50 Central Avenue Norwich, CT $ 405,000
50 Central Avenue
$ 405,000
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50 Central Avenue

Norwich, CT, 06360
$ 405,000
Bedrooms9 Baths3.3 Sq 3,000

Monthly Estimate*

$ 2,494

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Multi-Family Home for sale in Norwich, CT

for $405,000 with 9 bedrooms and 3 full baths, 3 half baths. This 3,000 square foot home was built in 1988 on a lot size of 0.24.

Well-Maintained 3-Family with Large Units & Solid NOI Attractive opportunity to own a 3-family multifamily property featuring three side-by-side units, each offering 3 bedrooms and 1.5 bathrooms-a highly desirable layout that supports strong rental demand and long-term tenant retention. Unit 2 has been fully renovated, showcasing new flooring, fresh paint, updated kitchen cabinets and countertops, new appliances, modern light fixtures, updated water fixtures, and a new water heater.. The remaining units offer spacious, functional layouts with excellent potential for future updates and value enhancement. A detached garage provides additional rental income or can serve as a convenient and flexible space for an owner-occupant, adding to the property's versatility. The building also offers off-street parking, a valuable amenity for tenants. With generously sized units, multiple bathrooms, side-by-side layouts, and supplemental income from the garage, this property presents a strong investment opportunity with both immediate cash flow and long-term upside. Showings to be scheduled either Tuesdays between 11AM - 2PM or Thursdays between 2PM - 6PM w/ minimum 24 hours notice. Photos of Unit 2 only. Units 1 and 3 coming shortly.

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Multi-Family Active

Price

$ 405,000

Bedrooms

9

Full Bath

3

Half Bath

3

Property Type

Multi-Family

Taxes

$ 8,049

Style

Lot Size

0.24

Year Built

1988

Town/City

Norwich

MLS | Web ID

24150184

Features
General
Zoning MF
Neighborhood N/A
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 0.24
Directions GPS
High School Per Board of Ed
City Norwich
Elementary School Per Board of Ed
Sq Ft Total 3000
DOM 1
Year Built 1988
Style Units are Side-by-Side
Year Built Source Public Records
Net Operating Income 35776
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Interior
Cooling System None
Total Number of Units 3
Total Rooms 15
Basement Description None
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Exterior
Water Source Public Water Connected
Lot Description Level Lot
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* Excluded Features
List By
Harrison Graham

Listing Agent

Imt Realty

Broker

harrison@imtrealestate.com

Email

Affordability Calculator

$3,164
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,494
Monthly Property Taxes
$671
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3092524 Elementary School
1232933 Middle School
Per Board of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$405,000 Listed Price

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50 Central Avenue, Norwich, CT, 06360 is a Multi-Family Home for sale at $405,000 with 3,000 sqft and a lot size of 0.24. 50 Central Avenue has 9 bedrooms, 3.3 baths, and was built in 1988. The property's zip code is 06360 which is in Norwich, CT