82 Salem Turnpike
Norwich, Connecticut 06360
- Beds
- 4
- Baths
- 2
- SqFt
- 2,430
- Acres
- 0.63
- Year Built
- 1900
- Property Type
- 2 Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
Incredible opportunity to own a high visibility, income generating mixed use property close to major highways and shopping. With 2,430 sq ft of total space on 0.63 acres, this fully renovated building offers both commercial and residential rental income streams, ideal for investors or owner occupants. Some features include a fully renovated Commercial unit on the first floor with updated electrical in June 2024, and a new ADA compliant ramp installed August 2024. This is ideal for retail, office, or service use. The second Floor is a Residential Unit, with 2 bedrooms and 1 bathroom. Recently updated with new windows in April 2025, new flooring and carpet, and upgrades in the kitchen and bathroom. The third floor is also a residential unit - Fully renovated, 2 bedrooms, 1 bathroom. This property has proven income resource from long and short term rentals, a detached garage and 15-space parking lot (with additional monthly rented parking spot) more land in rear, and ample basement storage for tenant or owner use. This property blends modern updates with solid income potential. Whether you're expanding your portfolio or seeking a flexible live/work investment, this one checks all the boxes! Property being sold AS IS. *Since the property is Mixed Use, this will not go government financing. Cash/conventional only*
Key Facts
- City/Town
- Norwich
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1900
- Days on Market
- 20 days
- Beds
- 4
- Baths
- 2 full
- Living Area
- 2,430 sq ft
- Lot Size
- 0.63 acres
- Garage / Parking
- 15 total
- Property Taxes
- $8,039 / 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
$449,000
vs $423,500 median
6.0% above median
Price / Sq Ft
$185
vs $150 median
23.3% above median
Days on Market
20 days
vs 38 days median
18 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
82 Salem Turnpike, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$2,289
- Property Taxes$670
- Insurance$150
- 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
- 1900
- New Construction
- No/Resale
- Living Area
- 2,430 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- Ductless
- Basement
- Full
- Accessibility
- Ramps
Exterior & Lot
- Lot Size
- 0.63 acres
- Zoning
- GC
- Garage / Parking
- 15 total parking spacesPavedParking LotOff Street Parking
- 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
- $8,039 / Annually
- Days on Market
- 20
- MLS #
- 24189458
- 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 5:15 AM UTC.