Anthony Velez

Norwich CT Residential Income for Sale

This is a stabilized 19 unit portfolio with an in-place ROI of 11%. Portfolio is rented at 86% of full market rates, so though it is rented strongly, it does have 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.

Norwich CT Home for Sale

Welcome to 28 Perkins Avenue, a proudly maintained corner-lot home located in one of Norwich's most desirable and walkable neighborhoods. Surrounded by late-19th and early-20th century architecture, this area is known for its historic charm and rare architectural details that make each home truly unique. This spacious residence offers 2,270 finished square feet, including four bedrooms, two full bathrooms, large living room, formal dining room, kitchen, and a detached two-car garage. The home blends classic craftsmanship with valuable modern updates. Step onto the brand-new front porch, rebuilt with pressure treated lumber, and enter an interior featuring hardwood floors throughout, granite kitchen countertops, and solid wood kitchen cabinetry. Architectural purists will appreciate the original long-grain Southern pine fluted trim with rosettes, built-in cabinetry, and multiple fireplaces that preserve the warmth and charm of the era. Functionality meets convenience with first-floor laundry, a newer wall-hung high-efficiency Navien gas boiler, and a basement equipped with three workbenches and a utility wash sink-ideal for projects, storage, or hobby space. One of the property's most compelling features is the full-size walk-up attic, offering approximately 700 square feet of additional value-add potential.

Chester CT Residential Income for Sale

Located in the Town of Chester, this mixed-use property presents a rare opportunity to acquire a distinctive asset in one of Connecticut's most desirable markets. As it stands, the property consists of approximately 5,000 square feet of commercial space, including one loading dock, three (3) garages, and an oversized on-site parking lot, supporting a wide range of operational and occupancy needs. The commercial component is currently configured as a combination of studio/gallery space, storage, and warehouse-style areas, broken down into six (6) clearly defined spaces, and features 10+ foot ceiling heights well suited for creative production, exhibition, fabrication, or light industrial-style use. In addition, the property includes two (2) existing 2-bedroom residential apartments, offering flexibility for live/work, income-producing, or owner-occupant scenarios. The improvements are situated on over 2 acres of land, and a defining feature of the property is its natural and scenic environment. Waterhouse Brook flows directly through the site, creating a tranquil backdrop, while the property enjoys a line of sight toward Gillette Castle, adding to its distinctive character and long-term appeal. The property has an ownership history linked to the late, renowned conceptual artist Sol LeWitt and served as his first warehouse facility in Chester, supporting the storage and handling of artwork during the early period of his time in the region. Consistent wit

Norwich CT Home for Sale

Welcome to 5 Atlantic Avenue, a charming ranch-style home set well back from the road on a beautifully wooded lot in Norwichtown. The property offers exceptional privacy, with mature trees and natural vegetation surrounding the home, creating a peaceful buffer between you and neighboring houses. This single-level ranch features 1,056 square feet of efficient living space, including three bedrooms, one full bathroom, and a half bath. Inside, the home offers hardwood flooring throughout, an updated kitchen with granite countertops, and the convenience of a first-floor laundry room. The full, unfinished basement provides ample storage and future expansion potential. Outside, the property shines. The home sits on nearly one acre of land, complete with a wide, flat front lawn, a large driveway with plenty of off-street parking, and an attached two-car garage with a workbench. Behind the home, two rear decks overlook a quiet wooded area and a small stream, offering a serene backdrop with no flood insurance required. Nestled among mature trees and set back from the street, this home offers the privacy of country living while remaining just minutes from local conveniences. Whether you're seeking a move-in-ready primary residence or a low-maintenance investment, 5 Atlantic Avenue delivers comfort, space, and exceptional seclusion.

