122 Yantic Road
Norwich, CT 06360

Great opportunity for Owner-Occupied OR Investor as this 4-Family property producing a solid $42,000 in Gross annual rental income that has headroom since they are below-market rates. All tenants are current on their rent and are now on month-to-month leases. That's great if you want to occupy one of the apartments yourself, however, the tenants all would like to stay if you are an investor. There's plenty of parking and maintenance is easy given all units are electric heat (no aging boilers to deal with!) and tenants pay for their own Heat/HW. There's an on-site coin-operated laundry room for all of the tenants to use. The roof is at its mid-life point being just 12 years old and the hot water heaters are an average of 5+ years old.