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$315,000

  • Sold
  • Closed
  • Multi-Family
  • 8 Total Beds
See This Home
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Terrific Investment Opportunity. This income-producing property offers instant cash flow with all three units currently occupied. Originally a legal 4-unit, there's potential to convert it back for more cash flow. Great potential for updating and increased ROI (return on investment). Do not let the under market rents sway you. Each unit has a solid rental history, making it an ideal addition to any investor's portfolio. Located in an area with strong rental demand, this multifamily is a low-hassle, high-potential opportunity. We are always here to help!

Full Property Details for 384 Norwich Ave

General

  • Sold For: $315,000
  • Taxes: (July 2025-June 2026)
  • Status: Closed
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24117760
  • Added to Site: 196 day(s) ago

Interior

  • Number of Rooms: 12

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Color: Beige

Parking

  • Parking: None

Location

  • County: New London
  • Neighborhood: Taftville
  • Driving Directions: GPS Friendly

School Information

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Community

  • Community Name: Taftville

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Natural Gas
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas, Tank Size Unknown

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
  • Basement Desc.: Full, Unfinished, Dirt Floor
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 3,142
  • Above Ground: 3,142 Sq. Ft.
  • Year Built: 1900

Unit Information

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.14
  • Zoning: MF
  • Lot Description: City Views, Level Lot

Financial Considerations

  • Assessment Amount: $161,700
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 2412278

Listed by William Raveis Real Estate, The Bill Heenan Team, Chris Maynard
Sold by Riverview Realty, LLC, Dale Bunn

Listing agent

— 384 Norwich Ave —

  • Chris Maynard

    William Raveis Real Estate

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 384 Norwich Ave

School District:Norwich School District
NameGradesDistance
Wequonnoc School
155 Providence St., Norwich, CT 06380
PK-50.6 mi
Kelly Middle School
25 Mahan Drive, Norwich, CT 06360
6-82 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 384 Norwich Ave

Date
Details
Price
Change
Source
9/19/2025
Sold
$315,000
5.35%
MLS
8/06/2025
Listed
$299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by William Raveis Real Estate, The Bill Heenan Team, Chris Maynard
Sold by Riverview Realty, LLC, Dale Bunn

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384 Norwich Avenue, Norwich, CT 06380 (MLS# 24117760) is a Multi-Family property that was sold at $315,000 on September 19, 2025. Want to learn more about 384 Norwich 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.