366 W Thames Street
Norwich, Connecticut
$299,000 Price
6 Bedrooms  

Coming Soon

Unlock the potential of this dated four-family property, perfectly positioned in a rapidly growing town. Situated near thriving casinos and an exciting new development, this property offers immense value-add potential. The building features four separate units with flexible layouts, providing various bedroom and bathroom options to suit different tenant...

Unlock the potential of this dated four-family property, perfectly positioned in a rapidly growing town. Situated near thriving casinos and an exciting new development, this property offers immense value-add potential. The building features four separate units with flexible layouts, providing various bedroom and bathroom options to suit different tenant needs. Although in need of updates, the property presents a blank canvas for modern renovations that can significantly boost rental income and property value. With a solid structure and prime location, it promises strong tenant demand due to its proximity to entertainment, dining, and new development amenities. Investors can take advantage of the high demand area, increasing rental opportunities from the influx of visitors and workers from nearby attractions. This is a rare opportunity to enhance the property's value and capitalize on the flourishing local economy and future appreciation. Parking lot found in rear of the building for tenants.

Listing courtesy of Farnam Realty Group

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Coming Soon
Norwich, Connecticut
Type: House
Price: $299,000
Re Tax: $7,767
Date Listed: 1/14/2025
Approx. sqft: 2,770 sf
Web ID: 24068721

Info & Amenities

Type: Multi Family
Rooms: 10.0
Bedrooms: 6
Bathrooms: 4.0
Built: 1890