Norwich CT Multi Family for Sale
$290,000
257 W Main Street Norwich, CT 06360
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.25 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 24065226
- Subdivision:
- East Great Plains
ADDITIONAL INFORMATION
Why rent when you can own and have help with the mortgage. Both units are month to month. Good tenants. Three bedrooms each unit. Current owner pays for heat and hot water but you can change that once owned. Plenty of parking in rear of building. Town hall has noted via phone call that property is in a commercial zoned and can be both residential units or commercial or one of each. A great opportunity for owner occupied or business occupied.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.1 Acres
- Year built:
- 1850
- Baths:
- 2.00
- MLS#:
- 24062069
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Stunning Remodeled rare Two-Family Home with two 4 Bedroom Units! This beautifully remodeled multifamily property is a rare find! Featuring a spacious 4-bedroom unit and an even larger 4-bedroom unit, both units have been thoughtfully updated with modern finishes and are freshly painted, offering a true move-in-ready experience. All separate heat & utilities with new Hot Water heaters. Enjoy the benefits of a large, private backyard, perfect for relaxing, entertaining, or creating your own outdoor oasis. Whether you're an investor or looking for a home with rental income to assist with your mortgage, this property is a smart choice. The property also features a new 50 year roof. Why rent when you can own? Don't miss this opportunity to build equity and enjoy the flexibility of multi-unit living. Schedule your viewing today!
$319,000
327 Central Avenue Norwich, CT 06360
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.12 Acres
- Year built:
- 1850
- Baths:
- 4.00
- MLS#:
- 24061367
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Attention Investors or Owner-Occupants! Multi-Family Home with Commercial Space in Norwich -This mixed-use property has a unique opportunity with 3 units -2 residential and 1 commercial. The residential units are already generating income, while the commercial space provides endless possibilities for your business or additional residential conversion. Commercial space located on the first floor, previously used as a restaurant but ready for your personal touches. It can be easily converted to suit various businesses such as a mini grocery store, beauty/barber shop, nail salon, office, or more. Separate utilities for each unit. Recent owner upgrades include: New siding, gutters, and windows. The roof is approximately 5 years old. The two-bedroom unit is fully remodeled, and the four-bedroom unit has a renovated kitchen and bathroom. The commercial space and studio unit are in need of renovation, but it has huge potential for value growth. Centrally located, just 10 minutes from Mohegan Sun Casino and 13 minutes from Foxwoods Resort Casino two of Connecticut's top entertainment destinations! The prime location makes this an attractive option for both tenants and businesses, with a strong demand for rentals and commercial ventures. This property has great cash flow potential with tenants already in place, and the commercial space gives you the flexibility to bring your vision to life. Whether you're an investor or looking for an owner-occupied opportunity.
$299,000
313 Central Avenue Norwich, CT 06360
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.13 Acres
- Year built:
- 1880
- Baths:
- 3.00
- MLS#:
- 24061843
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Investors take note, "Located in the heart of the city, 313 Central Ave offers the perfect blend of convenience and comfort. This multi-family property features, 2 units with a store front, 2nd floor is a 4 bedroom 1 bathroom apartment and the 1st floor is 1bedroom ,2 Bathroom with store front. There is big open lot with this building. You just steps away from local amenities like shops, restaurants, schools, or parks.Don't miss the chance to make this property your new home or investment property.
$245,000
36 Pearl Street Norwich, CT 06360
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.1 Acres
- Year built:
- 1875
- Baths:
- 2.00
- MLS#:
- 24054136
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Multi-family home close to town with spacious bedrooms and living space. Plenty of storage and parking. Close to all forms of transportation, schools and shopping. Come check it out today!!
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.16 Acres
- Year built:
- 1916
- Baths:
- 4.00
- MLS#:
- 24056371
- Subdivision:
- N/A
ADDITIONAL INFORMATION
This well maintained 5 unit with a former yoga studio is perfect for owner occupant or investor. All utilities are separate and tenant paid. Many of the units have been renovated. The roof is approximately 7 years old. The tenants share a rear deck and there is ample parking in rear of building as well as on street parking.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.1 Acres
- Year built:
- 1895
- Baths:
- 2.00
- MLS#:
- 24046583
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Exciting Investment Opportunity! Introducing two rental units in a storefront building with an income-generating unit and store front that is ripe for renovation. This prime property offers endless possibilities for savvy investors or business owners looking to customize a space to their needs. Don't miss out on this chance to transform this space into a lucrative venture tailored to your vision and goals.
