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287 Central Avenue, Norwich, CT 06360

Multi-Family For Sale · 5 Family+

$995,000
$241/sqft
287 Central Avenue, Norwich, CT
Active
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6
Bedrooms
5
Bathrooms
4,130
Sq Ft
0.08
Acres
1860
Year Built

About This Home

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.

Listed by Christian Martinez (860) 778-6427 with VC Property Group, LLC (860) 300-3102

Listing Snapshot

Price $995,000 Days on Our Site 16 days
Property Tax $4,340/yr Style Units on different Floors,Units are Side-by-Side
Year Built 1860 Total Sq Ft 4,130
Lot Size 0.08 acres HOA Fees N/A
Bedrooms 6 Full Bathrooms 5
Total Rooms 17 Half Baths 0

Structure & Parking

Construction Brick,Masonry
Roof Gable

Systems & Utilities

Heat Hot Water
Fuel Electric
Cooling Window Unit
Hot Water Upright Tank
Water Public Water Connected
Sewer Public Sewer Connected

Schools

Elem Per Board of Ed
High Norwich Free Academy

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $362/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Aug 30, 2026 Listed $995,000

Frequently Asked Questions

How much does 287 Central Avenue in Norwich, CT cost?
This property is listed at $995,000, which works out to $241 per square foot.
How many bedrooms does 287 Central Avenue have?
This home has 6 bedrooms and 5 bathrooms.
What is the square footage of 287 Central Avenue?
The home is 4,130 square feet, situated on 0.08 acres.
When was 287 Central Avenue in Norwich built?
This property was built in 1860.
Is 287 Central Avenue, Norwich, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 287 Central Avenue, Norwich in?
This home is served by the Norwich public school system, with Per Board of Ed as the elementary school and Norwich Free Academy as the high school.
How do I schedule a tour of 287 Central Avenue, Norwich, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

Listing Agent

Christian Martinez · (860) 778-6427

VC Property Group, LLC · (860) 300-3102

MLS# 24202778 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Aug 30, 2026 8:17 PM UTC