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For sale
  • $995,000

    287 Central Avenue, Norwich, CT 06360

    6beds
    4,130sqft
    : 
    $7,567/mo
    Get pre-qualified
    Multi Family
    Built in 1860
    -- sqft lot
    $969,500 Zestimate®
    $241/sqft
    $-- HOA

    What's special

    Opportunity to acquire two Norwich investment properties as a combined portfolio for $995,000. The offering includes a mixed-use property at 287 Central Avenue and a vacant three-family property at 119 Williams Street, providing a combined total of six residential units and two commercial spaces. Central Avenue includes three occupied residential units, one occupied commercial space and one vacant commercial space. All three Williams Street apartments are currently vacant, giving a new owner the ability to establish new leases and execute their own rental and management strategy. The combined unit mix includes two one-bedroom, two two-bedroom and two three-bedroom apartments. This asset will yield a stabilized annual income of $151,500 and an estimated 12.23% pro forma cap rate at full ask. A compelling opportunity to acquire scale, diversified income and meaningful lease-up potential in a single transaction.
    11 days
    179
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Christian Martinez (860)778-6427,

    VC Property Group, LLC 860-300-3102

    Source: Smart MLS,MLS#: 24202778MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Hot Water, Electric
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Water Heater
      Features
      • Basement: Full
      • Attic: None
      • Has fireplace: No
      Interior area
      • Total structure area: 4,130
      • Total interior livable area: 4,130 sqft
      • Finished area above ground: 4,130

      Property

      Lot
      • Size: 3,484 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: 2412985
      • Zoning: NC

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Units on different Floors,Units are Side-by-Side
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding, Brick
      • Foundation: Concrete Perimeter
      • Roof: Gable
      Condition
      • New construction: No
      • Year built: 1860

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Greenville
      HOA
      • Has HOA: No
      Location
      • Region: Norwich

      Financial & listing details

      • Price per square foot: $241/sqft
      • Tax assessed value: $127,100
      • Annual tax amount: $4,340
      • Date on market: 8/30/2026

        Estimated market value

        $969,500

        $921,000 - $1.02M

        $2,180/mo

        Price history

        DateEventPrice
        8/30/2026Listed for sale$995,000+99.4%$241/sqft
        Source: Smart MLS #24202778 Report a problem
        10/31/2025Listing removed$499,000$121/sqft
        Source: Smart MLS #24110482 Report a problem
        7/14/2025Listed for sale$499,000+202.4%$121/sqft
        Source: Smart MLS #24110482 Report a problem
        2/11/2021Sold$165,000-2.9%$40/sqft
        Source: Agent Provided Report a problem
        1/6/2021Listed for sale$169,900$41/sqft
        Source: Smart MLS #170363912 Report a problem
        12/2/2020Listing removed$169,900$41/sqft
        Source: RANDALL, REALTORS-Christie's #170094010 Report a problem
        12/2/2020Listed for rent$1,000
        Source: Randall Realtors #170265458 Report a problem
        10/1/2018Price change$169,900-1.5%$41/sqft
        Source: Randall Realtors #170094010 Report a problem
        6/11/2018Listed for sale$172,500$42/sqft
        Source: RANDALL, REALTORS-Christie's #170094010 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 06360

        Getting around

        54 / 100
        Somewhat Walkable
        28 / 100
        Some Transit
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Norwich Free Academy

        Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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