Norwich CT Residential Income for Sale

Charming Three-Family Home Along the Scenic Heritage Trail Set along the picturesque Heritage Trail with tranquil views of the Yantic River, this distinctive three-family home captures the essence of timeless New England architecture. Blending stone and shingle craftsmanship with modern versatility, it offers both income potential and the opportunity for immediate owner occupancy. The property features a stately exterior framed by beautiful landscaping and a large, park-like yard, creating a peaceful retreat just moments from town. Mature trees and flowering plants surround the home, providing color and privacy throughout the seasons. A two-car detached garage and extended driveway offer convenience and ample parking. Each unit showcases spacious layouts and abundant natural light. The property offers updated mechanicals, a newer roof and on-site laundry room. There is an additional in-law suite which offers the potential for additional rental income, could be a great short term rental. Perfectly positioned along one of the area's most scenic routes, this property offers the rare combination of historic appeal, modern livability, and investment opportunity-all within walking distance to trails, parks, and downtown amenities. Call Today, this won't last long!!

Norwich CT Residential Income for Sale

Motivated Seller!! Offered at $1,975,000 - Bottom Line - this stabilized multifamily portfolio consists of 18 units across 5 buildings, plus a multifamily infill redevelopment opportunity that provides significant upside beyond the current in-place 9% ROI. The portfolio includes: 681 N Main Street (4 units) 20 North A Street (4 units) 37 South B Street (3 units) 102 Boswell Avenue (5 units) 72 North Main Street (2 units) 15 Platt Avenue - Multifamily Redevelopment Opportunity (Former 3-Family) The income-producing assets are approximately 90% of pro forma, offering investors strong day-one cash flow with limited operational lift. Remaining upside is achievable through modest rent optimization and continued professional management. Upon full stabilization, the portfolio is projected to generate an estimated 14% fully burdened ROI, not accounting for the resale or redevelopment of the multifamily lot.

Norwich CT Residential Income for Sale

ADD VALUE opportunity with a $1,050,000 ARV. Come see this 9 unit property this Wednesday, 8/21, from 11am to noon, where full access to the entire property will be provided. This is a legal 9 unit building with off street parking that is currently unoccupied. 5 of the 9 units require a complete rehab and the remaining 4 are in fair to good condition. There is a full height, walk-up attic providing additional opportunity to drive value north of $1.2 million. This opportunity leaves an investor well positioned to maximize property value and cash flow as quickly as possible, since the property will convey free of all tenants. The seller is motivated, so be sure to stop by this Wednesday and bring all offers. Wednesday (8/21) from 11am to noon. Norwich is a city benefiting from an increasing population, a 10% YOY rental growth, and a 3% vacancy rate in the multifamily sector. An area seeing a significant amount of development due to its close proximity to Foxwoods and Mohegan casinos. One of CT's largest employers, Electric Boat, in nearby Groton, Ct just hired over 5,000 new employees as part of a $1.3 billion contract modification recently secured with the US Navy to manufacture their fleet of next generation submarines.

Waterbury CT Commercial Sale for Sale

All units have the same layout consisting of two bedrooms, one and a half bathrooms, and a porch. Despite the attractive unit mixes, they are rented for only 50 percent of the current market value. Half of the units have semi-finished basements in place of an attached garage, but all units have laundry hookups on that bottom most level. The proforma rents in place will yield over a 15 return on investment assuming an $850,000 purchase price, 75 percent loan-to-value, 25 year amortization, and 6.5 percent interest.

Hartford CT Commercial Sale for Sale

264 Farmington Avenue is a prominent brick asset situated on a corner lot with enough parking for all units and then some! An exclusive parking lot in the front of the building, heavy foot and car traffic, and a large tenant population in the surrounding area has helped maintain the Green Apple Grocery store as an anchor tenant for over 15 years. The second commercial unit is currently occupied by the owner as an office, but it has a full bathroom and can be outfitted for a variety of other business needs. Central heating systems, towering 9-foot tall ceilings, and spacious residential units provide ample square footage to achieve proforma rents between $1,400-$1,800 per month. Fill or occupy the office, keep the Green Apple on their current lease, and pursue an attainable lease-up strategy for the residential units and this property will yield a 123k NOI and 14% Return.

