#24102803, Emilio Encarnacion, Listing office: Real Broker CT, LLC

15 Platt Ave Norwich, CT 06360
Property details
About 15 Platt Ave
This is a fully stabilized 21 unit portfolio with an in-place ROI of 13%. Portfolio is rented at 86% of full market rates, so though it is rented strongly, it does have a 14% upside. At full market rates, this turn key portfolio yields an impressive 21% ROI and $120k Net Cash Flow after all expenses and debt service. The portfolio consists of (2) four families, (1) 5 unit multifamily, (2) three families and (1) two family property. The properties feature tenant paid utilities and a mix of on and off street parking.
Highlights
Summary
- Full Bathrooms: 5
- Basement: Yes
- Total Bedroom Count: 10
- Attached Garage: No
- Private Pool: No
- Parking: None
- Heating: Baseboard
- Cooling: None
- List Price: $2,295,000
- Price/SqFt: $935
- Annual Tax Amount: $5,955
- Tax Year: 2024
- Lot: Level
- Directions: Call Agent
- Year Built: 1890
- Living Area: 2,453 SqFt
- Lot Size: 0.29 Acres
- MLS Number: 24093110
- Office Name: VC Property Group, LLC
- Office Phone: (860) 300-3102
- Office Email: anthony.velez@vcpropertygrp.com
- Listing Agent: Anthony Velez
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Last updated on: 6/20/2025, 6:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,295,000
15 Platt Ave
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 28, 2023 | Home Sold | $222,750 |
Sep 14, 2021 | Home Sold | $90,000 |
Jun 07, 1996 | Home Sold | $30,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $155,900 | $5,955 |
2023 | $86,000 | $4,183 |
2022 | $86,000 | $4,169 |
2021 | $86,100 | $4,188 |
2020 | $86,000 | $4,168 |
2019 | $86,000 | $4,127 |
History based on county public records data.
Nearby schools
4
John B. Stanton School
Public District KG-5
1.7 mi
•386 New London Tpke
4
Uncas Elementary School
Public District KG-5
1.9 mi
•280 Elizabeth Street Ext
3
Samuel Huntington School
Public District KG-5
1.9 mi
•80 W Town St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,836. The majority of Norwich, CT residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 15 Platt Ave
The listing price of 15 Platt Ave property is $2,295,000.
The property 15 Platt Ave is a multi located in Norwich, Connecticut, 06360.
Active Listing: 15 Platt Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 15 Platt Ave are: John B. Stanton School (GreatSchools Rating 4/10), Uncas Elementary School (GreatSchools Rating 4/10), Samuel Huntington School (GreatSchools Rating 3/10), Kelly Steam Magnet Middle School (GreatSchools Rating 3/10), Teachers' Memorial Global Studies Magnet Middle School (GreatSchools Rating 3/10), Integrated Day Charter School (GreatSchools Rating 5/10), Norwich Free Academy (GreatSchools Rating 3/10), Norwich Technical High School (GreatSchools Rating 7/10), Three Rivers Middle College Magnet School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $5,955 (source: MLS/based on county public records data).
The last sale was on March 28, 2023 for $222,750 (source: MLS/tax record).
The property 15 Platt Ave is 2,453 SqFt (source: MLS/tax record).
The year of construction for 15 Platt Ave is 1890.
This home is located at 15 Platt Ave in Norwich, CT and zip code 06360. This 2,453 square foot home, which was built in 1890, sits on a 0.29 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $2,295,000.
Norwich, CT housing market in May 2025 saw over 22 listings sold above listed price, more than 4 sold at listed price and over 10 sold below. The number of listings in Norwich, CT decreased by 1.2% between April and May 2025. In May 2025, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $269,950.