$264,500
15 13th Street Norwich, CT 06360
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.12 Acres
- Year built:
- 1870
- Baths:
- 2.00
- MLS#:
- 24045961
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Lots of potential for this two-family! Tenants to convey. Updates include: some siding, flooring, cabinets, and maintenance to HVAC and boiler.
$299,000
8 Maple Street Norwich, CT 06360
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.06 Acres
- Year built:
- 1850
- Baths:
- 2.00
- MLS#:
- 24045198
- Subdivision:
- N/A
ADDITIONAL INFORMATION
**Beautifully Remodeled Two-Family in Norwich, CT - Turn Key Ready!** Welcome to this thoughtfully remodeled two-family home, where no detail has been overlooked. This property features two brand new studio apartments, each with over 600 sq ft of bright and open living space. Step inside to discover an open floor plan with high ceilings and vinyl plank flooring throughout, creating a seamless and spacious feel. The modern design and attention to detail make this home truly turn-key, ready for you or your tenants to move in and enjoy. Each studio apartment comes equipped with laundry hookups and efficient split systems for heating and cooling, ensuring comfort year-round. On-street parking is available. This home is ideally situated close to casinos, shopping centers, restaurants, and public transportation, making it a prime spot for both work and play. Don't miss out on this incredible opportunity to own a beautifully remodeled, income-generating property! See for yourself all that this home has to offer!
$250,000
14 Pearl Street Norwich, CT 06360
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.12 Acres
- Year built:
- 1850
- Baths:
- 2.00
- MLS#:
- 24044184
- Subdivision:
- N/A
ADDITIONAL INFORMATION
Discover the perfect project for your next real estate venture or dream home transformation! This unique multi-family stone property offers incredible potential for those with a vision. A true fixer-upper, this home invites you to bring your creative ideas and personal touch. Restore its original charm or modernize it with contemporary upgrades. Shared driveway and 3-car garage. NEW ROOF!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.12 Acres
- Year built:
- 1910
- Baths:
- 3.00
- MLS#:
- 24041826
- Subdivision:
- Greenville
ADDITIONAL INFORMATION
Investors and homebuyers alike won't want to miss out on this incredible opportunity in northern Norwich - a 3 unit home on Franklin Ave offering nearly 3,000 square feet of living space, separate entry to each unit, ample off-street parking, and a full basement for added storage. Don't let this chance slip away! New sidings, inside all Framed bring your contractor/re-development hat to this great opportunity. Estimated $150k to finish this project.
$238,000
575 E Main Street Norwich, CT 06360
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.24 Acres
- Year built:
- 1860
- Baths:
- 2.00
- MLS#:
- 24037553
- Subdivision:
- Norwichtown
ADDITIONAL INFORMATION
Rare investment property currently occupied by orderly tenants who can provide attractive cashflow to the right investor. Seller is ready to consider cash sales only. The property is well maintained, has a manicured backyard and ample parking for all tenants.
$299,900
206 Main Street Norwich, CT 06360
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.29 Acres
- Year built:
- 1928
- Baths:
- 2.00
- MLS#:
- 24028182
- Subdivision:
- Franklin Square
ADDITIONAL INFORMATION
Endless Business opportunity in historic downtown Norwich! 6000 square feet retail space, potential two three bedrooms apartments on the second floor! May be qualified for the NCDC program funding.
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Norwich Real Estate
The median home value in Norwich, CT is $260,000. This is lower than the county median home value of $320,100. The national median home value is $338,100. The average price of homes sold in Norwich, CT is $260,000. Approximately 46.57% of Norwich homes are owned, compared to 41.32% rented, while 12.11% are vacant. Norwich real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norwich real estate agent to arrange a tour today!
Norwich, Connecticut has a population of 40,020. Norwich is less family-centric than the surrounding county with 20.84% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Norwich, Connecticut is $59,791. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Norwich is 39.3 years.
Norwich Weather
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 50.7 inches per year, with 27.4 inches of snow per year.