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$340,000

  • Sold
  • Closed
  • Multi-Family
  • 8 Total Beds
  • 8 Car Garage
See This Home
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$$ EXCELLENT Investment opportunity $$ This charming home is an upper and lower style duplex with spacious living areas. Each unit has 4 large bedrooms, a Family Room, a living room, Eat-In style Kitchen, and separate porches. Bottom unit porch is enclosed. Property has PLENTY of off street parking. Each unit has basement W/D hookups along with plenty of storage options. LOTS of extra $$ income potential here! $$ ESPECIALLY with the 2 garages. A separate 2-Bay, and a separate 6-Bay Garage sits on the property border!! Property has many new updates, including new cabinets and flooring on one level, and updated wiring on the other level, 100 amp electrical service; new roof and also brand new boiler system that was just recently installed as well. Location is close to I 395 corridors, and all local shopping amenities and nearby to public schools. There is a local basketball court and park just a 5min walk down the street. You do not want to miss out on this unique rental opportunity and at this valued price, you should definitely come on out and look.

Full Property Details for 49 Merchants Ave

General

  • Sold For: $340,000
  • Taxes: (July 2025-June 2026)
  • Status: Closed
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24117080
  • Added to Site: 162 day(s) ago

Interior

  • Number of Rooms: 14

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: Basement Hook-Up(s)

Exterior

  • Exterior Features: Porch-Enclosed, Porch
  • Color: Green

Parking

  • Garage: Yes
  • Garage Spaces: 8
  • Parking: Detached Garage

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: Ceiling Fans
  • Heating Type: Baseboard, Natural Gas, Oil
  • Heating Fuel: Natural Gas, Oil
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Other
  • Basement Desc.: Full, Shared Basement, Storage, Interior Access, Walk-out, Concrete Floor, Full With Walk-Out
  • Roof: Asphalt Shingle, Gable
  • Attic: Yes
  • Square Feet: 1,590
  • Above Ground: 1,590 Sq. Ft.
  • Year Built: 1926

Unit Information

Unit 1

  • Square Feet: 1590
  • Total Bathrooms: 1
  • Bedrooms: 4

Unit 2

  • Square Feet: 1590
  • Total Bathrooms: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.7
  • Zoning: R-20
  • Lot Description: Level Lot

Financial Considerations

  • Annual Sewer Fee: $512
  • Assessment Amount: $178,700
  • Sewer Assmt: Metered
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 2413331

Meet the selling agent

Meet the selling agent
— 49 Merchants Ave —

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 49 Merchants Ave

School District:Norwich School District
NameGradesDistance
Wequonnoc School
155 Providence St., Norwich, CT 06380
PK-50.2 mi
Kelly Middle School
25 Mahan Drive, Norwich, CT 06360
6-81.8 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 49 Merchants Ave

Date
Details
Price
Change
Source
9/24/2025
Sold
$340,000
4.62%
MLS
8/06/2025
Listed
$325,000
—
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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49 Merchants Avenue, Norwich, CT 06380 (MLS# 24117080) is a Multi-Family property that was sold at $340,000 on September 24, 2025. This property was sold by Rose Maguire from our East Lyme/Mystic Office.Want to learn more about 49 Merchants 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.