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141 McKinley Avenue

Norwich, Connecticut 06360

ACTIVE - NEW$400,000
Beds
6
Baths
3
SqFt
3,262
Acres
0.14
Year Built
1933
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Excellent opportunity in Norwich's active rental market! This well-positioned three-family property offers flexibility for both owner-occupants and investors alike. Featuring a recently renovated, vacant second-floor unit, buyers have the opportunity to move right in while offsetting their mortgage with rental income, or secure a new tenant at market rent to maximize investment potential. The remaining two units are currently leased, providing existing rental income from day one. With separate utilities for all three units, this property offers added convenience and simplified management for landlords. Whether you're looking to expand your investment portfolio or make your first move into multifamily ownership, 141 McKinley Avenue is an opportunity you won't want to miss!

Key Facts

City/Town
Norwich
Neighborhood
N/A
Property / Style
Multi-Family · 3updown - Unit(s) per Floor
Year Built
1933
Days on Market
0 days
Beds
6
Baths
3 full
Living Area
3,262 sq ft
Lot Size
0.14 acres
Property Taxes
$7,711 / 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

$400,000

vs $399,900 median

In line with median

Price / Sq Ft

$123

vs $157 median

21.7% below median

Days on Market

0 days

vs 56 days median

56 days fresher 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

141 McKinley Avenue, Norwich, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,957

per month

  • Principal & Interest$2,181
  • Property Taxes$643
  • Insurance$133
  • 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
3 Family
Style
3updown - Unit(s) per Floor
Year Built
1933
New Construction
No/Resale
Living Area
3,262 sq ft

Schools

Elementary
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Steam
Heat Fuel
Gas In Street
Cooling
Window Unit
Basement
Full

Exterior & Lot

Lot Size
0.14 acres
Zoning
MF
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Wood
Roof
Asphalt Shingle
Foundation
Stone
Lot Description
N/A

Listing & Financials

Property Taxes
$7,711 / Annually
Days on Market
0
MLS #
24219052
MLS Status
Active

Similar Properties

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

Listed By

John Lesack

(774) 573-5614

Byrnes Real Estate Company

(833) 429-7637

Co-Listed By

Matthew Santurri

Byrnes Real Estate Company

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 3:16 AM UTC.