18

Central Norwich Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /26

    $229,000

    • 4 Beds
    • 2 Baths
    • 3,140 Sq Ft

    183 Franklin St, Norwich, CT 06360

    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

    Agent Photo

    Melissa DiPiazza

    RE/MAX One

    (959) 210-0549

    183 Franklin St, Norwich, CT 06360
  • /21

    $389,000

    • 5 Beds
    • 2 Baths
    • 1,861 Sq Ft

    24 Central Ave, Norwich, CT 06360

    INVESTOR ALERT!! This is a perfect opportunity to own a money maker property! All it needs is a new owner! Ground floor was a barber shop at one time and can still support a business or be used for storage! Top floor has 2 bedrooms and one bath with a nice woodstove to keep it toasty during those cold winter months. The owner is also leaving EVERYTHING behind so it will be a furnished unit!

    John Edmond Coldwell Banker Realty

    24 Central Ave, Norwich, CT 06360
  • /9

    $279,000

    • 4 Beds
    • 2 Baths
    • 1,452 Sq Ft

    147 Hickory St, Norwich, CT 06360

    Great investment for a seasoned investor or just starting out. Turnkey 2 family property -- 1st floor has 2bds & 1ba with w/d hookups and access to parking in the driveway. The 2nd floor is also a 2bd 1ba with w/d hookups. Plenty of on street parking. Improvements include: new roof 2024, newer electrical and flooring. With room to increase rental value, upgrades can further boost cash flow.

    Jill Rokowski I.M.A. Realty LLC

    147 Hickory St, Norwich, CT 06360
  • /34

    $499,000

    • 7 Beds
    • 5.5 Baths
    • 4,130 Sq Ft

    287 Central Ave, Norwich, CT 06360

    Excellent investment opportunity at 287 Central Avenue in Norwich, CT! This versatile mixed-use property offers both commercial and residential space, making it ideal for owner-occupants, investors, or business owners seeking additional income. The ground floor features a spacious storefront with high visibility and steady foot traffic, perfect for retail, office, or service-based businesses.

    Kervin Figaro Five Stars Realty

    287 Central Ave, Norwich, CT 06360
  • /30

    $335,000

    • 6 Beds
    • 2 Baths
    • 2,224 Sq Ft

    51 Division St, Norwich, CT 06360

    Turnkey 2-Family Property - Remodeled & Ready to Live OR Rent --- This 2-family home is the perfect opportunity for investors or owner-occupants seeking move-in-ready living with strong rental potential. Each unit boasts 3 bedrooms and 1 bathroom with separate utilities and a private, enclosed front porch--ideal for relaxing or additional storage. Each have been updated with new flooring, fresh

    Harrison Graham IMT Realty

    51 Division St, Norwich, CT 06360
  • /27

    $65,000

    • 7 Beds
    • 2.5 Baths
    • 3,007 Sq Ft

    29 Division St, Norwich, CT 06360

    Investor Special - Duplex with Big Potential! This multi-family home is a fantastic investment opportunity. Not for the faint of heart, the property needs substantial work, but it holds incredible upside for those ready to take on a renovation project and build long-term equity or rental income.The first-floor unit features 3 bedrooms and 1 bathroom, offering a solid layout for future tenants or

    Melissa Giangrasso Signature Properties of NewEng

    29 Division St, Norwich, CT 06360
  • /40

    $300,000

    • 7 Beds
    • 3 Baths
    • 3,504 Sq Ft

    49 Freeman Ave, Norwich, CT 06360

    Don't miss this spacious 3-unit multifamily located just minutes from downtown Norwich, Mohegan Park, and Backus Hospital! This property features two generous side-by-side main floor units, each offering 1,261 SqFt of living space, plus a third lower-level unit with approximately 800 SqFt. Perfect for investors or owner-occupants looking to build equity! Each unit has separate gas and electric

    Jarrad Horsley RE/MAX One

    49 Freeman Ave, Norwich, CT 06360
  • /35

    $155,000

    • 4 Beds
    • 2 Baths
    • 2,180 Sq Ft

    36 Boswell Ave, Norwich, CT 06360

    Step into a piece of history with this grand 1886 Federal-style home, offering 4,965 square feet of space and situated on a picturesque lot overlooking Franklin Street Park. This property, full of character and charm, presents an exceptional opportunity for renovation and personalization. Whether you're looking to restore it to its original grandeur as a single-family residence or maintain its

    Tony Arruda William Pitt Sotheby's Int'l

    36 Boswell Ave, Norwich, CT 06360
  • /6

    $269,900

    • 4 Beds
    • 2 Baths
    • 1,857 Sq Ft

    445 E Main St, Norwich, CT 06360

    Beautiful two family with separate utilities. 2 bedrooms 1 bath on each floor, Natural gas heat, close to all amenities. More pictures by Saturday

    Lai Hing Metzger Madison Realty New York

    445 E Main St, Norwich, CT 06360
  • /14

    $445,000

    • 10 Beds
    • 5 Baths
    • 4,885 Sq Ft

    102 Boswell Ave, Norwich, CT 06360

    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.

    Connor Wenchell VC Property Group, LLC

    102 Boswell Ave, Norwich, CT 06360
  • /32

    $439,999

    • 5 Beds
    • 4 Baths
    • 2,392 Sq Ft

    80 Old Division St, Norwich, CT 06360

    INVESTORS TAKE NOTE RARELY available 4 unit Turnkey Investment Opportunity in Norwich. OWNER OCCUPANT possible!! Some upgrades, room for value add. Stable tenants. Off-street parking and updated interiors make this a low-maintenance addition to your rental portfolio. GOI:56,940 Expenses:9979 NOI: 46,961 11 CAP!!!!

