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Multifamily Duplex Portfolio For Sale
For Sale
Contact for pricing
Pending

292 asylum street norwich, Norwich, CT 06360

Portfolio of 10 apartment units and 5 houses, fully leased.

Property Size10,010 SF
Days on Market178

Property Features for 292 asylum street norwich

General Information

Standard status Pending
Size 10,010 SF
Class C
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized

Building Details

Buildings 5
Stories 2
Units 10
Listing Agency: Reno Properties Group, LLC
Listed By: Dan Garofalo · License #REB.0756346
Source: Crexi
Added: Feb 25 Changed: Aug 8 Last Checked: Jul 24 at 6:38AM

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 Reno Properties Group, LLC

Investment Insights

Based on property information with market context.

A multifamily duplex portfolio is available for purchase, comprising 10 apartment units and 5 houses. The properties are fully leased. The portfolio includes properties at 11-13 Sylvester St., 54 Prospect St., 9-11 Russel Rd., and 292 Asylum St. in Norwich, CT 06360. The net operating income is $109,419. The total property size is 10010 square feet.

Key Highlights

  • Multifamily duplex portfolio offered at $1,700,000
  • 10 apartment units across 5 houses
  • Fully leased

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Repair Shop Big Box & Wholesale Store Building Supply Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

326
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?
Apartment building - Portfolio of 10 apartment units and 5 houses, fully leased.
Where is this apartment building located?
The property is located at 292 asylum street norwich Norwich, CT.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Multifamily duplex portfolio offered at $1,700,000; 10 apartment units across 5 houses; Fully leased
(860) 212-4030 Call to check price and availability
More about this property
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