Waterbury CT Residential Income for Sale

All units have the same layout consisting of two bedrooms, one and a half bathrooms, and a porch. Despite the attractive unit mixes, they are rented for only 50 percent of the current market value. Half of the units have semi-finished basements in place of an attached garage, but all units have laundry hookups on that bottom most level. The proforma rents in place will yield over a 15 percent return on investment assuming an $850,000 purchase price, 75 percent loan-to-value, 25 year amortization, and 6.5 percent interest.

Norwich CT Residential Income for Sale

The VC Property Group is proud to present this High Yield Investment Opportunity consisting of 6 properties in Norwich, Ct. The portfolio is comprised of 18 two bedroom units, 3 one bedroom units and a studio apartment. The offering is made up of two 4-families, two 3-families, one 2-family and one 5 unit property. All utilities are separate and tenant paid, with a mix of on and off street parking. This is a turn-key portfolio that yields an 18% ROI at full market rents. Price reduction the result of multiple properties taking contract on an individual basis.

Norwich CT Commercial for Sale

The VC Property Group is proud to present this High Yield Investment Opportunity consisting of 8 properties in Norwich, Ct. The portfolio is comprised of 24 two bedroom units and an additional 7 studio/one bedroom units. All utilities are separate and tenant paid, with a mix of on and off street parking. This is largely a turn-key opportunity that yields an 18% ROI at full market rents, but does have a couple add value components. Access is limited due to the shear size of the portfolio, however, several open showings will be made available over the first couple weeks to provide interested parties ample opportunity to view a representative sample of the portfolio.

Norwich CT Residential Income for Sale

The VC Property Group is proud to present this High Yield Investment Opportunity consisting of 2 properties in Norwich, Ct. The portfolio is comprised of 9 units, 6 two bedrooms, 2 one bedrooms, and a studio. The offering is made up of a 4-family and 5 unit property. All utilities are separate and tenant paid, with a mix of on and off street parking. This is a value add opportunity with an estimated $1,000,000 ARV, yielding a 30% ROI once fully stabilized. Based on an assumed repair budget of $225k, properties will yield an estimated $175k net profit at full ask in a flip scenario assuming a 6 month hold, or an 85% Effective LTV in a buy and hold scenario. VC Property Group's capital markets team is able to broker bridge/rehab financing up to 90% LTV + 100% Rehab for qualified, experienced investors. Disclaimer: All financials and estimates detailed above have been derived by VC Property Group using industry standard underwriting and property valuation practices, but all buyers must conduct their own due diligence and independently verify all financial details themselves prior to purchase. Viewing this Saturday, Feb 1, from 1 to 2pm. We will begin tour at 39 Fairmount St, Norwich, Ct

Hartford CT Residential Income for Sale

This three family home in the South End of Hartford provides ample cash flow to secure a loan at entry. All of the units have three bedrooms, one bathroom, and at least two parking spaces that are rented well, but can be increased by another $200 per unit. The second floor bathroom was recently redone, but the roof and siding need to be replaced along with some water damaged sheet rock. A total of $4,200/ month in rental income will help offset renovation expenses for a new owner.

Torrington CT Residential Income for Sale

Great investment opportunity for both primary homeowners and investors. This 3-family property consists of three 2 bedroom apartments, with one vacant unit, making this a great opportunity for a primary homeowner. This property yields a 15% return at full market values. The property also features updated electric panels, off-street parking, a new roof, and tenant paid utilities.

Deep River CT Commercial Sale for Sale

EXCITING NEWS, ARV has increased to $1.7 MILLION!!! We met with the town's building inspector and fire marshal for an on-site assessment, and they have expressed interest in seeing the 3rd Floor "Penthouse" get developed into rentable living space. The town needs about 30 days from application and submission of site plans to review the addition for approval. Pre-existing zoning regulations have been adjusted allowing the semi-finished third floor to be converted into a livable penthouse suite, and these revisions took effect on April 17, 2025. What's so great about this, is that we can now broker bridge financing that cuts the required down payment in HALF, for a total estimated Cash to Close of $230k. The beautiful new Penthouse suite will generate an additional $3,750 per month in rental income, pushing the ARV to $1.7 MILLION. This is a once in a life-time opportunity to purchase a Class B asset with very little down and potentially TAKE ALL OF YOUR CASH OUT OF THE DEAL upon closing the back end refinance, not to mention the 19% yearly return. DO NOT MISS OUT ON THIS EXTRAORDINARY OPPORTUNITY.

