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1 George Street

Norwich, Connecticut 06360

ACTIVE$214,925
Beds
3
Baths
2
SqFt
1,244
Acres
0.15
Year Built
1915
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Great investment or owner-occupied opportunity in the heart of Norwich. This two-family property at 1 George Street is 1,244 sq. ft. of living space with three bedrooms, two full baths, and seven total rooms across two units Built in 1915, the home features vinyl siding, hardwood floors, gas heat with hot water, and a partial basement for storage. The property sits on a 0.15-acre lot, providing manageable outdoor space. Included in the sale is the adjoining lot at 3 George Street, an additional 0.15 acres, for added expansion potential, extra yard space, or possible future development conduct with diligence. Together, the combined parcels provide approximately 0.30 acres in a convenient multifamily zone, close to downtown Norwich, public transportation, schools, and area amenities. A unique chance to own a versatile income-producing property with added land value.

Key Facts

City/Town
Norwich
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1915
Days on Market
309 days
Beds
3
Baths
2 full
Living Area
1,244 sq ft
Lot Size
0.15 acres
Garage / Parking
4 total
Property Taxes
$3,183 / Annually

Market Snapshot

The Norwich Market

Multi-Family · trailing 12 months

Median Days on Market

38

20 active listings

Median $ / Sq Ft

$150

20 active listings

Sale-to-List Ratio

101.1%

98 sales

How this home compares

List Price

$214,925

vs $423,500 median

49.3% below median

Price / Sq Ft

$173

vs $150 median

15.3% above median

Days on Market

309 days

vs 38 days median

271 days longer than median

Based on 20 active and 98 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of July 28, 2026.

Location

1 George Street, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,433

per month

  • Principal & Interest$1,096
  • Property Taxes$265
  • Insurance$72
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Norwich
Neighborhood
N/A
County
New London

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1915
New Construction
No/Resale
Living Area
1,244 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Hot Water
Heat Fuel
Natural Gas
Cooling
None
Basement
FullUnfinishedFull With Walk-Out

Exterior & Lot

Lot Size
0.15 acres
Zoning
MF
Garage / Parking
4 total parking spacesDrivewayPrivatePaved
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Septic
Flood Zone
No
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Level Lot

Listing & Financials

Property Taxes
$3,183 / Annually
Days on Market
309
MLS #
24128242
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Jayson Kemp

(860) 573-0277

Five Stars Realty

(860) 560-1500

Co-Listed By

Maria Pirulli

Five Stars Realty

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 6:55 AM UTC.