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11-Unit Multifamily Portfolio
For Sale
Contact for pricing
Pending

39-41 Cliff St, Norwich, CT 06360

Adjacent multifamily buildings feature renovated interiors, updated mechanical systems, and exterior improvements across a consolidated investment offering.

Property SizeContact for details
Days on Market130

Property Features for 39-41 Cliff St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 11

Building Details

Buildings 3
Listing Agency: EXP Realty
Listed By: Michael Doherty · License #Connecticut RES: 0814339
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 31 at 12:55AM

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 EXP Realty

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises three adjacent buildings with a combined 11 units at 39 Cliff Street, 45 Cliff Street, and 51 Cliff Street. The properties have received ongoing capital improvements, including interior renovations, electrical work, exterior upgrades, and new combi boilers. These improvements provide a refreshed physical profile across the portfolio and address key building systems.

Most units place utility responsibility with tenants. The offering brings together three separate assets in one contiguous group, with 4 units at both 39 Cliff Street and 45 Cliff Street, plus 3 units at 51 Cliff Street. Active management and continued property investment have supported consistent operations across the buildings.

Key Highlights

  • Three adjacent multifamily buildings totaling 11 units
  • Unit mix includes 4 units at 39 Cliff Street, 4 units at 45 Cliff Street, and 3 units at 51 Cliff Street
  • New combi boilers installed across the portfolio

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Storage Facility 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

11
Residential units

Location Intelligence

Trade Area within ½ mile

798
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?
Multifamily property - Adjacent multifamily buildings feature renovated interiors, updated mechanical systems, and exterior improvements across a consolidated investment offering.
Where is this multifamily property located?
The property is located at 39-41 Cliff St Norwich, CT.
What are key features of this property?
This property features: Three adjacent multifamily buildings totaling 11 units; Unit mix includes 4 units at 39 Cliff Street, 4 units at 45 Cliff Street, and 3 units at 51 Cliff Street; New combi boilers installed across the portfolio
(860) 313-0700 Call to check price and availability
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