Price Reduced 11.69%

$309,000 ($99.81 per sqft)

Est. Mortgage $1,643/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

Price History

$349,900
11/25/2024

$334,000
12/12/2024

$319,000
12/22/2024

$309,000
1/3/2025

327 Central Avenue, Norwich, CT, 06360

View larger map Directions

13 rooms

7 beds

3 Full / 1 Half baths

1850

Units on different Floors, Other

3,096 sqft

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.

Status:

Active

Type:

Multi-family

Laundry Remarks:

None

Units:

Zoning:

Garage:

None, Off Street Parking, Driveway

Heating:

Baseboard

Cooling:

None

Basement:

Full

Parking:

8-car

Acreage:

0.12

Est. Taxes:

$2,834

Assessment

$74,200

Lot Description:

Corner Lot,Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

MLS #:

24061367

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

Price Reduced!

$295,000

4 beds

3 baths

1,398 sqft

Norwich, CT, 06360

$279,900

8 beds

2 baths

2,800 sqft

155 Mathewson Street, Griswold, (Jewett City), CT, 06351

Price Reduced!

$299,900

4 beds

2 baths

1,926 sqft

Colchester, CT, 06415

Price Reduced!

$299,000

2 beds

2 baths

1,320 sqft

8 Maple Street, Norwich, CT, 06360

Price Reduced!

$289,900

4 beds

2.5 baths

1,680 sqft

25 West Coit Street, New London, CT, 06320

$299,900

6 beds

2 baths

9,191 sqft

206 Main Street, Norwich, (Franklin Square), CT, 06360

Price Reduced!

$289,000

3 beds

3 baths

1,408 sqft

114 Mathewson Street, Griswold, (Jewett City), CT, 06351

$319,990

4 beds

4 baths

2,317 sqft

116 Laurel Hill Avenue, Norwich, (Laurel Hill), CT, 06360

$325,000

4 beds

2 baths

2,772 sqft

54 12th Street, Norwich, (Greenville), CT, 06360

$299,000

2 beds

671 sqft

34 Main Street, Griswold, (Jewett City), CT, 06351

$290,000

6 beds

2 baths

2,146 sqft

257 West Main Street, Norwich, (East Great Plains), CT, 06360

$295,000

5 beds

3 baths

2,460 sqft

102 Golden Street, Norwich, CT, 06360

Price Reduced!

$285,000

4 beds

2 baths

1,890 sqft

56-58 Slater Avenue, Griswold, CT, 06351

Price Reduced!

$339,900

5 beds

2 baths

2,921 sqft

110 West Thames Street, Norwich, CT, 06360

$299,000

5 beds

3 baths

2,560 sqft

313 Central Avenue, Norwich, CT, 06360

$329,000

6 beds

4 beds

2 baths

1,820 sqft

$309,000 ($99.81 per sqft)

Price History

327 Central Avenue, Norwich, CT, 06360

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

$295,000

Norwich, CT, 06360

$279,900

155 Mathewson Street, Griswold, (Jewett City), CT, 06351

$299,900

Colchester, CT, 06415

$299,000

8 Maple Street, Norwich, CT, 06360

$289,900

25 West Coit Street, New London, CT, 06320

$299,900

206 Main Street, Norwich, (Franklin Square), CT, 06360

$289,000

114 Mathewson Street, Griswold, (Jewett City), CT, 06351

$319,990

116 Laurel Hill Avenue, Norwich, (Laurel Hill), CT, 06360

$325,000

54 12th Street, Norwich, (Greenville), CT, 06360

$299,000

34 Main Street, Griswold, (Jewett City), CT, 06351

$290,000

257 West Main Street, Norwich, (East Great Plains), CT, 06360

$295,000

102 Golden Street, Norwich, CT, 06360

$285,000

56-58 Slater Avenue, Griswold, CT, 06351

$339,900

110 West Thames Street, Norwich, CT, 06360

$299,000

313 Central Avenue, Norwich, CT, 06360

$329,000

7-9 3rd Street, Norwich, CT, 06360

New or Coming Soon Properties

$345,500

230 Bishop Street, Waterbury, (North End), CT, 06704

$339,990

56 Washington Street, New London, CT, 06320

$299,900

175 Barker Street, Hartford, (South End), CT, 06114

$345,500

225 Bishop Street, Waterbury, (North End), CT, 06704

$275,000

11 Elmwood Terrace, Torrington, (West Torrington), CT, 06790

$325,000

24-26 High Street, Putnam, (Special Service District), CT, 06260

$349,900

67 Laurel Street, East Hartford, (Burnside), CT, 06108

$269,900

40 Shelley Street, Waterbury, (East End), CT, 06705

$329,900

66 Battey Street, Putnam, CT, 06260

$330,000

26 Vine Street, New Haven, CT, 06519

$324,900

58 Beech Street, Waterbury, CT, 06704

$285,000

Hartford, (Upper Albany), CT, 06154

$280,000

30 Ashley Street, Waterbury, CT, 06704

$289,900

1402 Baldwin Street, Waterbury, CT, 06706

$340,000

12 A-C Burleson Lane, Griswold, (Jewett City), CT, 06351

$289,000

19 Bolles Street, Putnam, CT, 06260

327 Central Avenue, Norwich, CT, 06360

Your Raveis Experience

Your best can only get better...