119 Williams Street
Norwich, CT 06360
$550,000 - Norwichtown
Vacant three-family investment opportunity offering two three-bedroom units and one two-bedroom unit, providing a total of eight bedrooms plus bonus rooms across approximately 2,964 square feet. With all three units currently vacant, a new owner has the flexibility to establish new leases and implement their preferred management strategy from day one. Once fully leased this asset will yield a 22% cash on cash return at full ask. Built in 1870 and situated on approximately 0.23 acres, this property offers public water/sewer, electric/gas heat and hot water, city trash pickup and 1:1 parking.
| Listing Id: | 24212041 |
|---|---|
| List Price: | $550,000 |
| Property Type: | Multi Family |
| Property Sub Type: | 3 Family |
| Status: | Active |
| Bank Owned Property: | No |
| Beds Total: | 8 |
| Baths Full: | 4 |
| Living Area Sqft Per Public Record: | 2,964 |
| Property Tax: | $5,959 |
| Acres: | 0.23 |
| Style: | Units on different Floors,3sides - Units Are Side-by-Side |
| Direct Waterfront Yn: | No |
| City: | Norwich |
| Neighborhood: | Norwichtown |
| County: | New London |
| Postal Code: | 06360 |
| Year Built: | 1870 |
| Total Number Of Units: | 3 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Assessed Value: | $174,500 |
| Attic Description: | Walk-In |
| Attic Yn: | Yes |
| Basement Description: | Yes |
| Basement Description: | Full |
| Baths Total: | 4 |
| Comp Only Manual Yn: | No |
| Cooling System: | Wall Unit |
| Current Price: | $550,000.00 |
| Directions: | see listing office |
| Display Fair Market Value Yn: | Yes |
| Elementary School: | Uncas |
| Exterior Siding: | Asbestos |
| Foundation Type: | Concrete |
| Garage & Parking: | Detached Garage |
| Garages Number: | 2 |
| Heat Fuel Type: | Electric, Natural Gas |
| Heat Type: | Steam |
| High School: | Norwich Free Academy |
| Home Owner's Assocation: | No |
| Hot Water Description: | Electric, Upright Tank |
| Listing Contract Date: | 2026-10-05 |
| Lot Description: | N/A |
| Mil Rate Total: | $34.15 |
| Status: | Active |
| New Construction Type: | No/Resale |
| Occupied By: | Vacant |
| Original List Price: | $550,000 |
| Parcel Number: | 2413770 |
| Parking Total Spaces: | 2 |
| Possession Availability: | 0 |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 778-6427 |
| Price: | $550,000 |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Description: | see listing description |
| Sq Ft Est Heated Above Grade: | 2,964 |
| Sq Ft Total: | 2,964 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2026-June 2027 |
| Total Rooms: | 20 |
| Total Rooms Multi Family: | 20 |
| Under Agreement Yn: | No |
| Waterfront Description: | Not Applicable |
| Water Source: | Public Water Connected |
| Year Built Source: | Public Records |
| Zoning: | MF |
Listing Courtesy of: VC Property Group, LLC
Listing Agent: Christian Martinez
(860) 778-6427
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Smart MLS Inc. data last updated on October 08, 2026 06:51 PM - ET
Property Last Updated: October 08, 2026 06:51 PM - ET
