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7 McKinley Avenue

Norwich, Connecticut 06360

PENDING$418,925
Beds
8
Baths
4
SqFt
3,653
Acres
0.13
Year Built
1860
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Welcome to this spacious and versatile two-family property with an exceptional opportunity for both owner-occupants and investors. Each unit features a generous layout with 4 bedrooms and 2 bathrooms, providing ample living space and flexibility for a variety of household needs. With well-proportioned rooms and plenty of space throughout, this property has strong rental potential while also presenting an attractive option for buyers looking to occupy one unit and generate income from the other. Both units are currently tenant-occupied on month-to-month leases, providing the new owner with added flexibility to continue the property as an income-producing investment or explore owner-occupancy options. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this two-family offers an excellent combination of space, versatility, and immediate income potential. Schedule your private showing and explore the possibilities this property has to offer.

Key Facts

City/Town
Norwich
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1860
Days on Market
75 days
Beds
8
Baths
4 full
Living Area
3,653 sq ft
Lot Size
0.13 acres
Garage / Parking
6 total
Property Taxes
$5,915 / Annually

Market Snapshot

The Norwich Market

Multi-Family · trailing 12 months

Median Days on Market

56

21 active listings

Median $ / Sq Ft

$157

21 active listings

Sale-to-List Ratio

101.2%

99 sales

How this home compares

List Price

$418,925

vs $399,900 median

In line with median

Price / Sq Ft

$115

vs $157 median

26.8% below median

Days on Market

75 days

vs 56 days median

19 days longer than median

Based on 21 active and 99 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of November 4, 2026.

Location

7 McKinley Avenue, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,917

per month

  • Principal & Interest$2,284
  • Property Taxes$493
  • Insurance$140
  • 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
3,653 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
0.13 acres
Zoning
MF
Garage / Parking
6 total parking spacesDrivewayShared
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Asbestos
Color
grey
Roof
Asphalt Shingle
Foundation
ConcreteStone
Lot Description
Level Lot

Listing & Financials

Property Taxes
$5,915 / Annually
Days on Market
75
MLS #
24200793
MLS Status
Under Contract - Continue to Show

Similar Properties

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

Listed By

Maria Pirulli

(860) 306-0010

Five Stars Realty

(860) 560-1500

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

The IDX display contains information sourced from SmartMLS, Inc. as of 11/4/2026. 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 11/4/2026 at 4:10 AM UTC.