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.
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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$3,553/mo
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Zillow last checked:
Source: William Raveis Real Estate, Mortgage & Insurance,MLS#: 24132330
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
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Sold | $500,000-3.7%$224/sqft |
Source: Public Record Report a problem | ||
| 9/18/2026 | Pending sale | $519,000$232/sqft |
Source: | ||
| 3/4/2026 | Price change | $519,000-5.5%$232/sqft |
Source: | ||
| 1/2/2026 | Price change | $549,000-6.8%$245/sqft |
Source: | ||
| 10/31/2025 | Price change | $589,000-4.8%$263/sqft |
Source: | ||
| 10/8/2025 | Listed for sale | $619,000$277/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 6/10Jack Jackter Intermediate SchoolGrades: 3-5Distance: 0.5 mi
- 8/10William J. Johnston Middle SchoolGrades: 6-9Distance: 0.5 mi
- 7/10Bacon AcademyGrades: 9-12Distance: 1.5 mi
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$501,900
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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
- Connecticut
- New London County
- Colchester
- 06415
- 56 Norwich Ave