82 Salem Turnpike
Norwich, Connecticut 06360
- Beds
- 6
- Baths
- 2 | 1
- SqFt
- 2,430
- Acres
- 0.63
- Year Built
- 1900
- Property Type
- 2 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
Incredible opportunity to own a high visibility, income generating mixed use property close to major highways and shopping! Offering 2,430 sq ft on 0.63 acres, this fully renovated building is ideal for investors or owner occupants. The vacant first floor commercial unit offers endless possibilities for retail, office, service based businesses, or other commercial uses. Updates include electrical (June 2024) and a new ADA-compliant ramp (August 2024). The second-floor residential unit offers 2 bedrooms and 1 bathroom, with new windows (April 2025), flooring, carpet, and kitchen and bath updates. The fully renovated third-floor unit also features 2 bedrooms and 1 bathroom. Both residential units are occupied on month-to-month leases, generating over $5,000 per month in combined rental income! With a proven history of long and short term rentals, this property offers immediate income and potential for more from the vacant commercial space. Additional features include a detached garage, 15-space parking lot (an additional parking space rented monthly) extra land in the rear, and ample basement storage. Whether expanding your portfolio or seeking a flexible live/work investment, this property checks all the boxes! Sold AS IS. *Cash or conventional financing only; government financing is not available due to the mixed use classification*
Key Facts
- City/Town
- Norwich
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1900
- Days on Market
- 0 days
- Beds
- 6
- Baths
- 2 full · 1 half
- Living Area
- 2,430 sq ft
- Lot Size
- 0.63 acres
- Garage / Parking
- 15 total
- Property Taxes
- $8,039 / Annually
Market Snapshot
The Norwich Market
Multi-Family · trailing 12 months
Active Listings
20
21 under contract
Median List Price
$439,500
20 active listings
Median Closed Price
$380,000
97 sales
Median Days on Market
64
20 active listings
Median $ / Sq Ft
$162
20 active listings
Sale-to-List Ratio
101.2%
97 sales
How this home compares
List Price
$449,000
vs $439,500 median
In line with median
Price / Sq Ft
$185
vs $162 median
14.2% above median
Days on Market
0 days
vs 64 days median
64 days fresher than median
Based on 20 active and 97 closed sales (trailing 12 mo) of multi-family in Norwich. Source: SmartMLS · As of November 12, 2026.
Location
82 Salem Turnpike, Norwich, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Nov 5, 2026per month
- Principal & Interest$2,433
- Property Taxes$670
- Insurance$150
- 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
- 1900
- New Construction
- No/Resale
- Living Area
- 2,430 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Air
- Heat Fuel
- Natural Gas
- Cooling
- Ductless
- Basement
- Full
- Accessibility
- Ramps
Exterior & Lot
- Lot Size
- 0.63 acres
- Zoning
- GC
- Garage / Parking
- 15 total parking spacesPavedParking LotOff Street Parking
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Lot Description
- Level Lot
Listing & Financials
- Property Taxes
- $8,039 / Annually
- Days on Market
- 0
- MLS #
- 24220835
- MLS Status
- Active
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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 11/12/2026. 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 11/12/2026 at 10:15 PM UTC.