Norwich CT Residential Income for Sale

This is a fully stabilized 21 unit portfolio with a current ROI of 10%. Portfolio is rented at 85% full market rent, so though it is rented strongly, it does have a 15% upside. At full market rates, this turn key portfolio yields an impressive 18% ROI and $107k 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.

New Britain CT Residential Income for Sale

Large 4 Family property perfect for a primary home owner, as it currently has a spacious 1 bedroom vacancy that is in great condition. Separate tenant paid utilities and plenty of parking for 2 cars per unit. The Proforma Net Cash Flow is $12k, so it makes for a great investment as well.

Middletown CT Residential Income for Sale

This four unit brick building sits on a corner lot within very close proximity to downtown Middletown. A vacant commercial space on the ground level provides a potential owner operator with tremendous opportunity. Three residential units fill the upper two floors including a one bedroom, two bedroom, and three bedroom apartment. The commercial space was once operated as a bar/restaurant and consists of a bar area, main dining room, kitchen, and a half bathroom. The units will be conveyed mostly vacant allowing a buyer to start renovations immediately. We project an ARV of $480,000.

Norwich CT Residential Income for Sale

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.

Deep River CT Commercial Sale for Sale

This is a rare opportunity to acquire a stabilized retail asset with recent CAP ex renovations in Downtown Deep River. Inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. Upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1M. For well qualified buyers we project an 80% LTV for the commercial bridge loan acquisition. The income potential, walkability, and quintessential New England charm of this downtown strip are all important considerations for small business owners. For non owner-operator investors those same qualities help to provide stable returns and ease of management.

Deep River CT Residential Income for Sale

The walkability and quintessential New England charm of this downtown strip are all important considerations for small business owners and tourists alike. This is a rare opportunity to acquire a stabilized retail asset with recent CAP ex renovations on Main Street in Deep River. Inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. Upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1M. For well qualified buyers we project an 80% LTV for the commercial bridge loan product.

Norwich CT Residential Income for Sale

Great investment opportunity to acquire a fully occupied 5 unit multifamily in one of CT's highest yield multifamily markets. Property yields a 15% ROI at entry, with a 21% ROI proforma and being offered at a 10 CAP. The current, gross monthly rent is $6,320. This is an absolute money maker priced to move quickly.

Norwich CT Residential Income for Sale

INVESTORS TAKE NOTICE Beautiful 3 Family in heart of Norwich's historic district, right across from St. Patrick Cathedral. Property features (1) 4 Bedroom and (2) 2 Bedroom units, with in-unit laundry and tenant paid utilities. There is also a partially finished 4th unit that is framed out as a large 3 bedroom unit with electric and pluming, which is a massive add value opportunity. This property features all the features you want to see in a multifamily investment. The lot also features a large parking lot and 4 car garage, providing opportunity for an additional income source. Great investment opportunity, with the add value opportunity of adding that 4th unit. DAY 1 yields ~ $1,500 in NET profit after all expenses and mortgage payment, with a 20%+ Proforma ROI. Call today, this won't last long.

Norwich CT Residential Income for Sale

SHOWSTOPPING 4 Family in a desired neighborhood. This property has been GUT-RENOVATED from top to bottom, complete with designer finishes, air conditioning, in-unit laundry, large parking lot and tenant paid utilities. You've likely NEVER seen a higher quality multifamily property in the CT market. The property is fully occupied with a gross income of $6,100 per month. Don't Miss Out

Norwich CT Residential Income for Sale

What a gem, and in one of the most highly desired neighborhoods in New London County. This 6 unit apartment building has been beautifully renovated with finishes that rival many luxury single families. Property features off-street parking, in-unit laundry, tenant paid utilities and designer finishes. There's an in-place 12% ROI, which is unheard of for such a beautifully renovated asset, so don't miss out.

