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158 Cliff Street

Norwich, Connecticut 06360

ACTIVE$315,000

Reduced from $350,000

Beds
6
Baths
2
SqFt
1,685
Acres
0.30
Year Built
1750
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

Request a private showing and get Matt's read on price, condition, and next steps.

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Price Reduced

About This Home

Exceptional investment opportunity! This two-family was fully reconstructed in 2023 everything from floor to ceiling and the roof is just three years old. New electric baseboard heat and hot water for easy maintenance and low cost; new framing, sub-floor, luxury laminate floors, wall insulation, electric wiring and panel, new light fixtures, windows, doors, kitchen cabinets, showers, toilets, stainless steel appliances etc... All utilities are paid by tenants; owner pays for water and sewer only. The property offers endless possibilities for investors or owner occupants alike. First floor unit is slightly larger, and features 3 bedrooms, 1 bath, washer/dryer, dishwasher, refrigerator, electric range and hood. Second floor unit features a private stairway entrance,3 bedrooms, 1 bath, dishwasher, refrigerator, electric range and hood. Property offers tremendous rental appeal and excellent income potential. Exceptionally large, corner lot with off street parking and endless possibilities for maximizing the use of outdoor space.

Key Facts

City/Town
Norwich
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1750
Days on Market
70 days
Beds
6
Baths
2 full
Living Area
1,685 sq ft
Lot Size
0.30 acres
Property Taxes
$4,593 / Annually

Market Snapshot

The Norwich Market

Multi-Family · trailing 12 months

Median Days on Market

39

22 active listings

Median $ / Sq Ft

$162

22 active listings

Sale-to-List Ratio

101.0%

96 sales

How this home compares

List Price

$315,000

vs $424,413 median

25.8% below median

Price / Sq Ft

$187

vs $162 median

15.4% above median

Days on Market

70 days

vs 39 days median

31 days longer than median

Based on 22 active and 96 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of October 13, 2026.

Location

158 Cliff Street, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,233

per month

  • Principal & Interest$1,745
  • Property Taxes$383
  • Insurance$105
  • 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
1750
New Construction
No/Resale
Living Area
1,685 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Baseboard
Heat Fuel
Electric
Cooling
None
Basement
FullDirt FloorFull With Hatchway

Exterior & Lot

Lot Size
0.30 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
Corner Lot

Listing & Financials

Property Taxes
$4,593 / Annually
Days on Market
70
MLS #
24196329
MLS Status
Active

Similar Properties

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

Listed By

Maya Basic

(203) 491-8267

William Raveis Real Estate

(203) 876-7507

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

The IDX display contains information sourced from SmartMLS, Inc. as of 10/13/2026. 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 10/13/2026 at 10:01 PM UTC.