    Robyn Letourneau Berkshire Hathaway NE Prop.

    80 Old Division St, Norwich, CT 06360
  • /28

    $359,000

    • 6 Beds
    • 3.5 Baths
    • 2,174 Sq Ft

    8 3rd St Unit 10, Norwich, CT 06360

    This side-by-side two-family home offers two spacious units, each approx. 1,100 sq ft with two floors and full basements with laundry hookups. One unit has 2 beds, 2 baths; the other has 2 beds, 1.5 baths. Both feature a finished third floor-perfect for a 3rd bedroom, office, or flex space. Enjoy a fenced yard and separate entrances. With one unit set to be delivered vacant at closing, this is

    Jason Pollard Compass Connecticut, LLC

    8 3rd St Unit 10, Norwich, CT 06360
  • /35

    $319,000

    • 4 Beds
    • 3 Baths
    • 2,556 Sq Ft

    293 Central Ave, Norwich, CT 06360

    Well cared for, turnkey Three-Family Investment Property. An excellent opportunity for investors or owner-occupants! Units 1 & 2 are 1 bedroom 1 bath and both occupied. Unit 3 is an unoccupied 2 bedroom, 1 bathroom that was recently remodeled and features gleaming hardwood floors. There's ample tandem off-street parking from 8th street side of building. All separate heat & utilities. Fire alarm

    Jill Rokowski I.M.A. Realty LLC

    293 Central Ave, Norwich, CT 06360
  • /8

    $350,000

    • 5 Beds
    • 2 Baths
    • 1,841 Sq Ft

    57 Boswell Ave, Norwich, CT 06360

    Newly remodeled investment opportunity in Norwich! Well-maintained two-family property perfect for owner-occupants or investors looking for steady rental income. One unit offers 2 spacious bedrooms, while the other features 3 bedrooms-providing flexibility and strong income potential. Each unit has separate utilities, and there's ample off-street parking. Conveniently located near schools, shops,

    Janise Gabco Our Home Realty Advisors

    57 Boswell Ave, Norwich, CT 06360
  • /22

    $260,000

    • 9 Beds
    • 3 Baths
    • 2,416 Sq Ft

    220 Franklin St, Norwich, CT 06360

    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

    Emilio Encarnacion Real Broker CT, LLC

    220 Franklin St, Norwich, CT 06360
  • /8

    $469,000

    • 8 Beds
    • 3,194 Sq Ft

    49 Boswell Ave, Norwich, CT 06360

    Newly renovated three years ago. New Retaining wall and new sewer connection to the Main sewer line in the street. Income producing! Turnkey. All units rented - $75600 Gross Income Cap Rate - 9

    Robert Bell Coldwell Banker Realty

    49 Boswell Ave, Norwich, CT 06360
  • /4

    $299,000

    • 5 Beds
    • 3 Baths
    • 2,560 Sq Ft

    313 Central Ave, Norwich, CT 06360

    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,

    Banglian Gao United Realty Plus

    313 Central Ave, Norwich, CT 06360
  • /40

    $539,000

    • 1,464 Sq Ft

    7 Otis St, Norwich, CT 06360

    2 Commercial buildings situated on 0.41 acres 1/2 mile north of downtown Norwich in an Historic District. Building 1: Total of 2,099 SF with enclosed porch. 1st Floor is 442 SF, 2 offices, 2 bathrooms and 3 car garage. 2nd Floor is 1,022 SF, with 1 1/2 bathrooms. Building 2: Total of 7,042 SF, 2 stories with full basement. First and second floor approximately 2,354 SF each. 1 1/2 baths, granite

    Connie Howard U.S. Properties Real Estate Services, LLC

    7 Otis St, Norwich, CT 06360

Why Live in Central Norwich

Sitting where the Shetucket and Yantic Rivers flow into the Thames River, Central Norwich encompasses the downtown and historic districts of Norwich, known as “The Rose of New England” for its natural beauty. “I like the historic charm,” says Kiki Sydnor, a Realtor with Re/Max One who’s sold homes in the area for nine years. “Even when I go to the municipal buildings, I'm always in awe of the architecture.” Many of Central Norwich’s homes and buildings were constructed in the 1800s and early 1900s, including Saint Patrick Cathedral, a Gothic Revival building whose bells can be heard throughout the day, and Norwich Free Academy, home to the Slater Memorial Museum. “They’re trying to do a lot of revitalization in Norwich,” Sydnor says. “They’re really trying to work with small businesses and bringing more of that into the town.” Homes are also being revitalized here, and Central Norwich is a popular place for employees of nearby casinos like Mohegan Sun and Foxwoods to rent or buy. Homes on the river’s north side were mostly built from the 1850s to the 1920s, and Queen Anne, Italianate, Greek Revival and American Foursquare houses can neighbor one another. Some sit far from the road

Home Trends in Central Norwich, CT

Housing Trends

Median Sale Price
$255,000
Median Single Family Sale Price
$267,100
Median Townhouse Sale Price
$247,000
Median 2 Bedroom Sale Price
$192,500
Median 1 Bedroom Sale Price
$137,500
Average Price Per Sq Ft
$191
Number of Homes for Sale
26
Last 12 months Home Sales
179
Months of Supply
1.70
Median List Price
$250,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
How to Buy a Home How to Finance a Home How to Sell a Home