Date
Details
Price
Change
Source
8/30/2026
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$995,000 Just Listed
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1/21
Property Description
Opportunity to acquire two Norwich investment properties as a combined portfolio for $995,000. The offering includes a mixed-use property at 287 Central Avenue and a vacant three-family property at 119 Williams Street, providing a combined total of six residential units and two commercial spaces. Central Avenue includes three occupied residential units, one occupied commercial space and one vacant commercial space. All three Williams Street apartments are currently vacant, giving a new owner the ability to establish new leases and execute their own rental and management strategy. The combined unit mix includes two one-bedroom, two two-bedroom and two three-bedroom apartments. This asset will yield a stabilized annual income of $151,500 and an estimated 12.23% pro forma cap rate at full ask. A compelling opportunity to acquire scale, diversified income and meaningful lease-up potential in a single transaction.
Full Property Details
Full Property Details for 287 Central Ave
General
- Price: $995,000
- Taxes: (July 2026-June 2027)
- Status: Active
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24202778
- Updated: 8/30/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 17
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Location
- County: New London
- Neighborhood: Greenville
- Driving Directions: see listing broker
School Information
- Elementary School: Per Board of Ed
- High School: Norwich Free Academy
Community
- Community Name: Greenville
Heating & Cooling
- Cooling Type: Window Unit
- Heating Type: Hot Water, Electric
- Heating Fuel: Electric
- Water Heater: Upright Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units on different Floors, Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: Full
- Roof: Gable
- Square Feet: 4,130
- Above Ground: 4,130 Sq. Ft.
- Year Built: 1860
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.08
- Zoning: NC
- Lot Description: Corner Lot
Financial Considerations
- Assessment Amount: $127,100
- Tax Year: July 2026-June 2027
Disclosures and Reports
- Property ID: 2412985
Listed by VC Property Group, LLC, Christian Martinez
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Listing agent
— 287 Central Ave —
Christian Martinez
VC Property Group, LLC
Agent Contact: (860) 778-6427 Office Contact: (860) 300-3102
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 287 Central Ave
Tax History
Tax History for 287 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,144
6%
$127,100
—
2023
$4,855
-14%
$127,100
10%
2023
$5,642
—
$116,000
—
2022
$5,624
—
$116,000
—
2021
$5,642
—
$116,000
—
2020
$5,623
1%
$116,000
—
2019
$5,567
6%
$116,000
7%
2018
$5,231
-1%
$108,100
—
2017
$5,269
-1%
$108,100
—
2016
$5,303
2%
$108,100
—
2015
$5,195
5%
$108,100
—
2014
$4,965
11%
$108,100
-22%
2011
$4,486
—
$139,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 287 Central Ave
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- 3Total Baths
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Listed by Tina Wazny (860) 213-4781
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,134Sq. Ft.
Listed by The Walz Team at Coldwell Banker Realty (203) 619-4029
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- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,316Sq. Ft.
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![[Address not provided], Norwich, CT 06360 - Photo 1](https://m.cbhomes.com/p/230/24056641/9D047C8856344E0/s23cc.webp)
287 Central Avenue, Norwich, CT 06360 (MLS# 24202778) is a Multi-Family property with 5 units containing 6 bedrooms and 5 full bathrooms. 287 Central Avenue is currently listed for $995,000 and was received on August 30, 2026. Want to learn more about 287 Central Avenue? Do you have questions about finding other Multi-Family real estate for sale in Norwich? You can browse all Norwich real estate or contact a Coldwell Banker agent to request more information.