327 Central Ave Norwich, CT 06360
Property details
About 327 Central Ave
Attention Investors or Owner-Occupants! Multi-Family Home with Commercial Space in Norwich -This mixed-use property has a unique opportunity with 3 units -2 residential and 1 commercial. The residential units are already generating income, while the commercial space provides endless possibilities for your business or additional residential conversion. Commercial space located on the first floor, previously used as a restaurant but ready for your personal touches. It can be easily converted to suit various businesses such as a mini grocery store, beauty/barber shop, nail salon, office, or more. Separate utilities for each unit. Recent owner upgrades include: New siding, gutters, and windows. The roof is approximately 5 years old. The two-bedroom unit is fully remodeled, and the four-bedroom unit has a renovated kitchen and bathroom. The commercial space and studio unit are in need of renovation, but it has huge potential for value growth. Centrally located, just 10 minutes from Mohegan Sun Casino and 13 minutes from Foxwoods Resort Casino two of Connecticut's top entertainment destinations! The prime location makes this an attractive option for both tenants and businesses, with a strong demand for rentals and commercial ventures. This property has great cash flow potential with tenants already in place, and the commercial space gives you the flexibility to bring your vision to life. Whether you're an investor or looking for an owner-occupied opportunity.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 7
- Attached Garage: No
- Private Pool: No
- Parking: None, Off Street Parking, Driveway
- Architectural Style: Other
- Heating: Baseboard
- Cooling: None
- List Price: $299,900
- Price/SqFt: $96
- Annual Tax Amount: $2,834
- Tax Year: 2024
- Lot: Corner Lot, Level
- Directions: Corner of 10th Street and Central Ave
- Year Built: 1850
- Living Area: 3,096 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 24061367
- Office Name: Kempf-Vanderburgh Realty
- Office Phone: (413) 297-5200
- Office Email: rivera.dennisse@gmail.com
- Listing Agent: Dennisse Rivera-Mercado
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Last updated on: 6/2/2025, 8:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,900
327 Central Ave
$3,561
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 31, 2023 | Home Sold | $100,000 |
| Jul 03, 2002 | Home Sold | $65,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $74,200 | $2,834 |
| 2023 | $68,400 | $3,327 |
| 2022 | $68,400 | $3,316 |
| 2021 | $68,400 | $3,327 |
| 2020 | $68,400 | $3,315 |
| 2019 | $68,400 | $3,283 |
History based on county public records data.
Nearby schools
3
Wequonnoc Magnet School
Public Magnet KG-5
2.2 mi
•155 Providence St
4
Veterans' Memorial School
Public District KG-5
2.5 mi
•80 Crouch Ave
3
Moriarty Magnet School
Public Magnet KG-5
2.5 mi
•20 Lawler Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,769. The most common annual income of people living in Norwich, CT is less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
NBA/WNBA
Figure Skating
Where do the neighbors shop?
Burlington
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Popeyes
Starbucks
Church's Chicken
What do the neighbors drive?
Dodge
Pontiac
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
Frequently asked questions
About 327 Central Ave
The listing price of 327 Central Ave property is $299,900.
The property 327 Central Ave is a house located in Norwich, Connecticut, 06360.
Active Listing: 327 Central Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 327 Central Ave are: Wequonnoc Magnet School (GreatSchools Rating 3/10), Veterans' Memorial School (GreatSchools Rating 4/10), Moriarty Magnet School (GreatSchools Rating 3/10), Kelly Steam Magnet Middle School (GreatSchools Rating 3/10), Integrated Day Charter School (GreatSchools Rating 5/10), Teachers' Memorial Global Studies Magnet Middle School (GreatSchools Rating 3/10), Norwich Free Academy (GreatSchools Rating 3/10), Norwich Technical High School (GreatSchools Rating 7/10), Three Rivers Middle College Magnet School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $2,834 (source: MLS/based on county public records data).
The last sale was on October 31, 2023 for $100,000 (source: MLS/tax record).
The property at 327 Central Ave has 7 bedrooms and 3 full and 1 half bathrooms.
The property 327 Central Ave is 3,096 SqFt (source: MLS/tax record).
The year of construction for 327 Central Ave is 1850.
This home is located at 327 Central Ave in Norwich, CT and zip code 06360. This 3,096 square foot home, which was built in 1850, sits on a 0.12 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $299,900.
Over 22 listings were sold over their listed price in May 2025 in Norwich, CT. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Norwich, CT between April and May 2025 decreased by 1.2%. In May 2025 median list price was $269,950 and the average listing age was 17 days.