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35 Lake Street

Norwich, Connecticut 06360

PENDING$299,000
Beds
9
Baths
3
SqFt
2,856
Acres
0.04
Year Built
1910
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Three-family, cash flowing, investment property in Norwich, built in 1910, with easy public utilities including public water and public sewer. Each of the three units offers separate utilities, 3 bedrooms and 1 full bath, creating a practical multifamily setup for investors or owner-occupants. Public utilities help simplify ownership and a convenient in-town location near downtown Norwich makes shopping, public transportation, and commuting a breeze. The rear of the property borders Franklin Park, offering nearby access to green space, playground, basketball court, and fields. A straightforward income-producing property with strong rental appeal and long-term upside.

Key Facts

City/Town
Norwich
Neighborhood
Greenville
Property / Style
Multi-Family · 3updown - Unit(s) per Floor
Year Built
1910
Days on Market
57 days
Beds
9
Baths
3 full
Living Area
2,856 sq ft
Lot Size
1,742 sq ft
Garage / Parking
3 total
Property Taxes
$3,852 / 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

$299,000

vs $423,500 median

29.4% below median

Price / Sq Ft

$105

vs $150 median

30.0% below median

Days on Market

57 days

vs 38 days median

19 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

35 Lake Street, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,946

per month

  • Principal & Interest$1,525
  • Property Taxes$321
  • Insurance$100
  • HOA$0

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

Location

City/Town
Norwich
Neighborhood
Greenville
County
New London

Residence

Property Type
Multi-Family
Subtype
3 Family
Style
3updown - Unit(s) per Floor
Year Built
1910
New Construction
No/Resale
Living Area
2,856 sq ft
Below Grade
408 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
Window Unit
Laundry
None
Laundry Location
None
Basement
None

Exterior & Lot

Lot Size
1,742 sq ft
Zoning
MF
Garage / Parking
3 total parking spacesOn Street Parking
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Cement Block
Roof
Flat
Foundation
Concrete
Lot Description
N/A

Listing & Financials

Property Taxes
$3,852 / Annually
Days on Market
57
MLS #
24179669
MLS Status
Under Contract - Continue to Show

Similar Properties

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

Listed By

Steph Rush

(860) 449-2699

RE/MAX Legends

(860) 451-8000

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 6:15 AM UTC.