617 East Main Street
Norwich, Connecticut 06360
- Beds
- 5
- Baths
- 2
- SqFt
- 2,512
- Acres
- 0.95
- Year Built
- 1860
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
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About This Home
Builder and investor opportunity in central Norwich - a spacious 2-family mid-renovation ready for someone to take it across the finish line. The 5BR/2BA layout features separate utilities and a clear path to 3-family conversion, adding a unit and significant value upon completion. Major systems and structural work largely addressed; cosmetic and finish work remains. Minutes from Backus Hospital, Mohegan Sun, transit, and regional employment. Strong rental demand submarket supports solid stabilized rents upon completion. Shown by appointment; proof of funds required.
Key Facts
- City/Town
- Norwich
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1860
- Days on Market
- 32 days
- Beds
- 5
- Baths
- 2 full
- Living Area
- 2,512 sq ft
- Lot Size
- 0.95 acres
- Property Taxes
- $5,034 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
20
22 under contract
Median List Price
$423,500
20 active listings
Median Closed Price
$340,000
98 sales
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
$275,000
vs $423,500 median
35.1% below median
Price / Sq Ft
$109
vs $150 median
27.3% below median
Days on Market
32 days
vs 38 days median
6 days fresher 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
617 East Main Street, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$1,402
- Property Taxes$420
- Insurance$92
- 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
- 1860
- New Construction
- No/Resale
- Living Area
- 2,512 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- None
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.95 acres
- Zoning
- MF
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $5,034 / Annually
- Days on Market
- 32
- MLS #
- 24187014
- MLS Status
- Active
Similar Properties
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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 5:20 AM UTC.