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#24091791, Anthony Velez, Listing Office: VC Property Group, LLC
#24093110·
Listing office: VC Property Group, LLC·
Listing agent: Anthony Velez·
Listing office phone: (860) 519-3800
$2,295,000 List price
15 Platt Ave Norwich, CT 06360
$10,000
Closing credit¹
10 beds
5 full
2,453 sqft
0.3 acres
$936 / sqft
Multi-Family
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
Home typeMulti Family
HeatingBaseboard
StatusActive
Size2,453 sqft
BasementYes
Lot size0.29 Acres
Year built1890
MLS #24093110
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) 519-3800
- Office Email: anthony.velez@vcpropertygrp.com
- Listing Agent: Anthony Velez
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Last updated on: 5/29/2025, 7:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,295,000
15 Platt Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
26%
<35k
40%
35k-100k
29%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
15%
Single, with Kids
21%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Soccer
College Basketball
Horse Races
Where do the neighbors shop?
Forever 21
Dillards
Stein Mart
Where do the neighbors go to eat?
Dominos Pizza
Logan's Roadhouse
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Hyundai
Buick
What do the neighbors listen to?
Rhythmic Contemporary Hits
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
$5,807 Closing Credit¹
#24081048, Anthony Velez, Listing Office: VC Property Group, LLC
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.
In April 2025, from all listings sold in Norwich, CT there were more than 23 sold above asking price, over 11 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Norwich, CT between March and April 2025 decreased by 0.6%.
From Rocket Homes Real Estate and based on county public records data.