283 Laurel Hill Avenue
Norwich, Connecticut 06360
- Beds
- 4
- Baths
- 3
- SqFt
- 1,856
- Acres
- 0.26
- Year Built
- 1920
- Neighborhood
- Laurel Hill
- Property Type
- 3 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
Multifamily Property with Endless Possibilities! Great investment opportunity in a convenient location! This multifamily property features two residential units, each offering 2 bedrooms and 1 bathroom, along with a separate commercial space. The property has a strong rental history, making it an appealing opportunity for investors or owner-occupants alike. Some updates have already been completed, and separate utilities add to the property's convenience and potential. Enjoy the large rear deck overlooking the beautiful Thames River, with a new park planned behind the building to further enhance the setting. Whether you're looking to expand your investment portfolio or explore the possibilities of a mixed-use property, this one is full of potential! Property is being sold as-is. Don't miss this unique opportunity!
Key Facts
- City/Town
- Norwich
- Neighborhood
- Laurel Hill
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1920
- Days on Market
- 0 days
- Beds
- 4
- Baths
- 3 full
- Living Area
- 1,856 sq ft
- Lot Size
- 0.26 acres
- Garage / Parking
- 2 total
- Property Taxes
- $3,825 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
22
25 under contract
Median List Price
$424,413
22 active listings
Median Closed Price
$360,000
96 sales
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
$325,000
vs $424,413 median
23.4% below median
Price / Sq Ft
$175
vs $162 median
8.0% above median
Days on Market
0 days
vs 39 days median
39 days fresher 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
283 Laurel Hill Avenue, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Oct 8, 2026per month
- Principal & Interest$1,800
- Property Taxes$319
- Insurance$108
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Norwich
- Neighborhood
- Laurel Hill
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- 3 Family
- Style
- Units on different Floors
- Year Built
- 1920
- New Construction
- No/Resale
- Living Area
- 1,856 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- None
- Laundry
- None
- Basement
- PartialPartially Finished
Exterior & Lot
- Lot Size
- 0.26 acres
- Zoning
- MF
- Garage / Parking
- 2 total parking spacesOn Street ParkingAssigned Parking
- Waterfront Details
- Walk to WaterView
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Block
- Color
- Gray
- Roof
- Other
- Foundation
- BlockConcrete
- Lot Description
- Sloping LotWater View
Listing & Financials
- Property Taxes
- $3,825 / Annually
- Days on Market
- 0
- MLS #
- 24213741
- MLS Status
- Coming Soon
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 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 9:15 PM UTC.