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$225,000

  • Sold
  • Closed
  • Multi-Family
  • 24 Total Beds
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Attention investors and contractors - this property offers a unique opportunity to bring a multi-unit building back to life. The structure requires a total rehabilitation and is being sold as-is. With a sizable footprint and flexible layout, the property has strong potential for redevelopment into income-producing units once fully restored. Conveniently located near downtown Norwich, shopping, and major highways, the site offers visibility and accessibility for future tenants. Off-street parking and solid bones make this an excellent value-add project in a market with consistent rental demand. This is an ideal property for those ready to take on a full renovation and unlock the long-term value of this building.

Full Property Details for 482 Norwich Ave

General

  • Sold For: $225,000
  • Taxes: (July 2025-June 2026)
  • Status: Closed
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24122166
  • Added to Site: 142 day(s) ago

Interior

  • Number of Rooms: 36

Rooms

Bathrooms

  • Total Bathrooms: 12
  • Full Bathrooms: 6
  • Half Bathrooms: 6

Bedrooms

  • Total Bedrooms: 24

Exterior

  • Exterior Features: Lighting
  • Color: Tan

Parking

  • Parking: None

Location

  • County: New London
  • Driving Directions: GPS Friendly

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: No Heat
  • Water Heater: No Hot Water

Utilities

  • Sewer: Public Sewer In Street
  • Water: Public Water In Street

Structural Information

  • Architectural Style: Units are Side-by-Side
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Full
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 6,840
  • Above Ground: 6,840 Sq. Ft.
  • Year Built: 1870

Unit Information

Unit 1

  • Total Bathrooms: 2
  • Partial Bathrooms: 1
  • Bedrooms: 4

Unit 2

  • Total Bathrooms: 2
  • Partial Bathrooms: 1
  • Bedrooms: 4

Unit 3

  • Total Bathrooms: 2
  • Partial Bathrooms: 1
  • Bedrooms: 4

Unit 4

  • Total Bathrooms: 2
  • Partial Bathrooms: 1
  • Bedrooms: 6

Unit 5

  • Total Bathrooms: 2
  • Half Baths: 1
  • Partial Bathrooms: 1
  • Bedrooms: 4

Unit 6

  • Total Bathrooms: 2
  • Half Baths: 1
  • Partial Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.24
  • Zoning: MF
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $137,300
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 2411768

Listed and Sold by Premier Re Group LLC, Michelle Lorenzetti

Listing agent

— 482 Norwich Ave —

  • Michelle Lorenzetti

    Premier Re Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 482 Norwich Ave

School District:Norwich School District
NameGradesDistance
Wequonnoc School
155 Providence St., Norwich, CT 06380
PK-50.5 mi
Kelly Middle School
25 Mahan Drive, Norwich, CT 06360
6-82.2 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 482 Norwich Ave

Date
Details
Price
Change
Source
9/26/2025
Sold
$225,000
12.5%
MLS
8/26/2025
Listed
$200,000
—
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 and Sold by Premier Re Group LLC, Michelle Lorenzetti

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482 Norwich Avenue, Norwich, CT 06380 (MLS# 24122166) is a Multi-Family property that was sold at $225,000 on September 26, 2025. Want to learn more about 482 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.