Investors take notice!! Large 4 unit multi-family with 15 bedroom generating $7,400 a month in income. All 4 units were renovated in 2023 with continued upgrades through 2025, including plumbing, electrical, sheetrock, flooring, and updated bathrooms-substantially reducing near-term capital expenditures. Additionally the back deck was fully replaced in 2024. This property offers a great opportunity for investors seeking a well-maintained property with completed systems upgrades, predictable operations, and potential to optimize rents or expenses over time. Can be sold as a portfolio with 45 Cliff St and 51 Cliff St - MLS #s 24149375 and 24149391.
Sold for $555,000
$555,000
39-41 Cliff Street, Norwich, CT 06360
15beds
4,026sqft
Multi Family
Built in 1875
-- sqft lot
$573,200 Zestimate®
$138/sqft
$1,745 Estimated rent
Home value
$573,200
$510,000 - $642,000
$1,745/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael P. Doherty (860)941-9996,
eXp Realty 866-828-3951
Bought with:
Non Member
Non-Member
Source: Smart MLS,MLS#: 24149335
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater, Water Heater
Features
- Basement: Full
- Attic: None
- Number of fireplaces: 3
Interior area
- Total structure area: 4,026
- Total interior livable area: 4,026 sqft
- Finished area above ground: 4,026
Property
Lot
- Size: 4,791 Square Feet
- Features: Level
Details
- Parcel number: 2416613
- Zoning: CC
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
- Asbestos
- Foundation: Brick/Mortar, Masonry
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Norwich
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $251,600
- Annual tax amount: $10,182
- Date on market: 1/16/2026
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Sold | $555,000+0.9%$138/sqft |
Source:  Smart MLS #24149335 Report a problem | ||
| 2/15/2026 | Contingent | $550,000$137/sqft |
Source: eXp Realty #24149335 Report a problem | ||
| 2/15/2026 | Pending sale | $550,000$137/sqft |
Source: Smart MLS #24149335 Report a problem | ||
| 1/16/2026 | Listed for sale | $550,000+89.7%$137/sqft |
Source: Smart MLS #24149335 Report a problem | ||
| 2/11/2005 | Sold | $290,000$72/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,182 +5.9% | $251,600 |
| 2024 | $9,611 +65.8% | $251,600 +110.4% |
| 2023 | $5,795 +0% | $119,600 +0.1% |
| 2022 | $5,793 -0.3% | $119,500 |
| 2021 | $5,812 +0.3% | $119,500 -0.1% |
| 2020 | $5,797 +1% | $119,600 |
| 2019 | $5,740 +6.3% | $119,600 +7.2% |
| 2018 | $5,400 -0.7% | $111,600 |
| 2017 | $5,439 +6.3% | $111,600 +4.8% |
| 2015 | $5,118 +4.6% | $106,500 |
| 2014 | $4,892 -18.9% | $106,500 -43% |
| 2013 | $6,034 +3.7% | $187,000 |
| 2012 | $5,816 +7.9% | $187,000 |
| 2011 | $5,391 +2.9% | $187,000 |
| 2010 | $5,240 +3.4% | $187,000 |
| 2009 | $5,070 +6.2% | $187,000 +16.1% |
| 2008 | $4,775 -11% | $161,000 |
| 2007 | $5,365 +4.1% | $161,000 |
| 2006 | $5,155 +4.1% | $161,000 |
| 2005 | $4,951 +61.5% | $161,000 +121.2% |
| 2003 | $3,066 +406.8% | $72,800 +311.3% |
| 2001 | $605 | $17,700 |
Find assessor info on the county website
Neighborhood: 06360
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Nearby schools
GreatSchools rating
- 5/10Veterans' Memorial SchoolGrades: PK-5Distance: 1.5 mi
- 5/10Kelly Middle SchoolGrades: 6-8Distance: 1.6 mi
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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- Connecticut
- New London County
- Norwich
- 06360
- 39-41 Cliff Street
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