Norwich CT Residential Income for Sale

Welcome to this beautiful, architectural gem near Downtown, in one of the most desired neighborhoods in New London County. The property consists of four 2 Bedroom units yielding ~$6k per month, with strong upside. There is a detached 2 car garage, brand new combo heat/hot water systems for all 4 units and a large parking lot with more than enough parking for all tenants. All utilities are tenant paid, and property is fully occupied.

Norwich CT Residential Income for Sale

PRICE REDUCTION!! IN-PLACE 15% ROI at full ask, which is unheard of for such an exquisite build-out, that just so happens to be in one of the most highly desired neighborhoods in New London County. This 6 unit apartment building has been beautifully renovated with finishes that rival many luxury single families. Property features off-street parking, in-unit laundry, tenant paid utilities and designer finishes. Call Today!!

Norwich CT Residential Income for Sale

Welcome to one of the most beautifully finished multifamily properties on the market - located in one of Connecticut's most desirable multifamily neighborhoods. This fully remodeled 4-family property features high-end designer finishes across all four units, making it truly stand out from the competition. Each residence is equipped with custom-built kitchen cabinetry, granite countertops, in-unit washer/dryers, dishwashers, and central air. All utilities are tenant paid, and the property features a large parking lot at the rear of the house with ample parking for all tenants. There is an in-place gross monthly rent roll of $7,000 and a Proforma ROI of 18%. This property offers a rare turn-key opportunity in a high-demand market. Don't miss your chance - call today to schedule a private showing.

Norwich CT Residential Income for Sale

PRICE REDUCTION!! IN-PLACE 16% ROI at full ask, which is unheard of for such an exquisite build-out, that just so happens to be in one of the most highly desired neighborhoods in New London County. This 6 unit apartment building has been beautifully renovated with finishes that rival many luxury single families. Property features off-street parking, in-unit laundry, tenant paid utilities and designer finishes. Call Today!!

Norwich CT Residential Income for Sale

Welcome to one of the most beautifully finished multifamily properties on the market - located in one of Connecticut's most desirable multifamily neighborhoods. This fully remodeled 4-family property features high-end designer finishes across all four units, making it truly stand out from the competition. Each residence is equipped with custom-built kitchen cabinetry, granite countertops, in-unit washer/dryers, dishwashers, and central air. All utilities are tenant paid, and the property features a large parking lot at the rear of the house with ample parking for all tenants. There is an in-place gross monthly rent roll of $7,000 and a Proforma ROI of 18%. This property offers a rare turn-key opportunity in a high-demand market. Don't miss your chance - call today.

Norwich CT Residential Income for Sale

Charming Three-Family Home Along the Scenic Heritage Trail Set along the picturesque Heritage Trail with tranquil views of the Yantic River, this distinctive three-family home captures the essence of timeless New England architecture. Blending stone and shingle craftsmanship with modern versatility, it offers both income potential and the opportunity for immediate owner occupancy. The property features a stately exterior framed by beautiful landscaping and a large, park-like yard, creating a peaceful retreat just moments from town. Mature trees and flowering plants surround the home, providing color and privacy throughout the seasons. A two-car detached garage and extended driveway offer convenience and ample parking. Each unit showcases spacious layouts and abundant natural light. The property offers updated mechanicals, a newer roof and on-site laundry room. Perfectly positioned along one of the area's most scenic routes, this property offers the rare combination of historic appeal, modern livability, and investment opportunity-all within walking distance to trails, parks, and downtown amenities. Call Today, this won't last long!!

Norwich CT Residential Income for Sale

Welcome to one of the most beautifully finished multifamily properties on the market - located in one of Connecticut's most desirable multifamily neighborhoods. This fully remodeled 4-family property features high-end designer finishes across all four units, making it truly stand out from the competition. Each residence is equipped with custom-built kitchen cabinetry, granite countertops, in-unit washer/dryers, dishwashers, and central air. All utilities are tenant paid, and the property features a large parking lot at the rear of the house with ample parking for all tenants. With market rents over $2,000 for such quality units in this neighborhood, the return would be north of 16%. This property offers a rare turn-key opportunity in a high-demand market. Don't miss your chance - call today.

