Norwich CT Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
7
Lot size:
0.23 Acres
Year built:
1900
Baths:
5.00
MLS#:
24067902
Subdivision:
Norwichtown

ADDITIONAL INFORMATION

Back on Market due to buyer financing. Welcome to this fantastic two-unit property in the heart of Norwich! It's got everything you need for a solid investment. Or, live comfortably in one of the apartments while renting out the other! It's in a great location, and has great income potential. The upper apartment is 2 levels with 4 bedrooms and 4 bathrooms! The neighborhood is prime Norwich - close to the Casinos, hospital, Holly Hock Island, and lots of cafes and restaurants. This property needs some work to make it shine, and may be best suited for cash purchase. Investors take notice! As-is sale. Seller will not make repairs or improvements prior to sale. MOTIVATED SELLER! SEND ALL OFFERS! Cash or hard money preferred.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.19 Acres
Year built:
1899
Baths:
2.00
MLS#:
24066772
Subdivision:
N/A

ADDITIONAL INFORMATION

Investment opportunity awaits! Spacious 2 family in the heart of Norwich! Each unit has 2 bedrooms, one full bathroom, large kitchen and living room areas. Hardwoods on the first floor and double-pane windows in the home. Appliances include oven 2 fridges, 2 oven/ranges, and washer/dryer hook-ups in the basement. Separate utilities (first floor oil heat/second floor natural gas) and public water and sewer. Walking distance to Backus Hospital and Norwich Free Academy and a short ride to 395. Come to 99 Williams and find your happy space! Property is being sold in AS-IS condition.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.06 Acres
Year built:
1875
Baths:
5.00
MLS#:
24066356
Subdivision:
N/A

ADDITIONAL INFORMATION

Fully Remodeled 5 Family in the heart of Norwich. New Roof, All New Plumbing, All new Electrical, New Service, All New Natural Gas Lines, Ne electric Hot Water Heaters, New Windows, New Kitchens, New Bathrooms, New Flooring. As close as you can get to new construction.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
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. Second floor unit is rented at $1,900/month through 2025. All separate heat & utilities with new Hot Water heaters and stainless steel appliances. 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!

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.

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.12 Acres
Year built:
1910
Baths:
2.00
MLS#:
24061334
Subdivision:
N/A

ADDITIONAL INFORMATION

Half rented 2 family, second floor is vacant and a bonus of a income producing 3 car garage. Garage is rented for $300 a month! Tenants pay their own heat, electric and hot water. Separate utilities for all 3, tenant prefers to stay and paying on time! Good income potential or owner occupied and pay your mortgage.

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.

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.

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!

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.

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.58 Acres
Year built:
1923
Baths:
3.00
MLS#:
24023169
Subdivision:
N/A

ADDITIONAL INFORMATION

Good property and investment opportunity, rented, over half acre lot, convenient to everything in Norwich, 2 car garage, plenty of parking off and on street.

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Davis E. Owen, Sr., License REB.0754414, Xome CT LLC, License REB.0790146 , [email protected], 844-400-XOME (9663), 2083 Main Street, Stratford, CT 06615


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Norwich Real Estate

The median home value in Norwich, CT is $215,000. 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 $215,000. 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 06360 has a population of 40,020. Norwich 06360 is less family-centric than the surrounding county with 16.52% 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 06360 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 06360 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.

Norwich Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    116
    30-day change

Norwich Schools and Demographics

Education near Norwich, CT

Metric City County
High School Graduates 88.73 93.04
College Degree - 2 year 8.33 8.9
College Degree - 4 year 19.53 34.56
Graduate Degree 5.53 11.84
Expenditures per Student 26,209 26,209
Students per Teacher 11.7 11.7

Elementary Schools near Norwich, CT

School Grades Students P/T Ratio ZIP
Bishop School Early Learning Center PK - PK 223 22.8 06360
Fields Memorial School PK - 08 209 9.5 06334
Franklin Elementary School PK - 08 167 12.3 06254
Integrated Day Charter School PK - 08 331 16.6 06360
John B. Stanton School KG - 05 368 16 06360
John M. Moriarty School KG - 05 390 17.8 06360
Preston Veterans' Memorial School PK - 05 261 14.5 06365
Samuel Huntington School KG - 05 373 15 06360
Thomas W. Mahan School PK - 05 283 15.9 06360
Uncas School KG - 05 250 14.5 06360
Veterans' Memorial School KG - 05 311 15.7 06360
Wequonnoc School KG - 05 236 16.4 06380

Middle Schools near Norwich, CT

School Grades Students P/T Ratio ZIP
Deborah-Tennant Zinewicz School 07 - 12 36 6.4 06360
Kelly Middle School 06 - 08 672 16 06360
Preston Plains School 06 - 08 157 15.7 06365
Teachers' Memorial Middle School 06 - 08 491 12.4 06360

High Schools near Norwich, CT

School Grades Students P/T Ratio ZIP
Norwich Free Academy 09 - 12 2,318 14.2 06360
Three Rivers Middle College Magnet School 11 - 12 61 15.3 06360

Ungraded Schools near Norwich, CT

School Grades Students P/T Ratio ZIP
* Norwich Technical High School 09 - 12 673 10.9 06360
* Virtual Learning Academy 08 - 12 12 06360
Southeast Mental Health Authority UG - UG 0 06360

Demographics near Norwich, CT 06360

Metric Zip Code City
Neighborhood Type Suburban
Population 40,020 269,131
Population Density 1,426 405
Median Age 39.3 41.4
People per Household 2.3 2.4
Median Household Income 59,791 79,040
Average Income per Capita 33,441 42,312