Exceptional opportunity to acquire a fully renovated 4-family investment property offering premium unit quality rarely found in the market. Extensively gut renovated in 2006, the property has been meticulously maintained, with two recently renovated vacant units providing immediate lease-up potential at market rents or an ideal opportunity for an owner-occupant to offset their mortgage with rental income while moving into a recently updated apartment. The property is projected to generate $81,600 in annual gross income with an impressive 23.58% projected cash-on-cash return, making it an attractive opportunity for both investors and owner-occupants alike. All four units are in well-above-average condition, minimizing near-term capital expenditures. Additional features include off-street parking, a spacious yard, an on-site coin-operated laundry room for supplemental income, public water service with an existing on-site septic system, and strong tenant appeal. Whether you're seeking a turnkey cash-flow investment or a high-quality multifamily property with owner-occupant flexibility and long-term upside, this property delivers exceptional value.
Tantic, located between Norwich’s downtown core and the rural edges toward Preston, is a residential and semi-rural Norwich neighborhood with wooded hillsides and winding back roads. The neighborhood’s character concentrates around the meeting of Scotland Road and Tantic Road, where traffic thins and the landscape shifts to stone walls, small clearings, and long driveways. Housing reads as a mix of modest capes, ranches, and newer builds set back from the road. Mohegan Park’s trails and pond set an outdoors-first rhythm nearby. The Slater Memorial Museum and the Norwich Arts Center add a cultural counterpoint in town. Mohegan Sun and the Thames River waterfront broaden the after-hours orbit without changing Tantic’s quiet tone.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
20 total rooms
Full basement
Bedrooms
8 bedrooms
Bathrooms
4 full bathrooms
Heating & cooling
Hot water heating
Oil-fired heat (fuel tank located in basement)
Exterior features
Level lot
Vinyl siding
Home design
Multi-family property (4-family)
Construction
Frame construction
Masonry foundation
Asphalt shingle roof
Utilities
Public water connected
Septic sewer
Other
Living area per public record: 4449
Electricity and solar
View estimated energy costs and solar savings for this home
The R-20 district is a base zoning district. The R-20 district has been established to enable moderate-density single-family residential development as a principal use, in areas where adequate utilities are present to enable this pattern and density of development.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Infrastructure
Recreation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 17 days in 30 years
6/10 Wind Factor
59% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Bozrah, CT • 06334
Average low and high temperatures (°F)
34
19
37
20
52
32
61
41
69
50
80
59
84
66
80
57
74
55
65
43
54
35
40
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 52 Fitchville Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $395,000 and $585,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $395K to $585K.