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.
For sale
$995,000
287 Central Avenue, Norwich, CT 06360
6beds
4,130sqft
Multi Family
Built in 1860
-- sqft lot
$969,500 Zestimate®
$241/sqft
$-- HOA
What's special
- 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#: 24202778
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
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Listed for sale | $995,000+99.4%$241/sqft |
Source: | ||
| 10/31/2025 | Listing removed | $499,000$121/sqft |
Source: | ||
| 7/14/2025 | Listed for sale | $499,000+202.4%$121/sqft |
Source: | ||
| 2/11/2021 | Sold | $165,000-2.9%$40/sqft |
Source: Agent Provided Report a problem | ||
| 1/6/2021 | Listed for sale | $169,900$41/sqft |
Source: | ||
| 12/2/2020 | Listing removed | $169,900$41/sqft |
Source: RANDALL, REALTORS-Christie's #170094010 Report a problem | ||
| 12/2/2020 | Listed for rent | $1,000 |
Source: Randall Realtors #170265458 Report a problem | ||
| 10/1/2018 | Price change | $169,900-1.5%$41/sqft |
Source: Randall Realtors #170094010 Report a problem | ||
| 6/11/2018 | Listed 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






