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Four-Unit Income Property
New
For Sale
$570,000

44-46 Central Ave, Norwich, CT 06360

Three front apartments accompany a refreshed rear residence.

Property Size2,508 SF
Days on Market3

Property Features for 44-46 Central Ave

General Information

Standard status Active
Size 2,508 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Gross Income $72,600
Multifamily Units 4

Building Details

Building Size 2,508 SF
Year Built 1870
Listing Agency: Signature Properties of N.E.
Listed By: Leo Chomen
Source: Elliman
Added: Sep 11 Changed: Sep 12 Last Checked: Sep 13 at 5:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Properties of N.E.

Investment Insights

Based on property information with market context.

This four-unit property at 44-46 Central Ave includes three apartments positioned in the front and a separate refreshed home at the rear. The building dates to 1870 and is fully rented, with a combination of month-to-month and annual lease arrangements.

Tenants pay their own utilities, excluding sewer and water. The property is located in Norwich, Connecticut, with a Walk Score of 77, a Bike Score of 28, and a Transit Score of 34.

Key Highlights

  • Four‑unit configuration with three front apartments and one refreshed rear home
  • Fully rented property at 44‑46 Central Ave, Norwich, CT 06360
  • Tenants pay utilities other than sewer and water

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby

Demographics for 06360, CT

37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Three front apartments accompany a refreshed rear residence.
Where is this quadplex located?
The property is located at 44-46 Central Ave Norwich, CT.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Four‑unit configuration with three front apartments and one refreshed rear home; Fully rented property at 44‑46 Central Ave, Norwich, CT 06360; Tenants pay utilities other than sewer and water
More about this property
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