gas heating Laundry on the second floor Dual road frontage for easy access With its generous living space, classic architectural details, and modern mechanical upgrades, this property offers the best of both historic character and contemporary comfort. Property sold as is.

5 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ 24176658 MLS

This historic 5-bedroom home, built in 1850, blends old-world charm with modern updates. Sitting on a 9,583 sq ft lot. A standout feature is the expansive wrap-around porch, perfect for relaxing and enjoying the neighborhood. Recently updated Furnace, replaced all the baseboard. Energy-efficient heating system provides reliable warmth and comfort. Natural gas heating Laundry on the second floor Dual road frontage for easy access With its generous living space, classic architectural details, and modern mechanical upgrades, this property offers the best of both historic character and contemporary comfort. Property sold as is.

429 E Main St, Norwich

$169,000

Experience a remarkable piece of living history in this iconic Laurel Hill Landmark Building, originally constructed in 1912 as the home of the American Thermos Bottle Company. Converted into luxury condominiums in 1989 and proudly listed on the National Register of Historic Places, this extraordinary loft seamlessly blends industrial character with modern convenience. Soaring ceilings, dramatic two-story windows, massive exposed beams, brick walls, and an open-concept design create a light-filled, artistic living space unlike any other. The main level offers spacious living, dining, and kitchen areas, along with the convenience of an in-unit laundry room. Upstairs, the generous bedroom is complemented by a full bath, linen closet, and a versatile bonus room-perfect as a home office, fitness space, studio, or abundant storage. There is all new flooring throughout the unit including luxury vinyl plank. Fully automated blinds have also been installed. Set along the shores of the Thames River in historic Norwich, this distinctive residence offers timeless architecture, rich history, and low-maintenance living in a convenient location close to shopping, dining, entertainment, and major routes. Whether you're searching for a unique primary residence or an inspiring retreat, this is an exceptional opportunity to own an affordable luxury loft where history, character, and style come together.

1 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ 24187654 MLS ⋅ Thermos On The Thames BLDG.

Experience a remarkable piece of living history in this iconic Laurel Hill Landmark Building, originally constructed in 1912 as the home of the American Thermos Bottle Company. Converted into luxury condominiums in 1989 and proudly listed on the National Register of Historic Places, this extraordinary loft seamlessly blends industrial character with modern convenience. Soaring ceilings, dramatic two-story windows, massive exposed beams, brick walls, and an open-concept design create a light-filled, artistic living space unlike any other. The main level offers spacious living, dining, and kitchen areas, along with the convenience of an in-unit laundry room. Upstairs, the generous bedroom is complemented by a full bath, linen closet, and a versatile bonus room-perfect as a home office, fitness space, studio, or abundant storage. There is all new flooring throughout the unit including luxury vinyl plank. Fully automated blinds have also been installed. Set along the shores of the Thames River in historic Norwich, this distinctive residence offers timeless architecture, rich history, and low-maintenance living in a convenient location close to shopping, dining, entertainment, and major routes. Whether you're searching for a unique primary residence or an inspiring retreat, this is an exceptional opportunity to own an affordable luxury loft where history, character, and style come together.

68 Thermos Ave Unit 327A, Norwich

$795,000

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.

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

$410,000

*Ask list agent about the opportunity to buy 8 other properties in this portfolio* Contractors, Investors and Owner Occupants - Exceptional opportunity to own a three-family property in one of Norwich's most desirable rental locations, plus, one unit delivered vacant at closing! Situated in a strong rental market with convenient access to downtown, major employers, shopping, restaurants, and highways, this property offers both immediate income potential and owner-occupant flexibility. The property features two traditional residential units in the main building (up-and-down configuration) plus a third unit above a detached three-car garage, creating multiple income streams and attractive tenant appeal. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this versatile multi-family property offers a rare combination of flexibility, cash-flow potential, and long-term value in Norwich's thriving rental market. Don't miss this opportunity to own a high-demand multi-family property with separate utilities, off-street parking, garage space, and excellent rental upside.

