This is a once in a lifetime opportunity to own a 4-family investment property with tons of room. The main house has a 4 bed unit, a 3 bed unit, and a 2 bed unit; additionally, a small single family home sits adjacent! A 6-car garage sits on the rear of the property, with plenty of parking space, as well! The large deck on the back of the house, as well as full front deck offer possibilities for entertaining and relaxing at home. This is truly a one of a kind investment. In need of a little TLC, it won't take much to truly make this your own property! Located in popular Taftville!
Sold for $375,000
$375,000
31-33 Merchants Avenue, Norwich, CT 06380
10beds
3,120sqft
Multi Family
Built in 1886
-- sqft lot
$458,100 Zestimate®
$120/sqft
$1,912 Estimated rent
Home value
$458,100
$426,000 - $495,000
$1,912/mo
Zestimate® history
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$2,570/mo
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Zillow last checked:
Listing updated:
Listed by:
Gary Peacock 719-314-9898,
Berkshire Hathaway NE Prop. 860-739-6666
Bought with:
Ron Bates, RES.0037517
Signature Properties of NewEng
Source: Smart MLS,MLS#: 24037986
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Steam, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Water Heater
- Laundry: In Unit
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
- Finished area above ground: 3,120
Property
Parking
- Total spaces: 6
- Parking features: Detached
- Garage spaces: 6
Lot
- Size: 0.48 Acres
Details
- Parcel number: 2030622
- Zoning: NC
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter, Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1886
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Taftville
HOA
- Has HOA: No
Location
- Region: Taftville
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $249,800
- Annual tax amount: $8,306
- Date on market: 8/9/2024
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2024 | Sold | $375,000-11.8%$120/sqft |
Source:  Smart MLS #24037986 Report a problem | ||
| 8/19/2024 | Pending sale | $425,000$136/sqft |
Source: Smart MLS #24037986 Report a problem | ||
| 8/9/2024 | Listed for sale | $425,000+226.9%$136/sqft |
Source: Smart MLS #24037986 Report a problem | ||
| 7/8/2003 | Sold | $130,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,696 +4.7% | $249,800 |
| 2024 | $8,306 +38.2% | $249,800 +74.7% |
| 2023 | $6,010 -0.4% | $143,000 |
| 2022 | $6,032 -0.4% | $143,000 |
| 2021 | $6,056 -0.1% | $143,000 |
| 2020 | $6,060 +4.3% | $143,000 |
| 2019 | $5,812 +34.7% | $143,000 +37.4% |
| 2018 | $4,316 +1.9% | $104,100 |
| 2017 | $4,234 -1.7% | $104,100 |
| 2015 | $4,309 +6% | $104,100 |
| 2014 | $4,064 -5% | $104,100 -32.8% |
| 2013 | $4,276 +2.5% | $155,000 |
| 2012 | $4,170 +7.1% | $155,000 |
| 2011 | $3,894 +3% | $155,000 |
| 2010 | $3,782 +2.4% | $155,000 |
| 2009 | $3,695 +12.2% | $155,000 +39.6% |
| 2008 | $3,292 +2.5% | $111,000 |
| 2007 | $3,211 +3% | $111,000 |
| 2006 | $3,117 +3.9% | $111,000 |
| 2005 | $2,999 -1.9% | $111,000 +33.6% |
| 2003 | $3,056 +7.5% | $83,100 |
| 2001 | $2,842 | $83,100 |
Find assessor info on the county website
Neighborhood: 06380
Nearby homes
- $467,7008 bd4 ba4k sqft21-23 Merchants Ave, Taftville, CT 06380Off Market
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- $342,2003 bd1 ba900 sqft28 Merchants Ave APT 3, Taftville, CT 06380Off Market
- $377,6007 bd1 ba3.9k sqft27 Merchants Ave, Taftville, CT 06380Off Market
- $368,700-- bd-- ba3.1k sqft41 Merchants Ave, Taftville, CT 06380Off Market
- $--2 bd2 ba-- sqft41 Merchants Ave #2, Taftville, CT 06380Off Market
- $442,4005 bd5 ba-- sqft34 Merchants Ave, Taftville, CT 06380Off Market
- $308,9002 bd1 ba-- sqft42 Merchants Ave, Taftville, CT 06380Off Market
Nearby schools
GreatSchools rating
- 2/10Wequonnoc SchoolGrades: PK-5Distance: 0.1 mi
- 5/10Kelly Middle SchoolGrades: 6-8Distance: 1.8 mi
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- Connecticut
- New London County
- Norwich
- 06380
- 31-33 Merchants Avenue
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