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Sold for $500,000
  • $500,000

    56 Norwich Ave, Colchester, CT 06415

    3beds
    2,237sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $501,900 Zestimate®
    $224/sqft
    $2,081 Estimated rent

    Home value

    $501,900

    $467,000 - $542,000

    $2,081/mo

    Zestimate® history
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    What's special

    Opportunity knocks in downtown Colchester! First time offered. Pristinely maintained by original family. Versatile building in town center with generous parking. 3 units most recently used as a salon, clothing/boutique/retail and one residential unit, 2nd floor. Walk up attic offers expansion potential. Living above work is viable here! See attachments for extensive TC permitted uses. Separate utilities for each floor, apt. is on it's own furnace, electric, and hot water. Building is denoted as commercial, so listing is under commercial offering. Practical/ current use is more mixed use, best represented in multiple units. One stylist remains mo. to mo. - with part time hours. Easy to show. Property is also listed under commercial mls #24132407.

    Zillow last checked:

    Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 24132330MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 1/2 bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • Wall Unit(s)
    Features
    • Basement: Yes
    Interior area
    • Total structure area: 2,237
    • Total interior livable area: 2,237 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: OffStreet
    Lot
    • Size: 0.54 Acres
    Details
    • Parcel number: COLCM016B000L062000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1950

    Community & HOA

    Location
    • Region: Colchester

    Financial & listing details

    • Price per square foot: $224/sqft
    • Tax assessed value: $204,600
    • Annual tax amount: $6,122
    • Date on market: 10/8/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/7/2026Sold$500,000-3.7%$224/sqft
    Source: Public Record Report a problem
    9/18/2026Pending sale$519,000$232/sqft
    Source: Smart MLS #24132330 Report a problem
    3/4/2026Price change$519,000-5.5%$232/sqft
    Source: Smart MLS #24132330 Report a problem
    1/2/2026Price change$549,000-6.8%$245/sqft
    Source: Smart MLS #24132330 Report a problem
    10/31/2025Price change$589,000-4.8%$263/sqft
    Source: Smart MLS #24132330 Report a problem
    10/8/2025Listed for sale$619,000$277/sqft
    Source: Smart MLS #24132330 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,122 +4.4%$204,600
    2024$5,866 +5.3%$204,600
    2023$5,569 +0.5%$204,600
    2022$5,541 -7.6%$204,600 +12%
    2021$5,997 $182,600
    2020$5,997 $182,600
    2019$5,997 +1.7%$182,600
    2018$5,894 -0.3%$182,600
    2017$5,911 +3.7%$182,600 -1%
    2016$5,700 +0.5%$184,400
    2015$5,672 $184,400
    Find assessor info on the county website

    Neighborhood: 06415

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $501,900
    2% more
    +$10,038
    With Zillow Showcase(estimated)

    $511,938

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $501,900
    2% more
    +$10,038
    With Zillow Showcase(estimated)

    $511,938