6 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ 24185108 MLS

*Ask list agent about the opportunity to buy 8 other properties in this portfolio* Contractors, Investors and Owner Occupants - Exceptional opportunity to own a three-family property in one of Norwich's most desirable rental locations, plus, one unit delivered vacant at closing! Situated in a strong rental market with convenient access to downtown, major employers, shopping, restaurants, and highways, this property offers both immediate income potential and owner-occupant flexibility. The property features two traditional residential units in the main building (up-and-down configuration) plus a third unit above a detached three-car garage, creating multiple income streams and attractive tenant appeal. Whether you're looking to expand your investment portfolio or live in one unit while collecting rental income from the others, this versatile multi-family property offers a rare combination of flexibility, cash-flow potential, and long-term value in Norwich's thriving rental market. Don't miss this opportunity to own a high-demand multi-family property with separate utilities, off-street parking, garage space, and excellent rental upside.

116 Taftville Occum Rd, Norwich

$264,925

Welcome to 182 Broad Street, a move-in ready home that perfectly blends comfort, functionality, and charm. Featuring updated kitchen and bathroom, this well-maintained property has a thoughtfully designed layout that maximizes every square foot of living space. One of its standout features is the rare convenience of both a private driveway and additional on-street parking. Step outside to discover a fully fenced backyard, ideal for entertaining, relaxing, or providing a safe space for all to enjoy. The inviting front porch offers an exceptional sense of privacy, creating the perfect spot to unwind with your morning coffee or evening breeze. Pride of ownership is evident throughout this meticulously cared-for home, making it an outstanding opportunity for anyone looking for a property that's ready to enjoy from day one. Schedule your showing today.

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ 24184391 MLS

Welcome to 182 Broad Street, a move-in ready home that perfectly blends comfort, functionality, and charm. Featuring updated kitchen and bathroom, this well-maintained property has a thoughtfully designed layout that maximizes every square foot of living space. One of its standout features is the rare convenience of both a private driveway and additional on-street parking. Step outside to discover a fully fenced backyard, ideal for entertaining, relaxing, or providing a safe space for all to enjoy. The inviting front porch offers an exceptional sense of privacy, creating the perfect spot to unwind with your morning coffee or evening breeze. Pride of ownership is evident throughout this meticulously cared-for home, making it an outstanding opportunity for anyone looking for a property that's ready to enjoy from day one. Schedule your showing today.

182 Broad St, Norwich

$119,000

Investor Opportunity - Handyman Special! Bring your vision and unlock the potential in this 3-bedroom, 1-bath home set on a spacious 0.61-acre lot. This partially completed property offers a fantastic opportunity to build equity quickly and customize the home to your own style and needs. With the major groundwork already started, the finishing touches are all that stand between you and a cozy, inviting home full of character and possibility. Whether you're an investor, flipper, or buyer looking to create your dream space, this property is packed with potential and ready for its next chapter. Per the Seller, there is potential to build a multifamily unit on this property -- Buyers to do their own diligence! There may be potential to put off-street parking on Gilmour St - please refer to a map. Don't miss the chance to transform this property into something truly special! Cash or Renovation Loan eligible only.

3 Beds ⋅ 1 Baths ⋅ ACTIVE Status ⋅ 24182860 MLS

Investor Opportunity - Handyman Special! Bring your vision and unlock the potential in this 3-bedroom, 1-bath home set on a spacious 0.61-acre lot. This partially completed property offers a fantastic opportunity to build equity quickly and customize the home to your own style and needs. With the major groundwork already started, the finishing touches are all that stand between you and a cozy, inviting home full of character and possibility. Whether you're an investor, flipper, or buyer looking to create your dream space, this property is packed with potential and ready for its next chapter. Per the Seller, there is potential to build a multifamily unit on this property -- Buyers to do their own diligence! There may be potential to put off-street parking on Gilmour St - please refer to a map. Don't miss the chance to transform this property into something truly special! Cash or Renovation Loan eligible only.

111 Fifth St, Norwich

$235,000

Seller says, "Let's sell this house!" Move in ready! Comfortable 1,352 sf Colonial, single- family home built in 1963 located off of Laurel Hill; this is the first time this home is being offered for sale. Newly carpeted and freshly painted. Come take a look.

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ 24172390 MLS

Seller says, "Let's sell this house!" Move in ready! Comfortable 1,352 sf Colonial, single- family home built in 1963 located off of Laurel Hill; this is the first time this home is being offered for sale. Newly carpeted and freshly painted. Come take a look.

20 Whitaker Ave, Norwich