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511 New London Turnpike

Norwich, Connecticut 06360

PENDING$339,900
Beds
6
Baths
3
SqFt
2,263
Acres
0.25
Year Built
1880
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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About This Home

Don't miss this incredible investment opportunity! This beautifully renovated and updated property features two large 3 bed units, each offering a spacious layout. The 1st floor unit consists of 3 beds 2 full baths and ample living space. Upstairs, you'll find three generously sized bedrooms and a full bathroom. The property boasts new floors throughout, modern kitchen cabinets, and appliances, and plenty of storage space. Enjoy ample off-street parking on a level lot, complete with a detached two-car garage. Located within walking distance of downtown, restaurants, grocery stores, and with easy access to 395 and the casinos. Please submit Highest and Best Offers by 5pm Wednesday 6/17.

Key Facts

City/Town
Norwich
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1880
Days on Market
47 days
Beds
6
Baths
3 full
Living Area
2,263 sq ft
Lot Size
0.25 acres
Garage / Parking
2 garage · 6 total
Property Taxes
$5,351 / 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

$339,900

vs $423,500 median

19.7% below median

Price / Sq Ft

$150

vs $150 median

In line with median

Days on Market

47 days

vs 38 days median

9 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

511 New London Turnpike, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,292

per month

  • Principal & Interest$1,733
  • Property Taxes$446
  • Insurance$113
  • 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
1880
New Construction
No/Resale
Living Area
2,263 sq ft

Schools

Elementary
Per Board of Ed
High
Norwich Free Academy

Interior

Heating
Hot Water
Heat Fuel
Oil
Cooling
None
Basement
Full

Exterior & Lot

Lot Size
0.25 acres
Zoning
GC
Garage / Parking
2 garage spaces6 total parking spacesDetached GarageOff Street Parking
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Asbestos
Roof
Asphalt Shingle
Foundation
Stone
Lot Description
Level Lot

Listing & Financials

Property Taxes
$5,351 / Annually
Days on Market
47
MLS #
24183293
MLS Status
Under Contract
Financing
FHA,VA,CHFA,Renovation,USDA

Similar Properties

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

Listed By

Adam Paragone

(860) 798-5757

Lock and Key Realty, Inc

(413) 282-8080

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.