Great Investment Opportunity - 3-Family on Corner Lot! Attention to contractors and investors! This 3-family property presents a prime opportunity to restore, rebuild, or reimagine. The second-floor unit is nearly complete, offering a head start on your project, while the remaining two units require full-scale renovation and significant updates throughout. This property is ideal for experienced contractors or seasoned investors ready to unlock its full potential. Whether your strategy is to renovate rental income or redevelop for resale, the possibilities here are wide open. Conveniently located near major routes, shopping, and local amenities, this corner-lot property adds even more value and appeal. Sold strictly As-Is, Where-Is. Buyer to perform all due diligence. Bring your vision-and your contractor-and transform this property into a standout investment!
Sold for $139,000
$139,000
540 North Main Street, Norwich, CT 06360
1beds
2,228sqft
Multi Family
Built in 1875
-- sqft lot
$141,100 Zestimate®
$62/sqft
$1,338 Estimated rent
Home value
$141,100
$124,000 - $159,000
$1,338/mo
Zestimate® history
Owner options
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$1,338/mo
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$1,338/mo
Rent Zestimate®
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$980/mo
Est. payment
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$980/mo
Est. payment
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Corner lot
Zillow last checked:
Listing updated:
Listed by:
Patricia Williams Team,
Patricia Williams (603)369-1069,
William Raveis Real Estate 860-739-4455
Bought with:
Gary Peacock, REB.0792925
Berkshire Hathaway NE Prop.
Source: Smart MLS,MLS#: 24161002
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Windows: Thermopane Windows
- Basement: Full
- Attic: Access Via Hatch
- Has fireplace: No
Interior area
- Total structure area: 2,228
- Total interior livable area: 2,228 sqft
- Finished area above ground: 1,628
- Finished area below ground: 600
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Has view: Yes
- View description: City
Lot
- Size: 5,662 sqft
- Features: Level
Details
- Parcel number: 2027987
- Zoning: MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Brick/Mortar
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1875
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows
Community & neighborhood
Location
- Region: Norwich
- Subdivision: Greenville
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Sold | $139,000$62/sqft |
Source:  Smart MLS #24161002 Report a problem | ||
| 3/21/2026 | Listed for sale | $139,000-22.3%$62/sqft |
Source: Smart MLS #24161002 Report a problem | ||
| 9/2/2024 | Listing removed | $179,000$80/sqft |
Source:  William Raveis Real Estate, Mortgage & Insurance #170624148 Report a problem | ||
| 2/12/2024 | Listed for sale | $179,000+496.7%$80/sqft |
Source: Smart MLS #170624148 Report a problem | ||
| 6/28/2017 | Sold | $30,000-33.3%$13/sqft |
Source: Smart MLS #E10193460 Report a problem | ||
| 1/25/2017 | Listed for sale | $45,000-25%$20/sqft |
Source: Randall, REALTORS - Real Living #E10193460 Report a problem | ||
| 5/5/2016 | Listing removed | $60,000$27/sqft |
Source: Randall, Realtors - Real Living #E10092170 Report a problem | ||
| 11/4/2015 | Listed for sale | $60,000$27/sqft |
Source: Randall, REALTORS - Real Living #E10092170 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,249 +5.9% | $105,000 |
| 2024 | $4,011 +46% | $105,000 +85.2% |
| 2023 | $2,747 -0.1% | $56,700 |
| 2022 | $2,749 -0.3% | $56,700 |
| 2021 | $2,758 +0.2% | $56,700 -0.2% |
| 2020 | $2,753 +1% | $56,800 |
| 2019 | $2,726 +12.5% | $56,800 +13.4% |
| 2018 | $2,424 -0.7% | $50,100 |
| 2017 | $2,442 +1.4% | $50,100 |
| 2015 | $2,408 +4.7% | $50,100 |
| 2014 | $2,301 -15.1% | $50,100 -40.4% |
| 2013 | $2,711 +3.8% | $84,000 |
| 2012 | $2,612 +7.8% | $84,000 |
| 2011 | $2,422 +2.9% | $84,000 |
| 2010 | $2,354 +3.4% | $84,000 |
| 2009 | $2,277 +37.1% | $84,000 +50% |
| 2008 | $1,661 -11% | $56,000 |
| 2007 | $1,866 +4.1% | $56,000 |
| 2006 | $1,793 +4.1% | $56,000 |
| 2005 | $1,722 +22% | $56,000 +67.2% |
| 2003 | $1,411 +23.1% | $33,500 |
| 2001 | $1,146 | $33,500 |
Find assessor info on the county website
Neighborhood: 06360
Nearby schools
GreatSchools rating
- 3/10John M. Moriarty SchoolGrades: PK-5Distance: 2.6 mi
- 5/10Kelly Middle SchoolGrades: 6-8Distance: 1.5 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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$141,100
2% more
+$2,822
With Zillow Showcase(estimated)
$143,922
- Connecticut
- New London County
- Norwich
- 06360
- 540 North Main Street
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