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$319,000
29 Days On Site

327 Central Avenue
Norwich, CT 06360

For Sale|Residential Income|Active
7
Beds
3
Full Baths
1
Partial Bath
3,096
SqFt
$103
/SqFt
1850
Built
County:
New London
Listing courtesy of Dennisse Rivera-Mercado of Kempf-Vanderburgh Realty

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1-860-573-4349
327 Central Avenue327 Central Avenue327 Central Avenue327 Central Avenue
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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.

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Listing Snapshot
Price 
$319,000
Days On Site 
29 Days
Bedrooms 
7
Inside Area (SqFt) 
3,096 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.12 Acres
Year Built 
1850
MLS® Number 
24061367
Status 
Active
Property Tax 
$2,834
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
4 days agoStatus changed to Active
4 days agoPrice changed to $319,000
4 weeks agoListing first seen on site
General Features
Acres 
0.12
Foundation 
Concrete Perimeter
Parking 
Off StreetPrivateDrivewayNone
Parking Spaces 
8
Sewer 
Public Sewer
SqFt Total 
3096
Style 
Units on different FloorsOther
Water Source 
Public
Zoning 
MF
Interior Features
Basement 
Full
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Vinyl SidingBrickFrame
Lot Features 
Corner LotLevel
Roof 
Shingle
Schools
School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
Per Board of Ed
Listing courtesy of Dennisse Rivera-Mercado of Kempf-Vanderburgh Realty



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Neighborhood & Commute
Source: Walkscore
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