Rare Norwich Investment Opportunity - Fully Rented 3-Family Cash Cow! Professional pictures coming soon! Welcome to 40-42 Spring Garden Ave, the only livable 3-family available in Norwich right now-a true income-producing gem. This property is fully rented and generating strong cash flow, making it an ideal turnkey investment for savvy buyers. Property Highlights: Fully rented - strong, steady income from Day 1 Well-maintained with a newer roof and updated mechanicals 2 units with oil heat (natural gas already in the building for future conversion) Coin-operated laundry in basement for extra income stream Two driveways - rare convenience for tenants and guests Close to casinos, highways (I-395/Route 32), shopping, and downtown Norwich With high rental demand and limited multi-family inventory in Norwich, this property is a prime opportunity for investors looking for solid returns and long-term growth. To see the full potential of this property, including the income/expense spreadsheet and additional financial details, reach out the listing agent today for access to the complete investor folder.
Sold for $425,000 on 11/14/25
$425,000
40 Spring Garden Avenue, Norwich, CT 06360
5beds
2,769sqft
Multi Family
Built in 1908
-- sqft lot
$425,400 Zestimate®
$153/sqft
$1,856 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 16, 2025 at 09:17pm
Listed by:
Cintia Varela (914)433-8864,
YellowBrick Real Estate LLC 203-445-6949
Bought with:
Seth Bronko, RES.0819585
RE/MAX RISE
Source: Smart MLS,MLS#: 24123152
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Steam, Electric, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater
- Laundry: In Basement, Coin Op Laundry
Features
- Basement: Full,Unfinished,Sump Pump
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,769
- Total interior livable area: 2,769 sqft
- Finished area above ground: 2,769
Property
Parking
- Total spaces: 6
- Parking features: None, Paved, Off Street, Unpaved
Features
- Has view: Yes
- View description: City
Lot
- Size: 6,098 sqft
Details
- Parcel number: 2031157
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3updown - Unit(s) per Floor
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Norwich
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$425,400
2% more+$8,508
With Zillow Showcase(estimated)$433,908