Middletown CT Residential Income for Sale

Two side by side two families in Middletown! One newly renovated and vacant first floor unit at 207 E Main Street features higher end finishes and is move in ready! These properties are easy to manage and have easy access to the Route 9 corridor. Only lease up is required to achieve over a 20% return on investment.

Norwich CT Home for Sale

Welcome to 5 Atlantic Avenue, a charming ranch-style home set well back from the road on a beautifully wooded lot in Norwichtown. The property offers exceptional privacy, with mature trees and natural vegetation surrounding the home, creating a peaceful buffer between you and neighboring houses. This single-level ranch features 1,056 square feet of efficient living space, including three bedrooms, one full bathroom, and a half bath. Inside, the home offers hardwood flooring throughout, an updated kitchen with granite countertops, and the convenience of a first-floor laundry room. The full, unfinished basement provides ample storage and future expansion potential. Outside, the property shines. The home sits on nearly one acre of land, complete with a wide, flat front lawn, a large driveway with plenty of off-street parking, and an attached two-car garage with a workbench. Behind the home, two rear decks overlook a quiet wooded area and a small stream, offering a serene backdrop with no flood insurance required. Nestled among mature trees and set back from the street, this home offers the privacy of country living while remaining just minutes from local conveniences. Whether you're seeking a move-in-ready primary residence or a low-maintenance investment, 5 Atlantic Avenue delivers comfort, space, and exceptional seclusion.

Middletown CT Residential Income for Sale

ADD VALUE ALERT! This mixed use asset is offered at $299,000 with an estimated renovation budget of $120,000. Once renovations have been completed, all four units will generate $7,000 in monthly income supporting an after repair value of at least $480,000. The building sits on a corner lot within very close proximity to downtown Middletown. A vacant commercial space on the ground level provides a potential owner operator with tremendous opportunity to add value to their existing business or start anew. The commercial space was once operated as a bar and restaurant combo consisting of a bar area, main dining room, kitchen, and a half bathroom. Three residential units fill the upper two floors including a one bedroom, two bedroom, and three bedroom apartment. The units will be conveyed vacant allowing a buyer to start renovations immediately.

Norwich CT Residential Income for Sale

Charming Three-Family Home Along the Scenic Heritage Trail Set along the picturesque Heritage Trail with tranquil views of the Yantic River, this distinctive three-family home captures the essence of timeless New England architecture. Blending stone and shingle craftsmanship with modern versatility, it offers both income potential and the opportunity for immediate owner occupancy. The property features a stately exterior framed by beautiful landscaping and a large, park-like yard, creating a peaceful retreat just moments from town. Mature trees and flowering plants surround the home, providing color and privacy throughout the seasons. A two-car detached garage and extended driveway offer convenience and ample parking. Each unit showcases spacious layouts and abundant natural light. The property offers updated mechanicals, a newer roof and on-site laundry room. Perfectly positioned along one of the area's most scenic routes, this property offers the rare combination of historic appeal, modern livability, and investment opportunity-all within walking distance to trails, parks, and downtown amenities. The 1st floor apartment has a large, basement level in-law suite, complete with a full kitchen, bath, living room and SEPARATE entrance. Could potentially make for a very lucrative Airbnb space with the casinos only about 10 minutes away Call Today, this won't last long!!

Norwich CT Residential Income for Sale

Offered at $2,150,000, this stabilized multifamily portfolio consists of 18 units across 5 buildings, plus a multifamily infill redevelopment opportunity that provides significant upside beyond the current in-place 9% ROI. The portfolio includes: 681 N Main Street (4 units) 20 North A Street (4 units) 37 South B Street (3 units) 102 Boswell Avenue (5 units) 72 North Main Street (2 units) 15 Platt Avenue - Multifamily Redevelopment Opportunity (Former 3-Family) The income-producing assets are approximately 90% of pro forma, offering investors strong day-one cash flow with limited operational lift. Remaining upside is achievable through modest rent optimization and continued professional management. Upon full stabilization, the portfolio is projected to generate an estimated 14% fully burdened ROI, not accounting for the resale or redevelopment of the multifamily lot.