119 Williams Street
Norwich, Connecticut 06360
- Beds
- 8
- Baths
- 4
- SqFt
- 2,964
- Acres
- 0.23
- Year Built
- 1870
- Neighborhood
- Norwichtown
- Property Type
- 3 Family
Matt Caiola
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About This Home
Vacant three-family investment opportunity offering two three-bedroom units and one two-bedroom unit, providing a total of eight bedrooms plus bonus rooms across approximately 2,964 square feet. With all three units currently vacant, a new owner has the flexibility to establish new leases and implement their preferred management strategy from day one. Once fully leased this asset will yield a 22% cash on cash return at full ask. Built in 1870 and situated on approximately 0.23 acres, this property offers public water/sewer, electric/gas heat and hot water, city trash pickup and 1:1 parking.
Key Facts
- City/Town
- Norwich
- Neighborhood
- Norwichtown
- Property / Style
- Multi-Family · Units on different Floors,3sides - Units Are Side-by-Side
- Year Built
- 1870
- Days on Market
- 0 days
- Beds
- 8
- Baths
- 4 full
- Living Area
- 2,964 sq ft
- Lot Size
- 0.23 acres
- Garage / Parking
- 2 garage
- Property Taxes
- $6,975 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
20
24 under contract
Median List Price
$390,000
20 active listings
Median Closed Price
$345,000
95 sales
Median Days on Market
29
20 active listings
Median $ / Sq Ft
$163
20 active listings
Sale-to-List Ratio
101.0%
95 sales
How this home compares
List Price
$550,000
vs $390,000 median
41.0% above median
Price / Sq Ft
$186
vs $163 median
14.1% above median
Days on Market
0 days
vs 29 days median
29 days fresher than median
Based on 20 active and 95 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of August 31, 2026.
Location
119 Williams Street, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Aug 27, 2026per month
- Principal & Interest$2,828
- Property Taxes$581
- Insurance$183
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Norwich
- Neighborhood
- Norwichtown
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- 3 Family
- Style
- Units on different Floors,3sides - Units Are Side-by-Side
- Year Built
- 1870
- New Construction
- No/Resale
- Living Area
- 2,964 sq ft
Schools
- Elementary
- Uncas
- High
- Norwich Free Academy
Interior
- Heating
- BaseboardGas on Gas
- Heat Fuel
- ElectricNatural Gas
- Cooling
- Wall Unit
- Basement
- Full
Exterior & Lot
- Lot Size
- 0.23 acres
- Zoning
- 1050
- Garage / Parking
- 2 garage spacesDetached Garage
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Shingle
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- N/A
Listing & Financials
- Property Taxes
- $6,975 / Annually
- Days on Market
- 0
- MLS #
- 24202005
- 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 8/31/2026. 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 8/31/2026 at 12:15 AM UTC.